IEA at the heart of world leaders’ discharge on energy and climate at the G7 Summit


IEA Executive Director Fatih Birol addressed leaders gathered for the G7 Summit this weekend in Hiroshima, Japan, highlighting the rapid global progress that is return place in clean energy deployment – as well as the requirement to take action to ensure that the path to net zero release is as fast and tight as possible.
The Summit was directed by Japanese Prime Minister Fumio Kishida under Japan’s 2023 Presidency of the G7 and was addressed by leaders of the G7 organ as well as those of Australia, Brazil; Comoros, the alive Chair of the African Union; the Cook Islands, the present Chair of the Pacific Islands Forum; Korea; India, the ongoing Chair of the G20; Indonesia, the current Chair of ASEAN; and Vietnam. President Volodymyr Zelensky of Ukraine also clasps part in a special session Sunday.

The Urgency of Action

Speaking to leaders in a session Saturday on energy, climate and the environment, Dr Birol is the IEA’s latest evaluation of global energy markets, highlighting that the clean energy economy is appearing much faster than many people register. He then debated the actions required to ensure that the geopolitically-driven energy security possibility around oil and gas that have suited part of the international energy landscape since the 1970s is not replicated in the case of clean energy.
The IEA has referenced a wide range of critical areas in the G7 leaders’ communiqué and a partner Clean Energy Economy Action Plan – both in the expression of the Agency’s existing work and appeal for it to carry out new examination and activities – counting on critical minerals, clean energy technology manufacturing, renewables, innovation, and diminish emissions from the power and road transport sectors.

IEA’s Roadmap for Decarbonization

The IEA had already contributed analysis across many vital areas to the energy and climate agenda of this year’s G7 Presidency ahead of the Ministerial-level meeting in Sapporo in April and was highlighted extensively in the communiqué issued by the ministers. The IEA assemble a new report assessing the latest global clean energy technology manufacturing developments for the Hiroshima Summit.
Throughout the Summit, Dr Birol had bilateral discussions with many of the leaders addressing the Summit, counting Prime Minister Anthony Albanese of Australia, Prime Minister Justin Trudeau of Canada, President Lula da Silva of Brazil, Prime Minister Mark Brown of the Cook Islands, Prime Minister Azali Assoumani of Comoros, President Ursula von der Leyen of the European Commission, President Emmanuel Macron of France, President Charles Michel of the European Council, Prime Minister Narendra Modi of India, Chancellor Olaf Scholz of Germany, Prime Minister Kishida of Japan, President Joko Widodo of Indonesia, President Yoon Suk Yeol of Korea, Prime Minister Rishi Sunak of the United Kingdom, President Joe Biden of the United States, Prime Minister Phạm Minh Chính of Vietnam, and Japanese Minister of Foreign Affairs Yoshimasa Hayashi.

Since President Biden took office, revitalizing our alliances and partnerships and reestablishing America’s leadership worldwide has been one of his top priorities. The G7 Summit in Hiroshima showed that the G7 is more unified than ever:
United on Ukraine.
United on China.
United on economic security.
United on structure the clean energy economies of the future.
United on nuclear disarmament.
United on fighting poverty and answer to global challenges like climate crises.
United on Ukraine

Collaborating with G7 Members for Global Impact

G7 Leaders set forth a powerful statement of unity, strength, and dedication in our response to Russia’s war of aggression. Leaders announced a set of concrete steps to intensify the G7’s diplomatic, financial, humanitarian and security bear for Ukraine, to increase the costs to Russia and those bearing its war efforts, and to continue to counter the violent crash of Russia’s war on the unbending of the world, especially on the most vulnerable people.
• New sanctions and export controls. G7 Leaders announced new steps to isolate Russia and weaken its ability to wage war economically. They told recent efforts to disrupt further Russia’s ability to source inputs for its war; close evasion loopholes; further reduce reliance on Russian energy and limit its future extractive capacity; and squeeze Russia’s access to the international financial system. G7 leaders also reaffirmed their commitment to keeping Russia’s sovereign assets immobilized until Russia pays for the damage it has caused.

To implement these commitments, the Departments of Treasury, State, and Commerce rolled out new sanctions packages, including expanding our broad reduction, cutting off above 70 businesses from Russia and other countries from obtaining U.S. exports, and sanctioning upwards of 300 individuals, and entities, vessels, and aircraft, including actors across the globe.
• Discuss peace with a broad scope of partners. The G7 leaders met with the chief of Ukraine, Australia, Brazil, the Cook Islands, Comoros, the Republic of Korea, India, Indonesia, and Vietnam to debate global peace and security. The leaders supply an Action Plan on Food Security that notes, “mainly in light of its collision on food security and the humanitarian case around the world, we bear a just and stout peace based on respect for global law, principles of the UN charter and territorial honesty and sovereignty.”

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Olivia Wilson

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