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IPEEC: This international partnership for cooperation on energy efficiency was created in 2009.
Among its early actions, IPEEC will inventory member nations' domestic energy efficiency policies.
One of the first concrete and tangible outcomes of the outreach process in respect of energy is the recent establishment of the energy efficiency partnership, IPEEC. Also important is that the G8 has indirectly promoted enhanced cooperation between Western countries and the G5 by stimulating the outreach activity of the IEA (see subsequent discussion).
(52) In addition, it supports the energy working group of the Heiligendamm Process and will host the secretariat of the newly created IPEEC, two initiatives run by the G8 and its emerging partners.
Apart from that, it remains to be seen to what extent the high-level IPEEC can bring some coherence into the important field of energy efficiency.
The Heiligendamm Process, the recent establishment of IPEEC, and the G8's backing of the IEA's outreach to Russia and the G5 feature as the major achievements on this front.
The new partnership IPEEC, launched by the G8+5 minus South Africa, plus South Korea, has the potential to become the leading institution in the crucial area of energy efficiency.
The European Commission, however, claims the IPEEC as its own idea, being one of the "measures" taken by the G8 Heiligendamm summit in June 2007 on the basis of a proposal in the EU's Energy Efficiency Action Plan of October 2006.
The IPEEC aims to facilitate non-normative actions such as the exchange of information, encouraging development of energy efficiency technologies, increasing financing and cooperation efforts to accelerate deployment of energy efficiency technologies and research.
The scope of the IPEEC may include activities such as: 1.
Energy efficiency: Following member states' endorsement of the draft ministerial declaration on the future International Partnership for Energy Efficiency Cooperation (IPEEC), there is a "good basis" for the bilateral and multilateral discussions that will follow, under the chairmanship of Japan, in view of its formal adoption at the G8+3 energy ministerial meeting of June 2008.
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