Global Fuel Economy Initiative Launches Three Year Global Fuel Efficiency Campaign

GFEI3 May 2012: The Global Fuel Economy Initiative (GFEI) has launched a three-year campaign as part of an effort to improve vehicle fuel economy around the world. The GFEI's 2012-15 objectives include include, inter alia: supporting countries on fuel economy policies, raising awareness on fuel economies, and using data to assist countries policies to address fuel economy.

The new GFEI campaign also includes specific targets as a roadmap for the 2012-2015 objectives, including a target to complete four in-country policy toolkit engagements in Chile, Ethiopia, Kenya and Indonesia. In addition, the GFEI campaign also includes targets to work with the International Council on Clean Transportation (ICCT) to publish its technology and cost assessment of achieving greenhouse gas emissions reductions targets for the European market in 2020 and a target to investigate the development of a "feebate" tool for calculating oil savings and carbon dioxide reductions.

The new GFEI three-year campaign was announced at the International Transport Forum's annual summit in Leipzig, Germany. The GFEI exists to promote debate and discussion around the issue of fuel economy. The International Energy Agency (IEA) and the United Nations Environment Programme (UNEP) are partners of the GFEI. [GFEI Press Release] [IEA Press Release] [Publication: Global Fuel Economy Initiative: Plan of Action 2012-2015] [Global Fuel Economy Initiative Website]