Regional Cooperation for Sustainable Energy in Asia and the Pacific

image of Regional Cooperation for Sustainable Energy in Asia and the Pacific

This publication is the theme study for the 73rd session of commission to be held in May 2017. The main purpose of the publication is to call on policymakers in Asia and the Pacific for urgent actions to transition national energy sectors to achieve the Sustainable Development Goals (SDG), particularly Goal 7. The energy sector transition is the only way to address the sizeable energy deficit which impede progress in energy access in a number of member countries. It will also address gaps between current commitments under the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change and lack of coherent energy strategic and policy frameworks and actions held back progress of SDG7.



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.


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