German Association of the Club of Rome and Munich Re to host a strategy meeting on July 13, 2009
Munich RE and the German Association of the Club of Rome have jointly invited interested investors, operators and companies from the financial sector in order to start an industrial initiative to set up a roadmap for the implementation of the DESERTEC concept, a power generation project for solar thermal power from the African deserts for Europe.
DESERTEC was initiated by the German Association of the Club of Rome together with scientists associated with the Club of Rome.
"The Club of Rome welcomes that this visionary and innovative clean and renewable energy concept is now being picked up by finance and industry", says Dr. Eberhard von Koerber, Co-President of the Club of Rome; "We hope that in particular political questions related to the reliability of supply from African countries and issues related to transmission lines to be built in a number of transit countries to transmit large volumes of electricity to consumers north of the Alps can be resolved. The Club of Rome regards DESERTEC as a potential driver for Trans-European Networks (TENs) and for the Mediterranean Initiative as recently started by the European Union. It could also be a long-term breakthrough for major CO2 reduction in Europe and North Africa."
Max Schön, President of the German Club of Rome and member of the Advisory Board of the DESERTEC Foundation underlines: "DESERTEC is a concept developed by scientists, politicians and economists around the Mediterranean Sea (EUMENA). It has the potential to slow down or even to stop climate change and to make a big contribution to bring back balance to our world."