Energy Forum Event Highlights Importance Of Sustainable Energy

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Participating at the Vienna Forum is always an exciting event. KONsys is very proud to participate each time and gather valuable information involving future energy trends and direction of policies.

The event brought together participants from about 60 countries, including 24 ministers, as well as high-level dignitaries and senior representatives of international and nongovernmental organizations, academia, civil society and the private sector.

Many high-level panel discussions and parallel sessions took place, discussing a range of issues, including energy efficiency, public-private partnerships, sustainable transport and innovative financing mechanisms for sustainable energy.

Participants at the recent Vienna Energy Forum (VEF) 2015 agreed that sustainable energy is essential for both inclusive development and tackling climate change, the United Nations Industrial Development Organization (UNIDO) website reports.

The three-day international event saw more than 1,000 experts, professionals and government officials come together to discuss the development and climate agendas for the coming year, as well as best practices that have proved effective so far.

With the Sustainable Development Goals (SGDs) Summit and the UNFCCC Conference of the Parties (COP 21) still due to take place in New York and Paris later this year, the event came at a key moment and hoped to highlight the advantages of both agendas.

During the event's official opening, Ll Yong - director general of UNIDO - told delegates that, "Energy systems can be overhauled to support a sustainable future; they need to be affordable, reliable and environmentally sound.

"To make economic growth and development more inclusive and sustainable, we must rapidly reform our industrial processes towards sustainability," he added.

Yong continued to explain that sustainability means promoting energy efficiency as much as possible, as well as reducing our carbon usage and making better use of renewable energy sources.

Also commenting on the importance of sustainable energy was Michael Linhart, secretary general of the Austrian Federal Ministry of Europe, Integration and Foreign Affairs (BMEIA). He noted that energy was the "central nervous system of the world economy," and as such should be the focus of all sustainable development goals.

In order to ensure that sustainable energy makes a real difference to inclusive development, Linhart believes it's crucial that business throughout the world work on becoming more energy efficient by "developing successful business models and smart policies."

Meanwhile, Martin Ledolter - managing director of the Austrian Development Agency (ADA) - rallied participants by saying that now was the time to "transform the world's energy systems," uniting in a fresh, consistent approach to drive development and fight climate change simultaneously.

"We can change the game by mobilizing multiple players [...] to work together in new partnerships and leverage the necessary large-scale investment," he stated.

As well as the main organisers, other key partners at the Vienna Energy Forum 2015 were the German and Polish governments, as well as the OPEC Fund for International Development (OFID), the Global Environment Facility (GEF), and the Renewable Energy and Energy Efficiency Partnership (REEEP).

 Vienna Energy Forum 2015

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