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Secretary General participates at Inaugural meeting of G20 Energy Ministers in Istanbul

On 2 October 2015, G20 Ministers of Energy met for the first time as mandated by the Brisbane G20 Summit in 2014. The meeting welcomed the progress made on the implementation of G20 principles on energy collaboration in addressing energy access, energy efficiency, renewable energy, market transparency and phasing out of inefficient fossil fuel subsidies.

The Ministers once again stressed the need to create a conductive enabling environment for scaling up the necessary investments in sustainable energy investments, building public-private partnerships, regional integration and cooperation and strengthening international cooperation. The importance of investment was reiterated numerous times by all Ministers and Heads of Delegations as the main tool to alleviate energy poverty, ensure energy access for all, scale up renewables and energy efficiency deployment worldwide. The Secretary General Dr. Rusnák reiterated the importance of the International Energy Charter as a conductive framework for mutually beneficial energy cooperation among nations and for promoting the international flow of investments in the energy sector. In his address to the Ministers, the Secretary General stressed once again the main objective of the Energy Charter to provide for a stable transparent legal framework at national and regional levels for attracting investments in the energy sector and the potential contribution of the Energy Charter Process and its principles for achieving the UN Sustainable Development Goals.

G20 Inaugural Meeting, 2 October 2015, Istanbul