Meta Data
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2000
Effective Start Year: 
2000
Scope: 
Multilateral
Document Type: 
Other
Economic Sector: 
Energy, Power
Energy Types: 
Oil, Power, Renewable, Other
Issued by: 
The Energy Ministers of Member Economies of the Asia-Pacific Economic Cooperation (APEC)
Overall Summary: 
APEC Energy Ministers met for the fourth time in San Diego, California, May 12, 2000 under the theme of "Turning Vision into Reality". Ministers committed to the implementation of energy initiatives on a voluntary basis, taking into consideration the different stages of development of APEC member economies, endorsed a new implementation strategy, and agreed to an unanimous message to APEC Economic Leaders. The themes discussed included were as follows: 1. Energy Initiatives; 2. Primary Principles in Our Initiatives; 3. Implementation Strategy with a clear description provided as an attached document.
Efficiency
EE priorities: 
Principles: Energy supply diversification (including renewable energy) and improved energy efficiency.
Cooperation in EE: 
A general policy framework for cooperation on energy standards, including support for inclusion of energy efficiency with the mutual recognition agreements being developed in the APEC region, and establishment of the position of an APEC Energy Efficiency Test Procedures Coordinator to facilitate the implementation of a product-by product approach to the greater alignment of energy performance test procedures; Broad technology cooperation programs in energy efficiency and conservation [...].
Renewable Energy
RE priorities: 
Principles: Energy supply diversification (including renewable energy) and improved energy efficiency.
Cooperation in RE: 
Energy Initiatives: [...]An initiative to advance cooperation in the development and deployment of new and renewable energy technology, especially in developing economies and to hold an APEC private sector renewable energy forum to promote private sector involvement in the identification and implementation of collaborative efforts under this initiative.--- Broad technology cooperation programs in energy efficiency and conservation, renewable energy technology, and clean fossil energy;[...].---.[...]An initiative to advance cooperation in the development and deployment of new and renewable energy technology, especially in developing economies [...].---Energy Initiatives: Broad technology cooperation programs [...] renewable energy technology[...].
Environment
Energy environmental priorities: 
Principles: Sustainable development through the harmonization of economic development, energy security and the environmental impacts of energy production and use.
Decarbonization strategy: 
Principles: Energy pricing principles and practices of member economies which: (a) reflect the economic cost of supplying and using energy across the full cycle of energy assets and infrastructure: and (b) have regard to environmental impacts.
Pricing
Cooperation in energy pricing: 
Principles: Energy pricing principles and practices of member economies which: (a) reflect the economic cost of supplying and using energy across the full cycle of energy assets and infrastructure: and (b) have regard to environmental impacts.
Energy Supply and Infrastructure
Cross-border energy infrastructure: 
Principles: [...] Cooperation in the development of domestic and intra-regional energy infrastructure and energy trading networks.
Regional integration priorities: 
Principles: [...] Open, efficient and competitive markets for energy services and products, both within and among economies---Principles: Complementary regulatory, institutional and procedural regimes with no impediments to trade and investment in energy infrastructure, products and services.
Cooperation in connectivity: 
We hereby commit to the implementation of our energy initiatives and to better integration of trade and investment liberalization and facilitation goals with mutually supportive economic and technical cooperation goals.---Energy Initiatives: Strengthening policy dialogue among member economies on issues such as energy security, energy infrastructure, energy market reform, energy efficiency and energy and the environment.[...]--- Close cooperation with the Energy Working Group Business Network and the Energy Regulators’ Forum; The initiation of information sharing on oil markets, which will foster member economies’ understanding of oil supply and demand trends and contribute to the enhancement of oil security; [...] A response cooperation initiative to mitigate damages on energy infrastructure after natural disasters, including earthquakes;
Trade
Energy trade priorities: 
We hereby commit to the implementation of our energy initiatives and to better integration of trade and investment liberalization and facilitation goals with mutually supportive economic and technical cooperation goals.
Investment
Energy sector investment priorities: 
Principles: Complementary regulatory, institutional and procedural regimes with no impediments to trade and investment in energy infrastructure, products and services.---Implementation Strategy - Objectives: To more closely integrate trade and investment liberalization and facilitation (TILF) and economic and technical cooperation (EcoTech) activities and initiatives [...]. ---To respond to the great energy security concern of many of our economies by implementing strategies that [...], promote investment in clean energy sources and production systems and diversify our energy supply.
Investment climate development: 
Principles: [...] Open, efficient and competitive markets for energy services and products, both within and among economies.---Energy Initiatives: [...]An initiative to advance cooperation in the development and deployment of new and renewable energy technology, especially in developing economies and to hold an APEC private sector renewable energy forum to promote private sector involvement in the identification and implementation of collaborative efforts under this initiative.
Governance
Energy management principles: 
We, [...] convey our conviction to make the best effort for the simultaneous pursuit of economic growth, energy security and environmental protection, recognizing that energy is central to maintaining the region’s economic recovery, building the region’s economic and social future, strengthening the marketplace, and promoting clean and sustainable development. ---We hereby commit to the implementation of our energy initiatives and to better integration of trade and investment liberalization and facilitation goals with mutually supportive economic and technical cooperation goals. ---Energy Initiatives: [...] A program to identify best practices for energy services consisting of a series of workshops throughout the region that will provide education on the nature and benefits of energy services and identify appropriate government policies and practices. ---Principles: [...] Open, efficient and competitive markets for energy services and products, both within and among economies.[...] Non-discriminatory, transparent and predictable policy, regulatory, environmental and administrative regimes in the energy sectors of member economies.---Implementation Strategy - Objectives: To integrate APEC’s broad and active energy program and make it more effective.
Coordination with regional energy associations: 
Energy Initiatives: [...] Close cooperation with the APERC, generously hosted and supported by Japan, on analyses and studies related to energy policy deliberations.
M&E of policy implementation: 
We also commit to a new implementation strategy, which features a program of implementation facilitation to member economies as requested on a voluntary basis and a system of self-reporting on progress in implementation by member economies to you through the Energy Working Group and the APEC system.
Technology
Clean energy technology priorities: 
Implementation Strategy - Objectives: [...] To respond to the great energy security concern of many of our economies by implementing strategies that [...], promote investment in clean energy sources and production systems and diversify our energy