Energy Charter Treaty

34 - pilot or demonstration projects; - the application of technological innovations; - the dissemination and exchange of know-how and information on technologies. 7. Energy efficiency and environmental protection The signatories agree that cooperation is necessary in the field of efficient use of energy and energy-related environmental protection. This should include: - ensuring, in a cost-effective manner, consistency between relevant energy policies and environmental agreements and conventions; - ensuring market-oriented price formation, including a fuller reflection of environmental costs and benefits; - the use of transparent and equitable market-based instruments designed to achieve energy objectives and reduce environmental problems; - the creation of framework conditions for the exchange of know- how regarding environmentally sound energy technologies and efficient use of energy; - the creation of framework conditions for profitable investment in energy efficiency projects. 8. Education and training The signatories, recognising industry’s role in promoting vocational education and training in the energy field, undertake to cooperate in such activities, including: - professional education; - occupational training; - public information in the energy efficiency field. Title III: Specific Agreements The signatories undertake to pursue the objectives and principles of the Charter and implement and broaden their cooperation as soon as possible by negotiating in good faith a Basic Agreement and Protocols.