• Ministers to debate on upcoming energy challenges the world is facing

The third World Future Energy Summit is gaining momentum as world leaders, policy makers, industry experts, thinkers, investors and researchers from over 100 countries will meet next January in Abu Dhabi, where they will collectively identify real solutions to today’s climate change and energy challenges.

Government Ministers from North America, Europe, Asia, Middle East, and Africa will lead the first plenary session of the upcoming Summit, where they will discuss the actions necessary to balance demands the world is facing between an economic and social need to boost energy infrastructure to fuel economic growth and environmental imperatives that must be met to ensure sustainability.

Participants at the plenary forum 1 at the Ministers roundtable discussion are The Honourable Ed Stelmach, Premier of Alberta, Canada, H.E. Mohamed bin Dha’en Al Hamili, UAE Minister of Energy; H.E. Dr Farooq Abdullah, Minister of New and Renewable Energy, India; H.E. Hany Sherry Ayittey, Minister of Environment, Science and Technology, Ghana; H.E. Federal Counsellor Moritz Leuenberger, Minister of Energy, Environment and Communication in Switzerland; H.E. Maria van der Hoeven, Minister of Economic Affairs, The Netherlands; H.E. Mauri Pekkarinen, Minister of Economic Affairs, Finland; H.E. Jesca Eriyo, Minister of State for the Environment, Uganda; H.E. Ola Alterå, Secretary of State for Energy, Sweden; H.E. Tadahiro Matsushita, Senior Vice Minister of Economy, Trade and Industry, Japan; H.E. Kim Young Hak, Vice Minister for Trade and Energy, South Korea and Hélène Pelosse, Director General of IRENA.

Ensuring a sustainable energy supply is an issue that is becoming more critical by the day.  The International Energy Agency (IEA) predicts that 70% of the increased energy demand to 2030 will come from developing countries.  The other 30% of this growth will be from developed economies, which will continue to witness growing demand as they get wealthier, and as their population expands with increasing migration from the developing world.

The growth rates of developing countries’ emissions currently outstrip the rates of the developed world. Nevertheless, developing countries claim they bear less historical responsibility for the emissions already in the atmosphere, and that their emissions per capita are far less than that of the developed world.  This ongoing debate will be brought to WFES’ Energy Ministers roundtable.

Global energy demand is expected to soar 44 percent over the next two decades with most of the demand coming from developing countries such as China and Russia, according to the forecast released earlier in 2009 by the U.S. government’s top energy forecasting agency the Energy Information Administration.  The majority of this expected increase in demand will take place in developing countries, where growth in occurring most rapidly and a transition to higher standards of living is taking place.

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About WFES:

The 3rd edition of the World Future Energy Summit will be held from 18-21 January 2010, hosted by MASDAR, at the Abu Dhabi National Exhibition Centre under the patronage of HH General Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces

World Leaders, Policy Makers, Experts and Investors from 100 countries will meet in Abu Dhabi to identify real solutions for today’s climate change and energy challenges. Over 600 exhibitors from 50 countries will be exhibiting at the World Future Energy and Environment Exhibitions on a total space of 40,000sqm offering an unrivalled business and networking opportunities to over 20,000 attendees expected to visit the summit and the exhibition.

Deutsche Bank Climate Change Advisors is the principal sponsor of WFES 2010. Emirates Aluminium is Associate Sponsor, and Platinum Sponsors include BP Alternative Energy, Standard Chartered, Abu Dhabi Water and Electricity Authority, Exxon Mobile, ABB, Oxy and the Abu Dhabi Department of Municipality Affairs.

For more information on the programme or to register, visit www.worldfutureenergysummit.com

About DBCCA:

DB Climate Change Advisors group (DBCCA) is the institutional and alternatives investment management business of Deutsche Asset Management, managing assets of institutional investors and high net worth individuals. DeAM is one of the leading climate change investors in the world, with approximately $4 billion under management as of March 2009.  With a world-class in-house research team focusing on this theme, DeAM is an investment industry thought-leader on a broad range of climate change dynamics.

In June 2009, DBCCA launched the world’s first scientifically valid, real-time carbon counter, a nearly 70-foot-tall digital billboard displaying the running total of long-lived greenhouse gases in the atmosphere in New York.  The Carbon Counter Number is available 24 hours a day at http://www.know-the-number.com and updates are available at ttp://twitter.com/knowthenumber.