Energy Charter Secretary General Dr Urban Rusnák presented on the historic evolution and expansion of the Energy Charter Process. He articulated how the Energy Charter Treaty can provide solutions for the future global energy transition by providing protection for new investments worldwide. If the world is to adhere to the Pairs Agreement, the bulk of financing must come from private investors, and the Treaty is designed specifically to encourage investment in countries that would otherwise be unable to attract the amount needed to reach the targets put forth in the Paris Agreement.
Later in the day, the Secretary General visited the German Ministry of Economic Affairs and Energy to consult about the current affairs and the progress on the Modernization.
See Dr Rusnák’s presentation here