Role of Regional Cooperation and Integration in Improving Energy Insecurity in South Asia
This working paper examines the literature on energy security in Asia. It gives an overview of resource constraints and the growth nexus in Asia, the scope for enhancing energy security, and the potential of regional cooperation to boost energy security. Wide disparity exists in energy security across the regions and between and within countries in Asia. With energy security critical to national security and access to natural resources, it is an important aspect of Asia’s long-term growth and development. This working paper puts forth that increasing regional cooperation can help improve access to energy among the energy-deficit developing countries in Asia, and benefit the region.It concludes that regional cooperation and integration promotes an interdependence network that ensures maximum use of renewable and non-renewable energy resources. This working paper also covers energy infrastructure development, investment needs, and potential sources of funding.
Author: Tapan Sarker, Shanawez Hossain, K. M. Nazmul Islam
Tags: Energy Security, Energy, Renewable Energy, Trade