The upcoming FSR Talks session will explore the role of the EU in energy transition pathways in the Global South.
Speakers will discuss the EU's strategic initiatives in this regard, the implementation pathways and impacts they are intended to have, and the importance of gender aspects in energy transition. The session will also examine the interactions between the global north and south and how efforts can be accelerated to realize a shared energy transition vision.
Background
The global energy landscape is undergoing a profound transformation, driven by the need to address climate change and achieve sustainable development goals. As countries strive to decarbonize their economies and transition towards renewable energy sources, the role of the European Union (EU) in shaping energy transition pathways in the Global South has become increasingly significant.
The EU has been at the forefront of efforts to combat climate change and promote renewable energy. Through its ambitious policies and initiatives, such as the European Green Deal, Cross Border Adjustment Mechanism (CBAM), etc the EU has set clear targets for reducing greenhouse gas emissions and increasing the share of renewable energy in its energy mix. These efforts have not only transformed the EU's own energy sector but have also had a significant impact on global energy markets and policies.
In the Global South, countries are faced with the dual challenge of meeting growing energy demand while also transitioning to a more sustainable energy system. The EU, with its experience and expertise in energy transition, can play a crucial role in supporting these countries in their efforts. This includes providing technical assistance, sharing best practices, and facilitating access to finance and technology.