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energy efficiency in world market levels. One study is examining constituency.
Russian markets. This how sustainable energy
project provides the Harnessing the mutuality policies can mitigate ener- This innovative way of
opportunity for govern- of interests of both industry gy security risks and the working will provide for a
ment and energy industry and governments from role of financial markets on more profound exchange
experts to work on energy both importing and expor- energy security. of views than the usual
efficiency improvements in ting countries on efficiency annual Committee sessions
the Russian Federation and improvements for secure The second study is focus- can offer. It is also one of
Central Asian energy energy supplies is a stri- sed on perceptions of ener- the most promising ways to
exporting countries. king new development that gy security risk. I mentio- reconcile divergent views
fits exceptionally well ned earlier that the ECE in order to accomplish
At the same time, a global within the tradition of east- energy security dialogue common goals.
consensus among govern- west energy trade and brings together key experts
ments seems to be growing cooperation of the ECE. from governments, energy In the end, energy security
that energy efficiency is the industries, the financial and sustainable energy
most effective method of This is a good example of community and relevant development are problems
mitigating climate change. the correlation between international organisations. that cannot actually be sol-
This is because there is a energy security and sustai- ved. There is only the hope
vast potential for efficiency nable energy policies that But each of these four they can be better managed
improvements to reduce emerged so prominently groups perceives energy over the long term. This is
CO2 emissions which can during the 2007 session of security differently and can the opportunity that the
be implemented very the Committee on contribute to reducing risks ECE provides to all partici-
quickly, cheaply and Sustainable Energy. In in different ways. Therefore pants in its work.
reliably. November 2008, the this analysis will involve a
Committee
received consensus building Delphi
While energy efficiency reports on two studies sup- Study drawing on the views
can reduce carbon emis- ported of the European of experts from each part of
sions, it can also contribute Business Congress. the Committee on
to ensuring the energy Sustainable
Energy
security of the European
region. The strategic inter-
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use hydrocarbons as
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1 2009 Diva 19
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