Editing G8 (section)

=== Global energy ===
{{Main|International Partnership for Energy Efficiency Cooperation|Climate Investment Funds}}
[[File:G8 leaders confer together.jpg|thumb|upright=1.1|G8 leaders confer during the [[35th G8 summit|2009 summit]] in [[L'Aquila]] ([[Abruzzo]], Italy).]]

At the [[33rd G8 summit|Heiligendamm Summit]] in 2007, the G8 acknowledged a proposal from the EU for a worldwide initiative on [[efficient energy use]]. They agreed to explore, along with the [[International Energy Agency]], the most effective means to promote [[Efficient energy use|energy efficiency]] internationally. A year later, on 8 June 2008, the G8 along with China, India, South Korea and the [[European Community]] established the [[International Partnership for Energy Efficiency Cooperation]], at the Energy Ministerial meeting hosted by Japan holding 2008 G8 Presidency, in [[Aomori]].<ref>[http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/08/380&format=HTML&aged=0&language=EN&guiLanguage=e The International Partnership for Energy Efficiency Cooperation (IPEEC).] 8 June 2008.</ref>

G8 Finance Ministers, whilst in preparation for the [[34th G8 summit|34th Summit of the G8 Heads of State and Government]] in [[Toyako, Hokkaido]], met on the 13 and 14 June 2008, in [[Osaka, Japan]]. They agreed to the "G8 Action Plan for Climate Change to Enhance the Engagement of Private and Public Financial Institutions". In closing, Ministers supported the launch of new [[Climate Investment Funds]] (CIFs) by the [[World Bank]], which will help existing efforts until a new framework under the [[UNFCCC]] is implemented after 2012. The UNFCCC is not on track to meeting any of its stated goals.<ref>{{cite news |title=G8 Finance Ministers Support Climate Investment Funds |url=http://climate-l.iisd.org/news/g8-finance-ministers-support-climate-investment-funds/ |newspaper=IISD – Climate Change Policy & Practice |date=14 June 2008 |access-date=3 March 2013 |archive-date=23 March 2013 |archive-url=https://web.archive.org/web/20130323174704/http://climate-l.iisd.org/news/g8-finance-ministers-support-climate-investment-funds/ |url-status=dead}}</ref>

In July 2005, the G8 Summit endorsed the [[International Partnership for Hydrogen and Fuel Cells in the Economy|IPHE]] in its Plan of Action on Climate Change, Clean Energy and Sustainable Development, and identified it as a medium of cooperation and collaboration to develop clean energy technologies.