Energy transition strategies for Asia and the Pacific

A common debate in policy circles is whether market forces alone can move the energy transition forward — the position taken by free-market advocates — or whether government interventions are necessary. Considering the need to accelerate the energy transition, and the fact that markets have both inherent and manufactured flaws, the best governance is a strategic blend of market forces and public policies that fix or compensate for market imperfections.

Sustainable Development Goals:

Affordable and Clean Energy