The Forum was the largest geothermal forum ever held in Japan with about 300 participants. The forum was held at United Nation University in Tokyo. It focused on the cooperation possibilities between Japan and Iceland, including development and financing. Participants discussed the challenges of geothermal use, the possibilities for further development, the role of governments in developing geothermal energy, the combined strengths of the Japanese and Icelandic models, the joint development and financing of geothermal power plants in developing countries, how geothermal projects can be financed and risks can be mitigated, the main obstacles in the development and construction of geothermal power plants in developing countries, and the role of development banks and financial institutions.
From right Mr. Bolli Thoroddsen, Mr. Yoshida, JBIC (Japan Bank For International Cooperation), and Mr. Yamada, IFC (International Finance Corporation)
From right Mr. Bolli Thoroddsen, Mr. Gunnar I. Gunnarsson, Chairman of Verkis, Mr. Sigurdur St. Arnalds, Chairman of Mannvit, and Mr. Akiba, Mitsubishi Heavy Industries