IEA Energy Business Council meets in Paris
8 April 2016
More than 50 senior executives representing a wide range of energy, manufacturing and financial companies and institutions convened on 8 April in Paris for a meeting of the IEA Energy Business Council. Participants came from more than 25 countries, including not only IEA member countries but also IEA Accession, Association and key partner countries including China, India, Brazil, Indonesia, Chile and Mexico.
In opening the event, IEA Executive Director Fatih Birol highlighted the critical importance of engaging with industry. “We want to take the EBC to the next level, and open doors to new avenues of co-operation and collaboration. The expertise and practical know-how of these companies is critical to the IEA as we seek to provide policy advice to our member countries and beyond,” said Dr Birol. He also noted that the IEA was dedicated to not only learning from members of the EBC, but also finding a way for each company to benefit from this relationship.
The meeting was co-chaired by Dr. Birol and IEA Deputy Executive Director Paul Simons, and attended by IEA senior management. Participants discussed key pressing energy issues, including:
- Energy market developments
- The outlook for the global economy
- Impact of the Paris Climate Agreement on the global energy sector
- Modernisation of the IEA
EBC members were also briefed on key forthcoming IEA publications, including the World Energy Outlook 2016, and the first annual IEA Global Energy Investment Report.
This meeting of the EBC was attended by representatives from the following companies:
The IEA Energy Business Council (EBC) brings together some of the world’s largest companies involved in energy exploration, production and consumption, ranging from oil, natural gas and coal companies to automobile and appliance manufacturers, wind and solar producers and financial institutions. The aim of EBC is to promote dialogue among the IEA, business community and policy makers across a broad range of cross-cutting issues with important implications for the global energy system. It is the overarching body through which the IEA interacts with the energy business community.