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What Role Can the G20 Play in Global Energy Governance? Implications for China's Presidency
Author(s) -
AndrewsSpeed Philip,
Shi Xunpeng
Publication year - 2016
Publication title -
global policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.602
H-Index - 33
eISSN - 1758-5899
pISSN - 1758-5880
DOI - 10.1111/1758-5899.12288
Subject(s) - presidency , corporate governance , global governance , energy (signal processing) , china , argument (complex analysis) , club , quality (philosophy) , economic system , political science , business , public administration , public relations , economics , management , law , politics , medicine , biochemistry , statistics , chemistry , philosophy , mathematics , epistemology , anatomy
The prevailing architecture of global energy governance is fragmented, uncoordinated and failing to yield the required outcomes. This article examines the argument that the Group of 20 (G20) can provide a leadership role to improve the quality of global energy governance. Energy has characteristics of a global public good and the energy system resembles a complex adaptive system. These observations imply that the global governance of energy should be polycentric and this, in turn, entails a high level of coordination and trust between governing actors. Clubs and networks are institutions that can usefully enhance coordination and trust. In this respect, 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 and China's presidency of the G20 in 2016 provides a unique opportunity for the G20 to prove its worth.