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Edited by Mary Rose de Valladares M.R.S. Enterprises, LLC ...

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� Clean fossil fuels<br />

� Carbon capture and storage<br />

� Renewable energy<br />

� Enhanced international<br />

co­operation<br />

The G8 nations also asked the<br />

World Bank to contribute to this initiative<br />

in the following ways:<br />

1) helping to build a consensus<br />

among OECD countries and<br />

<strong>de</strong>veloping countries on the<br />

policies, instruments and<br />

strategy for long­term climate<br />

management (mitigation and<br />

adaptation) in the Framework of<br />

the UN Climate Convention<br />

2) <strong>de</strong>veloping an investment<br />

framework<br />

assistance (for low carbon<br />

climate and resilient economic<br />

<strong>de</strong>velopment)<br />

The G8’s intent is to broker a part­<br />

nership between the IEA and the World<br />

Bank, combining the IEA’s capabilities<br />

in policy, techno­economic analysis and<br />

technology <strong>de</strong>velopment with the Bank’s<br />

The IEA Governing Board agreed<br />

at its September meeting to support the<br />

G8 initiative <strong>by</strong> advising on alternative<br />

energy scenarios and strategies aimed<br />

at a “clean, clever and competitive<br />

energy future.” In October the Commit­<br />

tee on Energy Research and Technol­<br />

ogy (CERT) approved the IEA G8 Work<br />

Plan. The IEA then exten<strong>de</strong>d a call for<br />

action to all implementing agreements<br />

interested in this G8 initiative. The HIA<br />

respon<strong>de</strong>d positively to the call, offering<br />

to contribute its analytic and outreach<br />

capabilities.<br />

As the G8 initiated partnership be­<br />

tween the IEA and World Bank evolves,<br />

the HIA is prepared to support this<br />

vaulable new venture.<br />

2005 was a year of important transi­<br />

tions for the HIA. It was also a period in<br />

which great outsi<strong>de</strong> interest converged<br />

on the implementing agreement, partly<br />

due to our activities and partly due to the<br />

dynamic condition of the greater energy<br />

sector.<br />

The convergence of interest in<br />

hydrogen and the greater energy sector<br />

change. With its technical expertise<br />

and lea<strong>de</strong>rship position in hydrogen<br />

R&D, the HIA expects to play a key part<br />

in the future transition to the hydrogen<br />

economy.<br />

ix<br />

“The G8’s intent<br />

is to broker a<br />

partnership<br />

between the IEA and<br />

the World Bank...<br />

as the G8 initiated<br />

partnership between<br />

the IEA and World<br />

Bank evolves, the<br />

HIA is prepared to<br />

support this vaulable<br />

new venture.”<br />

“The HIA expects<br />

to play a key<br />

part in the future<br />

transition to the<br />

hydrogen economy.”

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