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Visit the full ENB+ web coverage for Thursday, 2 June
MIM resumed in the afternoon of 2 June 2016, and covered MI Ministers’ announcements on government funding for clean energy innovation, organizational decisions on MI, and new collaborative research and analysis. Maros Šefčovič, EU, announced an increase in the EU’s investment in clean energy to more than US$10.2 billion from 2014-2020. He said the EU is working on mainstreaming budgetary allocations from other sectors towards climate change, to a total of US$27 billion in clean energy investment. Tord Lien, Norway, reported on progress made in baselines and doubling plans, noting that all 20 MI countries and the EU have declared plans to double their contributions from a baseline of US$15 billion by 2021.
Harsh Vardhan, India, reiterated the collective desire of nations to work together to provide affordable and reliable clean energy for all, which he said had resulted in the establishment of the MI Enabling Framework. He said the Joint Research and Capacity Building subgroup made specific recommendations, including leveraging the MI platform to facilitate partnerships, capacity building, collaboration and research. He expressed his hopes for replicating the success of India’s LED programme in the cooling area before CEM8. Reporting on the Business and Investor Engagement subgroup, Pedro Joaquín Coldwell, Mexico, highlighted the group’s main aims, which include: exchanging information and building relationships; improving mutual understanding of perspectives and priorities regarding clean energy innovation needs and opportunities; attracting and encouraging investment in emerging technologies to expand and and enhancing the innovation pipeline. James Carr, Canada, highlighted the work of the Innovation Analysis and Roadmapping subgroup, saying it has three key deliverables: establishing an online library; compiling a meta-analysis report using the data collected in the library; and a one-year work programme for the subgroup. Secretary Moniz encouraged further sharing of innovative approaches for cooperation with R&D stakeholders, the private sector and others so that clean technology development and deployment can be further accelerated.
During a special address, Nancy Pelosi, Democratic Leader of the US House of Representatives, noted the US commitment to delivering on the promises made during the MIM, including doubling R&D investment over the next five years. Moniz summarized key discussions of the day and thanked partners, sponsors and high level guests for their support. He reiterated the importance of linking government and private sector in accelerating clean energy innovation, and closed the meeting at 6:00 pm.
Visit the full ENB+ web coverage for Thursday, 2 June
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