News & Events

The Commission is in the process of updating some of the content on this website in light of the withdrawal of the United Kingdom from the European Union. If the site contains content that does not yet reflect the withdrawal of the United Kingdom, it is unintentional and will be addressed.

G20 Energy Ministers embrace energy efficiency and renewables and focus on energy investments

Share this Post:

 

On 2 October 2015, in Istanbul, Turkey, the Energy Ministers from the G20 countries and heads of international organisations met for the first time, affirming their commitment to renewable energy.

 

The meeting focused on access to sustainable energy for all, energy efficiency, investments in energy and renewable energy. Ministers also placed high importance on energy access, international cooperation, market transparency, energy security, clean energy innovation and climate change.

 

The high-level participants endorsed an 11-point Communiqué, including a 'toolkit' of options for a long-term, integrated and sustainable approach towards enhanced deployment of renewable energy. The Communiqué will be presented to the G20 Antalya Summit in November for consideration by G20 leaders.

 

European Commissioner for Climate Action and Energy, Miguel Arias Cañete, attending the meeting, said: "The EU has built global leadership in renewable energy. Today, renewables generate around 23.5% of the EU's power, and this is expected to rise to 50% by 2030. Yet, we should all aim higher and do all we can to encourage a boost in investments in renewables. Oil prices are low while the cost of renewables is falling dramatically so now is the moment to invest in renewables as a major tool in the fight against climate change."

 

Participants also discussed the implementation of the energy efficiency action plan which was agreed at the G20 summit in November 2014. Under the action plan, G20 countries share knowledge on energy efficiency in a number of areas including vehicles, products and buildings.

 

 

For further information, please visit the relevant European Commission website: https://ec.europa.eu/energy/en/news/g20-energy-ministers-meeting-focuses-sustainable-energy-access-energy-efficiency-and-renewables

 

See also the relevant IRENA website: http://www.irena.org/News/Description.aspx?NType=A&mnu=cat&PriMenuID=16&CatID=84&News_ID=424