Strategic Prioritization of Action Plan towards De-Carbonization and Sustainable Energy Transition for Developing Nations

Abstract

The strategic prioritization in policy synergies heterogeneous stakeholders and opportunities that facilitates developing nations to game for betterment of society in limited resources. The strategic prioritization methodology was presented to frame long and short-term actions with available resources. The theme is to develop inherently de-carbonize economies with minimum spending, efforts, adopting best practices, exploit regional potential, optimize asset efficiency, recycling/reuse, technology and innovation, etc. However, trickle down global climate change regulations require level of awareness for regional energy dynamics, politics, bureaucratic structure, training and education, infrastructural weaknesses, financial barriers, etc. Several conflicting, non-measurable and inconsistency in policies destroy efforts towards net carbon zero and hindering de-carbonizing objectives in the developing world. No doubt, societal factors and their interest’s influences political systems engaged in energy transition policymaking, implementation and enforcement. Therefore, it’s time to organize energy transition efforts/planning in a way that it has minimum financial impact and keep developing economies on momentum. The article highlights sustainable policy instruments, initiatives, best practices, opportunities, innovation areas and identify stating steps those will inherently lead climate change ambitious targets of de-carburization in developing economies with minimum financial investment.