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I am pleased to present the G8 Energy Ministers Meeting which is hosted by the Ministry of Economic Development in the framework of Italy's presidency of the G8.
The Energy Ministers Meeting aims to define and reach consensus on energy policies that can help overcome the current economic and financial crisis while coping with the challenges ahead of us. The conclusions of the Meeting will be brought before the Summit of Heads of State and Government Leaders scheduled in L'Aquila in July 2009.
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We must grant energy security, combat global climate change caused by greenhouse gas emissions coming mainly from the energy sector, promote the competitiveness of our economies and ensure access to energy sources and electricity to all those on the planet who are still living in conditions of absolute poverty.
The Energy Ministers Meeting will see the participation of the G8 member countries and of the major economies of the world such as China, India, South Africa, Brazil, Mexico, Egypt, Korea and Saudi Arabia. The discussion on energy investments and energy poverty will be joined by Australia, Indonesia, Turkey, Algeria, Libya, Nigeria and Rwanda.
The task facing Ministers is to define the rules and principles for a new world energy leadership, provide fresh impetus for investment, establish new forms of partnership for the development of low-carbon and efficient energy systems, and launch an action plan to reduce energy poverty in Africa.
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Hon Claudio Scajola
Minister of Economic Development
of Italy
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