Global Fuel Economy Initiative announces objectives for next three years

3 May 2012

Copyright: GraphicObsession

The Global Fuel Economy Initiative (GFEI), of which the International Energy Agency (IEA) is a partner, has launched a new three-year campaign that aims to overcome the remaining challenges associated with improving the fuel economy of vehicles around the world.

These objectives, which range from completing in-county assessments of relevant policies in Chile, Ethiopia, Indonesia and Kenya by the end of 2012 to developing new outreach materials for governments and industry, were announced at the International Transport Forum in Leipzig, Germany on 2 May.

“The IEA forecasts that fuel demand and CO2 emissions in the transport sector around the world could double between 2010 and 2050, if strong measures are not taken to put matters on a different course,” the GFEI’s Plan of Action 2012-2015 states. “This is a highly unsustainable trend for both energy security and climate-related reasons.”

Lew Fulton, Head of the IEA’s Energy Technology Policy Division, noted that there are still very few non-OECD countries that have relevant fuel economy policies in place. “While some countries have made significant progress, in other places fuel economy is getting worse, so there is still much more work to do.”

The GFEI is a group of organisations united by a common goal of promoting greater fuel efficiency. Its ultimate aim is to halve carbon dioxide emissions by 2050 and achieve annual savings of six billion barrels of oil a year by this date.

The GFEI partnership is made up of the IEA, the United Nations Environment Programme (UNEP, the International Transport Forum, and the Fédération Internationale de l’Automobile (FIA) Foundation. As part of the GFEI’s efforts to continued improving fuel efficiency, it also announced at the Leipzig Forum that the International Council on Clean Transportation is the latest partner.

Key links:

Article on GFEI website on new Plan of Action

Global Fuel Economy Initiative Plan of Action 2012-2015