China and global energy governance under the G20 framework /

The current global energy governance system is still characterized by fragmentation, and lacks a widely Nation-states Play a Vital Role in Shaping recognized international regime to effectively address Current Global Energy Governance the need to coordinate energy policy in the global energy market and to provide collective energy security to all The geopolitical dimension of energy security has a [...] The many endeavours, including: the creation of the IEF and its efforts to bridge Nation-states Have a Need for Effective Global producer and consumer nations; the establishment of UN- Energy Governance Energy; the creation of IRENA; greater engagement of the World Bank and the WTO; and the early steps taken by the The information IGOs provide tends to be uncommon G7 and the G20 to address the ene [...] Renewable energy and clean energy could contribute The rise of the G20 in global economic governance since greatly to the mitigation of climate change, and could the 2008 global financial crisis provides the global energy even be a last-resort solution in the future, given that governance system with another option. [...] Following the existing successful THE G20 cooperation model between the IEA and the G7, together with the fact that the G20 has taken over the leading role Among all the organizations in global energy governance, in global economic governance from the G7, it appears that the IEA is regarded as having the greatest potential to be the IEA may continue to play the rather unusual direct role “the one” [...] Third, members of the G20 involve the most important The current global energy governance system plays a players in the international energy market: China, India limited role in coordinating the global energy market and and the United States (the biggest energy-consuming guaranteeing the collective security of energy supply on powers) and Saudi Arabia and Russia (the leading energy a global scale.