The past decade has brought ground-shaking changes to global energy markets. The unconventional fuel boom has unexpectedly reduced U.S. dependence on oil imports, while in the Asia-Pacific region, energy-constrained nations are increasingly reliant on foreign sources to meet their soaring demand. With the U.S. slated to export liquid natural gas (LNG) to Asia as early as 2017, a new energy era has come.

This year’s World Water Day is taking on a broader theme than years past: sustainable development. The theme makes sense as two major international processes – the drafting of the Sustainable Development Goals to replace the Millennium Development Goals, and the most anticipated UN Climate Summit in years – are taking place in 2015. Decisions made over the next nine months will play a huge role in relationships between nations and global development priorities going forward.

Climate change negotiations seem to crawl along interminably at the pace of the glaciers they are meant to protect, with little perceptible progress as meeting follows meeting and conference follows lackluster conference. But this year we are seeing remarkable momentum building toward a historic conference in Paris in the closing days of 2015, by the end of which we will either have a new international agreement on cutting greenhouse gas emissions, or we will have seen the last of truly global efforts to strike a deal on saving our planet.

Natural resource management is a trust issue. There’s no better illustration of this than a scenario exercise. A new CNA Corporation report, Bone Dry and Flooding, details a simulation they ran for transboundary water management in the Indian sub-continent. Players of the game – nationals of China, Pakistan, India, and Bangladesh who had all previously worked in politics, policy, or development – were given a hypothetical five-year time span to manage shared water resources.

With the Obama Administration moving forward on emissions reductions, the deadline for drafting the Sustainable Development Agenda, and a highly anticipated global climate summit in Paris, 2015 promises to be a crucial year for climate policy. “In many ways, last year was the year of building momentum, and this is the year of getting the work done,” said Lisa Friedman, deputy editor of ClimateWire, at the Wilson Center on January 5. [Video Below]

On the heels of a landmark U.S.-China climate agreement, 2015 will be a critical year for China’s environmental and energy policy. A revised and much stricter Environmental Protection Law went into force on January 1; new amendments to the Air Pollution Law are likely to be put in place; and the National Development and Reform Commission will draft a new five-year plan.

One in five African states produce hydrocarbons, and most of these are heavily dependent on oil and gas revenues to finance their governments and generate foreign exchange. Further, an emerging group of East African states are waiting on international oil companies to develop new oil and gas reserves. But Africa’s record using non-renewable oil and gas resources to trigger economic and social development is poor – and plummeting prices may portend more instability to come.