Outlook 2025: The importance of ensuring a just transition for developing nations

While the global energy transition is essential for reaching net zero, it is equally important that less-developed countries are allowed to realise the benefits of their hydrocarbon resources

There is a need for nations to transition their energy sources from hydrocarbon-intensive ones to ‘greener’ varieties. However, how to do this is widely debated among politicians and business leaders. Eco Atlantic believes that a successful global energy transition is important to achieve a ‘net zero’ result, yet it is equally important not to penalise nations with unrealised hydrocarbon reserves. According to the UN Development Programme, 1.18b people, or 13% of the global population, live in energy poverty—mostly in Africa and South Asia. All nations must determine their own energy policies and carefully consider their energy mixes to ensure energy poverty is overcome. This is especially i