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Regulatory Indicators for Sustainable Energy

Author

Listed:
  • Francisco Alejandro Moreno
  • Sudeshna Ghosh Banerjee
  • Jonathan Sinton
  • Tanya Primiani
  • Joonkyung Seong

Abstract

Energy is at the forefront of the development agenda. Recognizing energy's vital role in development and prosperity, the world has committed to Sustainable Development Goal 7 to "Ensure access to affordable, reliable, sustainable and modern energy for all" as one of 17 goals for 2030, as well as to dramatically increase energy efficiency and the use of renewable energy. The historic climate change agreement in Paris in 2015 also draws attention to the essential scale-up of clean energy to attain a 2 degrees C world, with energy featuring prominently in many countries' Nationally Determined Contributions. Achieving these global energy goals calls for more than a trillion dollars of investment annually. Reaching the 2030 targets set by Sustainable Energy for All (SEforALL) - universal access to electricity and clean cooking fuels, doubling the rate of improvement of energy efficiency, and doubling the share of renewable energy - requires an unprecedented scale-up of both public and private finance. Investment in sustainable energy is affected by many factors, including market size, country risk, and financial markets, to name but a few. But a country's policies and regulations also matter, and they are directly under the control of government. This report—based on a new and comprehensive global policy scorecard called Regulatory Indicators for Sustainable Energy (RISE) - answers two important questions. Are policymakers around the world truly rising to the challenge posed by the new global sustainable energy agenda? Where is further action most critically needed?

Suggested Citation

  • Francisco Alejandro Moreno & Sudeshna Ghosh Banerjee & Jonathan Sinton & Tanya Primiani & Joonkyung Seong, "undated". "Regulatory Indicators for Sustainable Energy," World Bank Publications - Reports 26099, The World Bank Group.
    • Handle: RePEc:wbk:wboper:26099
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    Cited by:

    1. Majewski, Peter & Al-shammari, Weam & Dudley, Michael & Jit, Joytishna & Lee, Sang-Heon & Myoung-Kug, Kim & Sung-Jim, Kim, 2021. "Recycling of solar PV panels- product stewardship and regulatory approaches," Energy Policy, Elsevier, vol. 149(C).
    2. Dong, Kangyin & Dong, Xiucheng & Jiang, Qingzhe & Zhao, Jun, 2021. "Assessing energy resilience and its greenhouse effect: A global perspective," Energy Economics, Elsevier, vol. 104(C).
    3. Carlo Drago & Andrea Gatto, 2022. "An interval‐valued composite indicator for energy efficiency and green entrepreneurship," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2107-2126, July.
    4. Almeshqab, Fatema & Ustun, Taha Selim, 2019. "Lessons learned from rural electrification initiatives in developing countries: Insights for technical, social, financial and public policy aspects," Renewable and Sustainable Energy Reviews, Elsevier, vol. 102(C), pages 35-53.
    5. Samuli Patala & Jouni K. Juntunen & Sarianna Lundan & Tiina Ritvala, 2021. "Multinational energy utilities in the energy transition: A configurational study of the drivers of FDI in renewables," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(5), pages 930-950, July.
    6. Gatto, Andrea & Drago, Carlo & Panarello, Demetrio & Aldieri, Luigi, 2023. "Energy transition in China: Assessing progress in sustainable development and resilience directions," International Economics, Elsevier, vol. 176(C).
    7. Drago, Carlo & Gatto, Andrea, 2022. "Policy, regulation effectiveness, and sustainability in the energy sector: A worldwide interval-based composite indicator," Energy Policy, Elsevier, vol. 167(C).
    8. Pelz, Setu & Pachauri, Shonali & Falchetta, Giacomo, 2023. "Short-run effects of grid electricity access on rural non-farm entrepreneurship and employment in Ethiopia and Nigeria," World Development Perspectives, Elsevier, vol. 29(C).
    9. Nepal, Rabindra & Zhao, Xiaomeng & Liu, Yang & Dong, Kangyin, 2024. "Can green finance strengthen energy resilience? The case of China," Technological Forecasting and Social Change, Elsevier, vol. 202(C).
    10. Ahmad Bathaei & Dalia Štreimikienė, 2023. "Renewable Energy and Sustainable Agriculture: Review of Indicators," Sustainability, MDPI, vol. 15(19), pages 1-24, September.
    11. Evangelos Grigoroudis & Vassilis S. Kouikoglou & Yannis A. Phillis & Fotis D. Kanellos, 2021. "Energy sustainability: a definition and assessment model," Operational Research, Springer, vol. 21(3), pages 1845-1885, September.
    12. Aidana Tleuken & Galym Tokazhanov & Kebir Mohammed Jemal & Ramazan Shaimakhanov & Magzhan Sovetbek & Ferhat Karaca, 2022. "Legislative, Institutional, Industrial and Governmental Involvement in Circular Economy in Central Asia: A Systematic Review," Sustainability, MDPI, vol. 14(13), pages 1-26, July.
    13. Gatto, Andrea & Drago, Carlo, 2020. "Measuring and modeling energy resilience," Ecological Economics, Elsevier, vol. 172(C).
    14. Jang-Chul Kim & Qing Su, 2024. "Political ratings, government quality, and liquidity: evidence from Non-U.S. energy stocks listed on the NYSE," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 48(3), pages 614-643, September.
    15. World Bank Group, "undated". "Africa's Pulse, No. 17, April 2018," World Bank Publications - Reports 29667, The World Bank Group.

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