This is an excerpt from EERE Network News, a weekly electronic newsletter.

June 20, 2003

G8 Plans to Boost Energy Efficiency and Renewable Energy Worldwide

The group of eight leaders of large industrialized countries, known simply as the G8, recently set forth plans to encourage energy efficiency and renewable energy development around the world.

The early-June G8 Summit, which brought together the leaders of the United States, the United Kingdom, Canada, Germany, Italy, Japan, Russia, and France, resulted in a document that noted "the need ... to support the development of cleaner, sustainable and more efficient technologies." The document commits to promoting energy efficiency and encouraging rapid innovation and market introduction of clean energy technologies. To increase the share of renewable energy in global energy use, and to accelerate the development of fuel cell and hydrogen technologies, the G8 emphasizes collaborative research with an emphasis on achieving competitive energy prices. The G8 will also encourage the Global Environment Fund to increase energy efficiency, renewable energy, and sustainable energy use when setting up its programs. See the G8 action plan and the Global Environment Fund Web site.

DOE has recently demonstrated its commitment to global sustainable energy development by steadily expanding its efforts to collaborate with international partners. In the most recent example, DOE signed a memorandum of understanding with Brazil on Friday. The agreement calls for a broad partnership to develop renewable energy and energy efficiency technologies, as well as hydrogen technologies. Brazil will also become the first Latin American country to join President Bush's proposed International Partnership for a Hydrogen Economy. See the DOE press release.