UN General Assembly
1981

126. Fourthly, the United Nations Conference on New and Renewable Sources of Energy has, for the first time, made energy issues a subject of negotiations within a global framework. We must continue along this path. The steep, abrupt increase in the price of energy has placed a heavy burden on the industrial countries. To the oil-importing developing countries, it has become a question of their very existence. We need partnership and cooperation between the Organization of Petroleum Exporting Countries [OPEC], industrial countries and oil-importing developing countries. This is the only way the world can come through the transition to the post-oil era intact. The Government of the Federal Republic of Germany also advocates the establishment of a World Bank affiliate for energy which could help considerably to resolve the energy problems of the third world.