GEIDCO Signs Five Agreements to Facilitate GEI in Asia, Africa and Belt and Road Nations

Global Energy Interconnection Development and Cooperation Organization (GEIDCO), signed cooperation agreements on Global Energy Interconnection (GEI) with five international organizations on May 13, 2017 in Beijing against the backdrop of the Belt and Road Forum for International Cooperation.

Based on the agreements GEIDCO would deepen pragmatic cooperation with United Nations Department of Economic and Social Affairs (UNDESA), United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), African Union (AU), the League of Arab States(LAS), and the Gulf Cooperation Council Interconnection Authority (GCCIA) in the aspects ofpower grid interconnection planning, fundamental research, policy coordination, project implementation and information sharing in order to promote GEI and theBelt and Road Initiative development.

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Mr. Tan Jian, Deputy Director of the Department of International Economic Affairs of Chinese Ministry of Foreign Affairs, Mr, Liu Zhenya, Chairman of GEIDCO and China Electricity Council, and Mr. Wu Hongbo, UN Under-Secretary-General delivered speeches on the signing ceremony. Mr. Liu Zhenya, Mr. Wu Hongbo, and Dr. Shamshad Akhtar, UN Under-Secretary-General and UNESCAP Executive Secretary, Mr. Thomas Kwesi Quartey, AU Deputy Chairman, Mr. Hassan Ali, LAS Deputy Secretary-General and Mr. Moath Mohamed Yusuf Mohamed Alshaikh, GCCIA Chief Business Support Officer & Deputy CEO, signed the agreements. Representatives fromChina’s National Development and Reform Commission and National Energy Administration, Mr. Cao Zhi’an, General Manager of China Southern Power Grid and Mr. Wang Min, Executive Vice President of State Grid Cooperation of China also attended the ceremony.

Mr. Liu Zhenya pointed out that GEI,thus the world’s energy community featuring greenness, low carbon, interconnectivity, co-construction and sharing, is of great significance to develop the“Belt and Road” Initiative, build the community of shared destiny for all mankind, and realize the goal of Sustainable Energy for All. The agreements would facilitate GEI’s implementation in Asia, Africa and the Belt and Road nations for Energy, Information and Transportation Integration (EITI), and economic, social and environmental sustainable development to make the world a peaceful and harmonious global village with sufficient energy, smooth information flow, well-developed transportation, green lands and blue skies. GEIDCO has seen these agreements as an opportunity towork togetherwith all partners on GEI, to make contribution to the Belt and Road Initiative, and to create a better future for all the mankind based on the principles of mutual benefits, mutual trust, common development, joint discussion, co-construction, sharing and win-win.

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Mr. Wu Hongbo took the agreement between UNDESA and GEIDCOasa critical framework for two organizations’ cooperation on the follow-up and review of the 2030 Agenda and its 17 Sustainable Development Goals (SDGs). He was convinced that GEIDCO’s unique and unmatched strength in global energy interconnection, together with close collaboration between two organizations offer great prospects for cleaning energy development, infrastructure expansion, climate change mitigation, ecological environment protection so as to accelerate world’s energy transition and achieve the SDGs by 2030 or earlier.

Dr. Shamshad Akhtar recognizedChina’s long-time commitment to clean low-carbon energy developmentfor energy sustainability, and expressed the willingness to through the Belt and Road platform deepen the cooperation between UNESCAP and Chinese organizations on climate mitigation, energy conservation and emission reduction as well as green energy development to promote energy sustainability. She believed that this agreement would be an opportunity for UNESCAP and GEIDCO to jointly promote regional energy interconnection.

Mr. Tan Jian said that GEI, with power grid interconnectivity as the core, is essentially the energy infrastructure that connects all the countries and promotes energy collaboration. He expected all signing parties would give full play to their strengths and make joint efforts to develop GEI, to make more achievements that benefit the people around the world, and to make contribution to international cooperation on the Belt and Road Initiative.

The signed agreements are expected to guide GEIDCO to work together with UNDESA on energy policy, economy, technology, research and aid projects; to cooperate with UNESCAP on formulating roadmap to connect power grids in Asia and Pacific areas; to collaborate with AU to promote African power grid interconnection for the energy sustainable development in Africa and the world; to partner with LAS on transnational power trade and interconnectivity infrastructure construction; and to conduct cooperation with GCCIA on Gulf Area’s renewable energy development and power grid interconnection research. By far GEIDCO has already embarked upon substantial work with relevant partners.