| Press Release EN/242 |
JOINT OIL-DATA TRANSPARENCY INITIATIVE: CONCRETE MANIFESTATION
OF PRODUCER-CONSUMER DIALOGUE
(Reissued as received.)
NEW YORK, 25 April (DESA) -- The late 1990s saw extremely volatile oil markets, which some observers ascribed partly to inadequate and opaque statistics. The criticism, whether justified or not, has inspired a new look at the availability and reliability of oil data.
The Committee on Energy and Natural Resources for Development decided to draw the attention of the Economic and Social Council to the fact that rural water supply and rural sanitation remained a subject of major concern, by the terms of a draft decision approved this morning as the 24-member expert body concluded its second session.
Despite continued growth in world energy consumption, the developing countries had experienced a 2.3 per cent decline over the past year, the Committee on Energy and Natural Resources heard this morning as it began its second session.
The Committee on Energy and Natural Resources for Development will review salient trends and issues in energy development and use for sustainable development during its second session at Headquarters, which will be held from 14 to 25 August.
Every energy option challenged policy makers with economic and social trade-offs, JoAnne DiSano, Director, Division for Sustainable Development told the Committee on Energy and Natural Resources this morning as it began its first session.
