Mumbai: The Scientific Forum of International Atomic Energy Agency (IAEA) has said there is an urgent need for a global energy agency to establish interlinked challenges of energy, economic development and climate change.
The Forum, chaired by Bhabha Atomic Research Centre
Director Sreekumar Banerjee in Vienna, yesterday said energy
was important for development and efforts to tackle energy
poverty are hampered by the lack of a global energy
Discussing the need to establish a global energy agency,
proposed by the IAEA Director General, Mohamed ElBaradei, on
an urgent basis, the Scientific Forum said such an
organisation was essential, to focus solely on finding
sustainable solutions for the densely, interlinked network of
challenges surrounding energy poverty, economic development
and climate change, an IAEA release here said.
The proposed institution could foster energy planning,
technology transfer, research on technologies to serve the
energy needs of the poor, energy technological cooperation and
development, monitor policy and program implementation.
Besides it could negotiate internationally binding legal
agreements to ensure stable, environmentally sustainable and
universally accessible, modern energy services, said the
two-day Forum held at the General Conference of IAEA.