Thelack of global consensus on how to deal with complex energy governancechallenges has led to the emergence of information disclosure initiatives asgovernance tools in and of themselves. This article assesses the effectivenessof disclosure mechanisms as tools of energy governance by looking at themotivations and desired outcomes behind a series of disclosure-basedinitiatives in the energy sector, namely: making energy markets work moreefficiently; inducing corporations to internalize their climate changeexternalities; and improving democratic processes that lead to better energygovernance outcomes. The disclosure initiatives assessed in this article adoptdifferent strategies to achieve their objectives, mobilizing either users ofinformation or holders of information, with varying effectiveness. Wherepressures for secrecy exist, voluntary disclosures without formal sanctions toincentivize compliance have limited impact. Where users of information areprimarily mobilized as drivers of change, the disclosures have to be easilyunderstood to have impact; this is no easy task when it comes to the energysector. Disclosure mechanisms that use a strategy of engagement and building ofwide networks have perhaps the best potential to influence (or pressure)holders of information to change their behavior accordingly. However,disclosure mechanisms underpinned by western-influenced values of governmentaltransparency may not be as effective in countries that lack democratic systems.
Wiley: 24 months
FLORINI, Ann, & SALEEM, Saleena.(2011). Information disclosure in global energy governance. Global Policy, 2(1).
Available at: http://ink.library.smu.edu.sg/soss_research/2252
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