Joint Statement on Clean Energy and Sustainable Development
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Fourteen non-binding energy policy principles that are consistent with economic efficiency and environmental impact mitigation;
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A voluntary pledge and review program aimed at improving efficiencies in the production, delivery and use of energy;
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A work program on Environmentally Sound Energy Infrastructure in APEC to promote good practice in environmental policy implementation and to reduce investor risk;
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A Natural Gas Initiative identifying principles and best practices for reducing investor risk and mobilizing private investment;
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Establishment of a web-based Standards Notification Procedure to create transparency of action in the development and use of energy performance test procedures and help slow the further proliferation of differing test procedures, with their associated costs to business, as economies introduce new energy efficiency programs using such procedures;
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Recognition that a partnership with the private sector is needed to achieve goals.
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Energy Ministers also acknowledged and endorsed the broad range of cooperative activities undertaken by the Energy Working Group, including:
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Research by the Asia Pacific Energy Research Center on efficient and environmentally sound energy development and use and practices;
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Active work programs through Expert Groups.
Future Goals and Strategies
Ministers recognized that to succeed in making sustainable energy development and use a reality for the 21st century, continued and vigorous efforts are needed to remove remaining impediments to energy trade and investment, to promote projects to address local, regional and global environmental concerns, and to further increase opportunities for the private sector and to implement the Framework for the Integration of Women in APEC.
Toward these ends, Energy Ministers expressed a renewed and strengthened commitment to further integrate their energy, economic and environmental goals.
Energy Ministers reconfirmed the value of joint efforts to develop adequate, environmentally responsible and secure energy supplies, enhance overall environmental protection on local, regional and global levels and improve the quality of life of individuals through sustainable economic development in their economies.
In order to promote the clean development and use of energy, Energy Ministers reconfirmed the need for policies that advance research, development and deployment of energy efficiency, renewable energy and other clean energy technologies, and encouraged energy suppliers to deliver energy efficiency services and renewable energy based electricity.
Energy Ministers recognized that sustainable energy development policies are integral elements of any strategy to reduce greenhouse gas emissions. In the context of the United Nations Framework Convention on Climate Change, all parties to that Convention have committed to addressing the problem of climate change and its adverse effects. The Ministers also recognized that the developed economies have committed to take the lead in modifying long-term trends in reducing anthropogenic emissions. Ministers reiterated their commitment to the implementation of sustainable energy development policies and to take concrete steps to establish policies and programs that will enhance investments and cooperation in the development and use of clean and efficient energy technologies. Moreover, the Ministers recognized the value of market-based forces and government guidance, and that member economies may adopt new measures in order to take full advantage of the market-based mechanisms and technical cooperation that are being negotiated within the framework convention.