Fact Sheet: G-8 Action on Energy and Climate Change

Newsroom America
By Newsroom America Feeds at 19 May 18:59

At the Camp David Summit, G-8 Leaders recognized that the development of and universal access to environmentally safe, sustainable, secure, and affordable sources of energy is essential to global economic growth and to their overall efforts to address climate change. As such, they identified several actions for the G-8 to take together:

Pursue a Comprehensive Energy Strategy – Safely

Recognize the value of simultaneously pursuing a wide variety of energy sources in order to meet energy demands, acknowledging each nation’s different needs and different approaches. In pursuing an appropriate mix from all of the above, we recognize that different energy sources have different inherent risks and must be developed in a safe, efficient, and environmentally sustainable manner. Support the G-20 Global Marine Environment Protection initiative to develop a Best Practices Sharing Mechanism (GMEP Mechanism), available to all interested countries and stakeholders, for the exchange of best practices for offshore oil and gas exploration and development in an effort to help prevent future accidents. Welcome and agree to review the International Energy Agency’s work on potential best practices for natural gas development as an input into our effort to share information on strategies for its environmentally safe and sustainable production. Recognize the important work of the International Atomic Energy Agency (IAEA), particularly full implementation of its Action Plan on Nuclear Safety, and strengthened cooperation between governments, the nuclear energy industry, and the IAEA. Encourage all Parties to make full use of the upcoming extraordinary meeting of the Convention on Nuclear Safety to enhance and strengthen the effectiveness of the international legal framework by the most efficient and practicable means available. Notes the importance of the upcoming December 2012 Fukushima Ministerial Conference on Nuclear Safety.

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