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Press coverage: “Report Sees Vast Needs for Energy Capital,” New York Times (November 5, 2003)
Briefing on the
World Energy Investment Outlook
with Claude Mandil, Executive Director, International Energy Agency
November 13, 2003, 8:00 - 9:30a.m.
McGraw-Hill Company, James H. McGraw Hall, 50th floor
1221 Avenue of the Americas, New York, NY 10020
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The United States Council for International Business (USCIB) and the Business and Industry Advisory Committee to the OECD (BIAC) are pleased to invite you to “World Energy Investment Outlook,” a breakfast meeting with Claude Mandil, Executive Director of the International Energy Agency (IEA).
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Mr. Mandil will give the first North American presentation of IEA’s World Energy Investment Outlook Report, and discuss its findings and implications for business planning, particularly for energy and energy-intensive companies. The report examines global energy investment requirements up to 2030 and the challenges to be met to mobilize the necessary funding, meet predicted global energy demand growth and maintain supply security.
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The IEA’s World Energy Investment Outlook, due for release on November 4, is the first major attempt to take a detailed look at the global energy investment challenge over the next 30 years. International organizations such as the World Bank and OPEC have contributed data to the study, along with input from major energy companies and leading investment banks.
It will be essential reading for investment planners, policy makers and those concerned with the evolution of the global energy system and the long-term security of energy supplies in the years ahead.
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• IEA is an autonomous agency linked with OECD, and the energy forum of 26 industrialized countries, for joint measures to meet oil supply emergencies, sharing energy information, coordinating energy policies and cooperating in the development of rational energy programs.
• USCIB is a leading advocate of an open system of global commerce, with a membership of 300 leading U.S. companies and associations. As the American affiliate of BIAC and other international organizations, USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade.
• BIAC represents the major industry and employers’ organizations in the 30 member countries of the OECD, providing the OECD and its member governments with constructive comments based on the practical experience of the business community.
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