The G7 leaders are for low-carbon future

Based on the conclusions of the G7 energy ministers meeting in May, the leaders of the group in the resolution adopted in Brussels in early June promised to build "more competitive, diversified, flexible and low-carbon energy system" in their own countries.

For the first time in 17 years the G7 summit was not in the G8 format - without Russia - because of the situation in Eastern Ukraine. The meeting participants - the UK, Germany, Italy, Canada, the USA, France and Japan discussed not only foreign policy, economy and trade. Energy security became the key issue. This problem is particularly sensitive for the European Union, which received almost a third of oil and gas from Russia.

The June meeting of the Big Seven leaders resulted in a declaration, which lists the principles that should be the basis for energy security policy:

  • Development of flexible, transparent and competitive energy markets, including natural gas markets.
  • Diversification of energy sources and routes.
  • Encouraging local energy sources.
  • Reducing greenhouse gas emissions and accelerating transition to low carbon economy - the key contribution to sustainable energy security.
  • Improving energy efficiency and promoting clean and sustainable energy technologies.
  • Creating a system for responding to emergencies, including creation of reserves.

Revitalization of the work with international organizations such as the International Energy Agency, the International Agency for Renewable Energy, as well as with international financial institutions.

Technical assistance and support to exchanges between countries seeking to develop local hydrocarbon resources and renewable energy sources, as well as to achieve energy efficiency.

The G7 leaders said: "We ask our energy ministers to work to promote energy initiative "Rome: G7-energy "and report back to us on the results in 2015."

Representatives of environmental organizations have repeatedly voiced in their position the issues corresponding to the above priorities. They hope that the situation with the absence of Russia in the list of countries that have signed the resolution does not become a barrier to implementation of advanced energy strategies, which are very useful and beneficial for Russia.