none

AUSTRALIA WILL COMMIT THOUSANDS TO IEA CHINA CENTRE

10-02-2016
by 
in 

On Tuesday the Hon Julie Bishop, and the Minister for Resources, Energy and Northern Australia, the Hon Josh Frydenberg MP, announced in a press release, that there will be funding for the International Energy Agency (IEA) China Centre,

Bishop, the minister for Foreign Affairs has said that the $260,000 in funding would help create closer connections with China and the IEA.

This decisions has come after the visit of Executive Director of the IEA, Dr Fatih Birol in Canberra earlier.

The IEA is a leading energy policy authority with 29 member countries and Australia has been a member since 1979. 

“Effective global energy governance requires closer engagement between the IEA and economies in our region” Minister Bishop said.

“Today’s announcement will support China’s engagement and participation in IEA activities.” She continued.

Minister Frydenberg has praised the commitment ad the establishment of the IEA by saying,

“The IEA China Centre will strengthen the relationship between China, the world’s largest energy user, and the IEA on energy markets, research and technology development.”

“Australia’s funding represents an important investment and show of faith of the greater role that our region will have in global energy markets and the requirement for closer engagement with the IEA,” he continued.

“Member country contributions such as Australia’s are voluntary and therefore crucial in the Centre’s establishment and operation,” Minister Frydenberg said.

With China having extensive energy research institutes, associated with a variety of ministries, businesses and universities, the announcement will provide access to analysis on China’s energy issues, the press release said. 

Related news & editorials

  1. 14.11.2018
    14.11.2018
    by      In
    Although Australia’s small and medium-sized businesses generate employment, drive innovation and boost competition, it has always been difficult for them to get credit finance from banks, especially in the past few months, due to the royal commission into financial services, stricter loan... Read More
  2. 01.11.2018
    01.11.2018
    by      In
    The growth of the manufacturing sector continued through October 2018, with the Ai Group’s Performance of Manufacturing Index holding firm at 58.3, just a tick below September’s rating of 59. The 25th consecutive month of PMI ratings above 50 (indicating growth) comes with further encouraging... Read More
  3. 22.10.2018
    22.10.2018
    by      In
    St.George Banking Group, UNSW Sydney and the Advanced Manufacturing Growth Centre (AMGC) are teaming up to advance Australian research and accelerate the introduction and commercialisation of new manufacturing technologies.
    The alliance brings together three different strands of the national... Read More
  4. 09.10.2018
    09.10.2018
    by      In
    Integrated Office Solutions has an intriguing proposition for any company (manufacturing or otherwise) that is experiencing difficulties recruiting and retaining staff in roles that are not location dependant. Why not outsource the roles or set up a team in a country where skills are plentiful and... Read More