President Macri: Energy is central to the G20 priority of sustainable development

The President of Argentina highlighted the importance of renewable energy and energy efficiency, central themes of the G20 Energy Transitions Working Group, which holds its first meeting tomorrow.

Argentine President Mauricio Macri gave the welcome address at the Energy Efficiency & Renewables Forum today, an event associated with the G20 Energy Transitions Working Group, which begins tomorrow.

“Energy transitions, one of the major challenges affecting the entire world, brings us together today,” said the President, as he opened the event in the CCK in Buenos Aires. “Sustainable development is one of the priorities in the G20 agenda, and energy has a central role as a fundamental condition for growth,” he stated, adding that the government in 2017 alone had awarded 147 renewable energy projects in 18 provinces, and highlighting its projections that the country will produce 20% of its energy from renewables by 2025.

Minutes earlier, Minister of Energy & Mining Juan José Aranguren opened the forum and underlined the role of sustainable development at the G20. “We find ourselves in a transition toward cleaner energy grids, a transition that is different for each country. We all recognize that renewable energy and energy efficiency, with their policies and programmes, are at the heart of a cleaner energy matrix,” said Aranguren, who thanked the work of previous G20 presidencies under Germany and China’s leadership.

After Aranguren and Macri’s remarks came statements from international speakers. Ursula Borak, Deputy Director General at the Federal Ministry for Economic Affairs & Energy of Germany, which held the G20 presidency in 2017, expressed willingness to work together. “We welcome that Argentina has assumed the responsibility of the G20, which has proven an ever more important space for multilateral collaboration in recent years,” she said. Kazushige Tanaka, Director at the Ministry of Economy, Trade, & Industry of Japan, stated: “Today’s forum is very promising and exciting because of the topics we are dealing with: energy efficiency and renewable energies.”

With international experts and representatives from global organizations, the forum will continue until 5.00 pm today, when Minister Aranguren and Minister of the Environment & Sustainable Development, Sergio Bergman, will offer closing remarks.

The first meeting of the Energy Transitions Working Group will begin at 9.00 am tomorrow. Energy transitions is one of the 11 work streams of the G20, attended by delegates from member countries and international organizations.

The priority of the working group is the transition toward cleaner, more flexible and transparent energy systems. It will promote the strengthening of energy efficiency and renewables, energy access, reducing inefficient fossil fuel subsidies, energy data transparency and market digitalization.

 

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About the G20

The G20 started out in 1999 as a meeting of finance ministers and central bank governors. In 2008, amidst the global financial crisis, it evolved into what it is today: a major forum that seeks to develop global policies to address today’s most pressing issues. The G20 summits are attended by the heads of state and government of 19 of the world’s leading economies and the EU. Together, the G20 members represent 85% of global GDP, two-thirds of the world’s population and 75% of international trade.