U.S. Energy Secretary Steven Chu joined with top energy leaders from around the world to launch the International Partnership for Energy Efficiency Cooperation (IPEEC).
IPEEC signatories included members of the G8–Canada, France, Germany,
Italy, Japan, the Russian Federation, the United Kingdom, and the
United States, and key emerging economies such as Brazil, China, India,
Mexico and the Republic of Korea.
"This partnership can help lead the world toward greater energy efficiency," Chu said. "It will facilitate greater cooperation on our shared goals: a healthier planet and a stronger global economy."
Secretary Chu arrived in Rome on Saturday as the head of the U.S. delegation to the G8 energy meeting. Over the course of the three day gathering, Energy Ministers discussed new clean energy and energy efficiency technologies, ways to reduce greenhouse gas emissions, and investments countries can make to grow their economies and promote global security and development.
To facilitate cooperation in this key area, the IPEEC will serve as a high-level forum for facilitating a broad range of actions that yield energy efficiency gains and encourage market implementation of key energy efficiency technologies, such as best practices, policies and measures for efficient building designs.
As part of the operational launch of IPEEC, participating Energy Ministers signed the IPEEC Terms of Reference. In addition, senior officials signed a Memorandum of Association with the International Energy Agency (IEA) in Paris to host the IPEEC Secretariat.
Partners also agreed on a set of initial tasks for the IPEEC draft work plan, including the establishment of a Sustainable Buildings Network (SBN) to promote efficiency gains in residential, commercial and industrial buildings; a compilation and summary of national energy efficiency action plans; an inventory and review of international energy efficiency initiatives; and improved methods for measuring and verifying progress towards domestic energy efficiency goals.
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