Eurasia, Latin America, and Africa are home to 94.6% of the world population. But many people in these regions are subject to a lower quality of life. For example, out of sub-Saharan Africa’s 1 billion inhabitants, only 42.8% of the population has access to electricity. Access to secure and affordable energy that doesn’t contribute to climate change is central to poverty reduction and economic growth. Most experts think multilateral solutions are the answer. However, for the time being, it is unclear what exactly will be the driving force behind such efforts, and if a multilateral world order will sufficiently contribute to the development of energy infrastructure as the basis for world development.
Among the questions to be addressed:
- Should cooperation with the energy sector be left to the UN, OECD, OPEC, G7 or G20? Or is there a need for a new platform?
- Given the growth of China, India, and Africa in particular, which institutions will be best equipped to promote an approach to energy security?
- What is the role of renewable energy in reducing the current energy crisis? What is the role of alternative sources in foreign energy security policy?