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G20 

The leaders of the G20 - which includes the G8 - met in Pittsburgh, Pennsylvania (USA) on 24-25 September 2009. Their Leaders’ Declaration included several references to the IEA ("Energy Security and Climate Change" section). The G20 has tasked the IEA, working with other organisations, to continue its work on fossil fuel subsidies and to report to the next G20 summit. The declaration also asks the IEA (and OPEC) to ramp up efforts to assist with the improvement of domestic capabilities to collect energy data and improve energy demand and supply forecasting.

Following on from G20 Pittsburg Summit, G20 Finance Ministers and Central Bank Governors met in St. Andrews, Scotland, on 7 November 2009. In paragraph 5 of their communiqué, Ministers call on the IEA, OPEC, OECD and World Bank to produce a joint report for our next meeting on energy subsidies, and working with our Energy Ministers, we will prepare at that meeting implementation strategies and timeframes, based on our national circumstances, for rationalising and phasing out inefficient fossil fuel subsidies that encourage wasteful consumption, and for providing targeted assistance programmes.