Meta Data
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2002
Effective Start Year: 
2002
Scope: 
Multilateral
Document Type: 
Plan/Strategy
Economic Sector: 
Energy, Power
Energy Types: 
Power, Renewable, Solar, Wind, Other
Issued by: 
The Energy Ministers of Member Economies of the Asia-Pacific Economic Cooperation (APEC)
Overall Summary: 
The APEC Energy Ministers, met for the fifth time in Mexico City on 23rd July 2002 to discuss energy issues in the region, the progress made by APEC economies in implementing actions to achieve APEC goals and to chart the course for future activities of the APEC Energy Working Group. The Declaration underlines the essential contribution of energy to maintaining the Asia Pacific region’s economic growth, the importance of new investments and reforms over the coming years to meet the APEC region’s future energy needs. Ministers affirm their commitment towards research, development and deployment of a broad range of energy technology options to help meet longer-term energy security objectives.
Efficiency
Cooperation in EE: 
We acknowledge the importance of sharing information on energy standards, and the desirability of reducing barriers to trade in energy- efficient appliances and products to enhance energy efficiency. We therefore endorse the Energy Standards and Labelling Co-operation Initiative as a timely and effective policy instrument.
Renewable Energy
RE priorities: 
We remain committed to the environmentally responsible development and clean use of energy and to our belief that quality of life benefits flow from the availability of cleaner, more affordable energy.
Environment
Energy environmental priorities: 
We remain committed to the environmentally responsible development and clean use of energy and to our belief that quality of life benefits flow from the availability of cleaner, more affordable energy.
Cooperation in env.: 
We [...] are committed to continue to strengthen simultaneously the APEC goals of economic growth, energy security and environmental protection.
Energy Supply and Infrastructure
Infrastructure development priorities: 
We direct the Energy Working Group to explore mechanisms for working more closely with financial institutions to facilitate the infrastructure development within the region.
Cross-border energy infrastructure: 
We believe that cross-border inter-connections of energy systems have the potential to bring great economic and technical benefits to our energy systems and to provide significant energy trade opportunities. We therefore direct the Energy Working Group to expand its preliminary work on addressing barriers to cross-border connection of power grids to cover gas pipeline networks and to work closely with the Energy Business Network in this regard.
Regional integration priorities: 
We direct the Energy Working Group to explore mechanisms for working more closely with financial institutions to facilitate the infrastructure development within the region.
Cooperation in connectivity: 
We direct the Energy Working Group to explore mechanisms for working more closely with financial institutions to facilitate the infrastructure development within the region.
Investment
Energy sector investment priorities: 
We reaffirm our commitment to energy market reform and greater transparency to attract the significant private investment needed for regional energy development, production and infrastructure.
Financial incentives for energy infrastructure: 
We direct the Energy Working Group to explore mechanisms for working more closely with financial institutions to facilitate the infrastructure development within the region.
Investment climate development: 
We re-affirm our commitment to working closely with the business sector [...]. In particular we note the challenges of facilitating investment for energy infrastructure development in all member economies and the importance of clear, transparent and predictable laws and regulations to attracting foreign and private sources of capital, technology and expertise to facilitate both modernisation and diversification of energy sources in the region. ---[...] We reaffirm our commitment to energy market reform and greater transparency to attract the significant private investment needed for regional energy development, production and infrastructure.
Public Private Partnerships: 
We re-affirm our commitment to working closely with the business sector [...]. In particular we note the challenges of facilitating investment for energy infrastructure development in all member economies and the importance of clear, transparent and predictable laws and regulations to attracting foreign and private sources of capital, technology and expertise to facilitate both modernisation and diversification of energy sources in the region.
Governance
Energy management principles: 
We [...] are committed to continue to strengthen simultaneously the APEC goals of economic growth, energy security and environmental protection. ---[...] We reaffirm our commitment to energy market reform and greater transparency to attract the significant private investment needed for regional energy development, production and infrastructure. ---We continue to be committed to the implementation of the Framework for the Integration of Women in APEC, which is a significant step to enhance the ability of women to contribute to and benefit from prosperity of the region.
Technology
Clean energy technology deployment: 
We remain committed to the environmentally responsible development and clean use of energy and to our belief that quality of life benefits flow from the availability of cleaner, more affordable energy.
Technology collaboration with other member States: 
To assist sustainable development, the member economies agree to work together to pursue collaborative research programs.