The International Energy Forum (IEF) participated in the 1st Energy Efficiency & Renewables Forum and Energy Transitions Working Group, held under the G20 Presidency of Argentina with the motto "Building Consensus for Fair and Sustainable Development" on 21-23 February 2018 in Buenos Aires, Argentina.
In the 1st Session of the G20 Energy Transitions Working Group the G20 Presidency requested the IEF to contribute to G20 session discussions on energy data transparency and markets digitalisation by presenting on JODI-Oil and Gas. Delegates observed that market transparency has always been at the heart of the IEF Energy Dialogue on energy security, and the mission of the G20. Enhancing collaboration on data transparency will become more important to strengthen energy security, sustainable development, and orderly transitions in the interests of all stakeholders. The greater ease of access to more granular data that digitisation offers will allow energy policy makers and investors to make better decisions faster in a more dynamically evolving world energy market.
The IEF also participated in the Energy Efficiency & Renewables Forum following the 2nd G20 Energy Ministers’ call on the International Energy Forum in 2016 under the Chinese Presidency to establish a Knowledge Sharing Framework on Energy Efficiency in support of the G20 Energy Efficiency Leading Programme. This extends work on an Asian Energy Efficiency Knowledge Sharing Framework under the IEF that Energy Ministers gathered at the 6th Asian Ministerial Energy Roundtable in Doha, Qatar in 2015 endorsed upon a proposal from the Kingdom of Saudi Arabia with the support of Japan, and welcomed at the IEF15 Ministerial Meeting in Algiers in 2016.
At the 7th Asian Ministerial Energy Roundtable held in Bangkok, Thailand in 2017, Ministers encouraged stakeholders to pool efforts in globally integrated frameworks to accelerate energy efficiency gains across the full energy sector spectrum and leverage the IEF Energy Efficiency Knowledge Sharing Framework, in close collaboration with relevant organisations, and governance platforms in Asia, as well as with other international organisations such as the International Partnership for Energy Efficiency Cooperation, the IEA, the International Energy Charter, OPEC, SEforAll, the United Nations, working together in the G20 Energy Efficiency Leading Programme adopted under the Chinese G20 Presidency in 2016 and other relevant arrangements to further enhance energy productivity in Asia and the wider world economy.