About Dina AzhgaliyevaDina Azhgaliyeva is a research fellow at the Asian Development Bank Institute.
Energy security is a crucial issue in contemporary international relations but not a new one. It is usually defined as the reliable and sufficient supply or demand of energy at acceptable prices and is at the top of the agenda for both energy-importing and energy-exporting countries.
By Dina Azhgaliyeva. Posted October 25, 2019
Investment in renewable energy of $9 trillion is required to meet global energy supply needs by 2040 (International Energy Agency 2016), but investments in fossil fuels still dominate those in renewable energy. Many countries are implementing national energy policies, including fiscal, financial, information and education, institutional support, strategic planning, regulatory, and voluntary measures, to promote greater private investment in renewable energy.
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