The endeavors toward a global just energy transition—ensuring the shift from high to near-zero emission energy system that reduces existing social inequalities and promotes inclusivity, poverty reduction, improved access to affordable energy and fairness—face multiple challenges of the present world-order dynamics. The economic pressures of inflation and debts on the global South, rising competition between the world’s power rivals creating subsidized domestic clean technologies supply chains, and unsteady commitments of the world’s leading nations toward environmental commitments are the main obstacles slowing the progress of a global transition and poor governance and regulatory environments in many developing nations. The impacts of these impediments on the just transition developments are analyzed and mitigation policies are proposed. Due to the complex nature of challenges, a just transition cannot be realized within the foreseeable future unless a global cooperative and commitment breakthrough is made. To alleviate challenges, policies are proposed to improve the …
The Struggle for a Just Energy Transition in a Turbulent World Order [Video]
Categories