What might the G20 under China’s Presidency deliver for global energy governance?
Philip Andrews-Speed and Xunpeng Shi
Synopsis
The prevailing architecture of global energy governance is fragmented, uncoordinated and, failing to yield the required outcomes. This brief examines the argument that the G20 can provide a leadership role to improve the quality of global energy governance. Given that energy has characteristics of a global public good and the energy system resembles a complex adaptive system, the global governance of energy should be polycentric. This requires a high level of coordination and trust between governing actors. The G20 can be seen as a club at the hub of networks that can play a key role in improving the global governance of energy, for clubs and networks are institutions that can usefully enhance coordination and trust. China’s Presidency of the G20 in 2016 provides a unique opportunity for the G20 to prove its worth.
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