New Fuels, Old Aspirations: Moving the Next 5 Billion

ORF PolicyPod

Past industrial revolutions were powered by the uncontrolled use of fossil fuels; the Fourth Industrial Revolution must find additional sources of energy. Yet, 2021 provided stark reminders of how many countries still depend on a secure supply of fossil fuels. The energy transition is not straightforward: It could amplify socio-political fissures at home, and introduce dependencies abroad. For developing countries, rigid decarbonisation measures could also thwart the evolution of a robust domestic industry. How can energy transitions help in rapid industrialisation and at-scale employment generation in the developing world? How can key nations invest in an institutional framework that supports this new energy landscape of the future? Will constructs like the International Solar Alliance be the start of a new era of coalitions for like-minded nations? Will geopolitics serve these energy transitions or complicate them? Anniken Huitfeldt, Minister of Foreign Affairs, Norway Mathias Cormann, Secretary-General, OECD Aminath Shauna, Minister of Environment, Climate Change and Technology, Maldives Amitabh Kant, G20 Sherpa, India Moderator: Ila Patnaik, Chief Economist, Aditya Birla Group, India The Raisina Dialogue is a multilateral conference committed to addressing the most challenging issues facing the global community. Every year, global leaders in policy, business, media and civil society are hosted in New Delhi to discuss cooperation on a wide range of pertinent international policy matters. The conference is hosted by the Observer Research Foundation in collaboration with the Government of India, Ministry of External Affairs. Click here to learn more about ORF Podcast: www.orfonline.org/podcasts/