Brussels, 8 June 2008
A year later, on 8 June 2008, the G8 countries, China, India, South Korea and the European Community decided to establish the International Partnership for Energy Efficiency Cooperation, at the Energy Ministerial meeting hosted by Japan in the frame of the 2008 G8 Presidency, in Aomori.
The Partnership will add value to existing structures and agreements that tackle energy efficiency, its purpose being to facilitate those actions that yield high energy efficiency gains and improvements, and where the participating countries see an added value for themselves and therefore choose to take action in the areas of their interest on a voluntary basis.
The Partnership offers to the G8 and other interested countries a flexible forum for high level policy discussion, regular strategic cooperation and exchanges focused exclusively on energy efficiency. It will support the ongoing work of the participating countries and relevant organisations to promote energy efficiency. It will be a supplementary and complementary instrument to the United Nations Framework Convention on Climate Change process.
The objectives of the Partnership:
The Partnership will have a modular structure:
The Partnership will draw on the expertise and work undertaken by international organisations and financial institutions, research organisations, the private sector, support public – private partnerships.
An initial Work Programme includes some concrete areas for voluntary cooperation, such as:
The Partnership will be open to the participation of any major economy wishing to join.
The EU has already announced an initial contribution of EUR 400.000 for setting up an implementing structure of the Partnership. The other partners, e.g. Japan, USA, are also taking similar commitments.