257 views Introduction There is no development without fuelling the engine of growth. Energy is critical and people with no sustainable access to energy are deprived of the opportunity to become part of national and global progress. The Regulatory Framework is the foundation for how all the decisions that affect utilities are made (including the setting of rates), as well as the predictability and consistency of decision-making provided by that foundation, as Moody’s says in its methodology for the sector. Countries around the globe are implementing a diverse set of strategies to spur investment and increase renewable generation. According to the United Nations Environment Programme, regulatory levers like specific tariffs and auctions are key to driving progress toward broader targets.