Energy Ministers discuss energy investments and access-Plan 2 Rome

The following are additional details from the joint statement:

Energy Investments

1. We believe that coping with the interlinked issues of energy
investments, energy access and availability, and the climate change,
challenge is key to the future of our countries. The current
financial and economic crisis must not delay investments and
programmed energy projects which are essential to economic recovery
and sustainable prosperity through the world.

2. We stress the need to define and share long-term scenarios on
energy policy with the aim to increase transparency and reduce
volatility in the energy markets. Consequently, we urge governments
and energy companies to adopt a long-term view in planning their
investments in energy infrastructure.

3. We welcome the work by the International Energy Agency, the
International Energy Forum and OPEC Secretariats and invite them to
continue preparing evidence-based analysis on the state of energy
investments and prospects to be discussed at relevant Ministerial
Meetings.

4. We commit to strengthen efforts in identifying obstacles to
efficient energy markets, building upon the progress made in the 11th
IEF Ministers’ Meeting in Rome, the Jeddah and London Energy Meetings
of 2008 and the Asian Ministerial Energy Round Table in Tokyo of
2009.
5. We call for transparent, open and well functioning world energy
market with a view to the changing context, the current economic and
financial crisis and the challenges ahead.

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