International Partnership for Energy Efficiency Cooperation
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The energy ministers from the Group of Eight (G8) industrialized countries and from China, India, and South Korea have agreed to establish the International Partnership for Energy Efficiency Cooperation (IPEEC). The IPEEC will enhance global co-operation in the field of energy efficiency. Improving energy saving and energy efficiency is one of the quickest, greenest, and most cost-effective ways to address energy security, climate change, and ensure economic growth.
The partnership will support the on-going energy efficiency work of the participating countries and relevant international organizations. The IPEEC members will also develop public-private partnerships for improving energy efficiency. The energy ministers plan to hold the first IPEEC meeting before the end of 2008.
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