G7 Energy Ministers Issue Statement

G7 Energy Ministers Issue Statement

The statement highlighted the need to address energy security challenges, noting: “Energy should not be used as a means of political coercion nor [sic] as a threat to security. Energy disputes should be solved through dialogue based on reciprocity, transparency, and continued cooperation. We are extremely concerned by the energy security implications of developments in Ukraine, as a consequence of Russia’s violation of Ukraine’s sovereignty and territorial integrity…We remain united in our determination to provide various types of assistance that Ukraine needs to strengthen its energy security.”

Following the meeting UK Department of Energy and Climate Change (DECC) Secretary Edward Davey said the G7 has started a process of disarmament to prevent energy being used as a weapon in the future.

Davey reports, “We agree that we need a more energy secure future, meaning that no single state or supplier can use such tactics. We have agreed to do what’s needed to achieve a systematic, enduring step change to improve energy security – not just for the nations in the G7, but for our friends and allies, with a particular focus on Ukraine and its Eastern European neighbours who are most at risk from the use of these tactics by Russia.”

Davey adds: “The principles that will guide our work over the months and years ahead are diversified energy supplies, more homegrown energy…reducing our energy needs through energy efficiency, and the powerful role clean energy technologies have to play. We recognise that our goals on energy security and climate security are strongly linked. Investing in homegrown clean energy and energy efficiency across our economies is fundamental to greater energy security, just as it is to fighting climate change.”

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