What is the relationship between WIREC 2008 and Major Economies Members?
On May 31, 2007, President Bush announced an international energy security and climate change initiative to accelerate the development of a post-2012 framework on greenhouse gas emissions by the end of 2008. The G8 Leaders’ statement endorsed these objectives on June 7, 2007, and also “welcomed concerted global action to promote renewable energy.” As part of this initiative, the President called for a sector-based approach that will focus on the most urgent needs for research and development of clean energy technologies. This includes the acceleration and expansion of markets for current efficiency and the use of clean and renewable energy technologies. The President also called for participating nations to develop mid-term targets or goals, defined by national circumstances. WIREC 2008 will support this initiative by providing a forum for representatives of key economies, energy consumers, and renewable energy producers in developed and developing countries to advance the development,
