Korea
has officially launched the global working group for the Carbon-Free Energy
(CFE) Initiative, a project the country is leading in global discussions on
carbon-free energy. The group was inaugurated on October 3, and Korea will also
assume the chairmanship of the Clean Energy Ministerial (CEM) in 2024.
During
the CEM and G20 Energy Ministers' Meeting held in Brazil from October 1 to 4,
Korea's Ministry of Trade, Industry, and Energy underscored the necessity of
utilizing various forms of carbon-free energy. At the CEM, the ministry
announced the establishment of the CFE global working group and held an
inaugural meeting. The working group, which aims to discuss standards and strategies
for implementing carbon-free energy solutions, currently includes five
countries and international organizations: Korea, Japan, the United Arab
Emirates, the Czech Republic, and the International Energy Agency (IEA). More
nations are expected to join the initiative in the near future.
Minister
Ahn, in a video address at the inaugural meeting, highlighted the progress made
in building a global consensus on the importance of carbon-free energy.
"We have fostered a strong understanding with various countries on the
need to utilize carbon-free energy, and we will build on this momentum to drive
more concrete discussions through this newly formed global working group,"
Ahn said. Jean-François Gagné, Director of the CEM Secretariat also stated,
"We fully support the need to harness all available carbon-free energy
sources and anticipate the CFE Initiative will play a critical role in the
international community."
The
CFE Initiative was first proposed by President Yoon Suk Yeol during the UN
General Assembly in September 2023, and it has since garnered support from 10
countries and international organizations. The principle of technology-neutral
use of all carbon-free energy sources has been reaffirmed in key international
documents, including the decision text of the upcoming 28th UN Climate Change
Conference of the Parties (COP28) in December 2023 and the joint declaration of
the IEA Ministerial Meeting in February 2024. With Korea set to chair next
year’s 16th CEM, the initiative is expected to gain even more global momentum.
In
parallel with the CEM, the G20 Energy Ministers' Meeting on October 4 also saw
robust discussions on several key energy topics. These included the expansion
of sustainable fuels such as biofuels and hydrogen, the promotion of a fair
energy transition, and support for energy planning in emerging and developing
countries. The participants expressed a shared understanding of the need to
enhance the flexibility and stability of energy systems tailored to each
country's specific needs to facilitate the growth of renewable energy. They
also reaffirmed the role of nuclear energy in achieving sustainable clean
energy goals, reducing greenhouse gas emissions, and enhancing energy security.