Meeting of APEC Energy Ministers
REGIONAL ENERGY COOPERATION:
SETTING A LONG TERM VISION AND IMPLEMENTING SHORT TERM ACTIONS"
Mexico City, Mexico, 23 July 2002
We, 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 our economies in implementing actions
to achieve APEC goals and to chart the course for future activities
of the APEC Energy Working Group.
We acknowledge the essential contribution of energy to maintaining
the Asia Pacific region・s economic growth and social development,
and are committed to continue to strengthen simultaneously
the APEC goals of economic growth, energy security and environmental
protection. We note that, as outlined in Energy Outlook 2002,
APEC・s rapidly increasing energy demand will exceed that
of any other region. Growth in the APEC region・s energy supply
infrastructure will therefore need to keep pace with demand
if the region・s development goals are to be met. A key challenge
is to ensure that this growth takes place in a manner consistent
with our environmental and social objectives.
It is estimated that substantial new investments will be required
over the coming years to meet the APEC region・s future energy
needs. 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 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.
We note the economic, environmental, and energy security benefits
of the diversification of energy supplies. Continued research,
development and deployment of a broad range of energy technology
options will also help meet longer-term energy security objectives
while addressing environmental impacts of energy use and production.
Furthermore, intra-regional infrastructure development and
increased energy efficiency will also help ensure that energy
does not become a bottleneck to the APEC region・s future
economic development and social progress.
Recognizing that our implementation commitment and strategy
established at our last meeting in San Diego, California,
United States, 12th May 2000, covers a wide scope of initiatives,
we commend the efforts and achievements of the Energy Working
Group in implementing our decisions and in responding to calls
by APEC Ministers and Economic Leaders. We welcome the opportunity
to reaffirm the principles our initiatives embody and our
direction that the focus should be on implementation of our
initiatives for the achievement of practical results.
We continue to fully support the Energy Working Group・s broad
based work program, which covers activities aimed at, among
other things, diversifying our energy mixes, improving energy
efficiency, enhancing research, development and deployment
of renewable energy such as photo-voltaic, wind power etc,
deploying new and renewable energy technologies, promoting
clean energy, facilitating energy business and trade, improving
data collection and information sharing, encouraging private
investment through policy and regulatory reform, and sharing
best practices related to energy emergency planning.
We endorse the recommendations under the Energy Security Initiative
as agreed by the Energy Working Group at its 23rd meeting,
taking consideration that APEC・s fundamental principles of
cooperation, voluntary participation and mutual respect must
be recognised under the widely differing circumstances of
our economies. APEC Economic Leaders welcomed the Energy Security
Initiative in their declaration of November 16th 2000, and,
accelerated by the events in the United States on September
11th 2001, the subsequent Leaders Statement on Counter-terrorism
released on October 21st identified this APEC initiative as
a key measure for enhancing counter-terrorism.
We commend the Energy Working Group for its solid contribution
to energy security through its broad based program covering
both short term and longer term options that can be drawn
upon by economies. We also welcome the opportunity to share
experiences and best practices with respect to emergency preparedness
plans to deal with short-term supply disruptions.
We direct the Energy Working Group to promote the implementation
of the Energy Security Initiative. In the short term, undertake
work on improving monthly oil data, where available; real
time emergency information sharing; the option of oil stocks
among interested members; considering a feasibility study
on possible joint stocks among interested members; and organising
dialogues on sea lane security issues. In the longer term,
look into energy exploration and development; alternative
fuels; high efficiency vehicles; and more energy-efficient
modes of public transport.
We note the Energy Business Network concern that sustainability
needs practical responses that encompass burning fuels more
cleanly, capture and geological sequestration of carbon dioxide,
the use of new and renewable energy technologies, and improving
energy efficiency. To assist sustainable development, the
member economies agree to work together to pursue collaborative
research programs. We also welcome progress under the 21st
Century Renewable Energy Development Initiative, which includes
a strong private sector involvement and applications in rural
and remote regions.
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. We also welcome the Pledges of fifteen
economies under the Pledge and Review process for achieving
energy efficiency gains. We further encourage all economies
to consider a Pledge.
We also recognise the importance of strengthening efforts
on energy education, as proposed by one of the economies,
and request that the Energy Working Group review this initiative.
We welcome the initiative of the Energy Working Group to showcase
its contribution to energy for sustainable development through
the report Energy for Sustainable Development: The Contribution
and Role of the APEC Energy Working Group. We believe that
the forthcoming World Summit on Sustainable Development would
be an opportunity for APEC to demonstrate to a wider global
audience how voluntary regional partnerships can be utilised
to achieve sustainable development objectives. We therefore
direct the Energy Working Group through Australia and Mexico
to forward this report to the World Summit on Sustainable
Development for their consideration.
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.
14. We believe that energy emergency planning is important,
including for disasters caused by natural factors, and that
economies should be encouraged to share related information.
We therefore welcome the progress made on the Earthquake Response
Cooperation Initiative that has resulted in information and
experience sharing in this kind of emergencies for energy
We re-affirm our commitment to working closely with the business
sector and note their recommendations for enhancing the functioning
of the energy market. 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 are pleased to note that there have
been four Implementation Facilitation Assistance Team visits
directed at reform of the energy market within Thailand (twice),
Peru and the Philippines, which the hosts have deemed very
helpful. We note that Implementation Facilitation Assistance
Teams can provide experience and advice on options and approaches
to address any issues within the energy sector and encourage
the use of these teams.
We direct the Energy Working Group to explore mechanisms for
working more closely with financial institutions to facilitate
the infrastructure development within the region.
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.
We acknowledge the efforts of the Expert Groups and APERC
in continuing to support the activities of the Energy Working
We appreciate the considerable dedication of time, resources
and effort by Australia to providing a Secretariat for the
Energy Working Group and hope that Australia can continue
to provide this outstanding support.
We thank the Government of Mexico for hosting this meeting,
in particular the Mexican Department of Energy for its leadership
in coordinating the issues discussed at this Fifth APEC Energy
We welcome the opportunity to meet and discuss recent developments
in the energy sector and the opportunity afforded by this
meeting to give direction to the future of the work of the
Energy Working Group. Making the best use of energy will remain
a priority for all APEC economies. We are aware that using
our resources in a responsible manner and ensuring the availability
of energy services in our respective economies will be a contribution
to the fulfilment of our longer term vision. We are committed
to meeting APEC・s rapidly increasing demand for secure, reliable
and affordable energy in an environmentally responsible way
and direct the Energy Working Group to chart the progress
in the implementation of the initiatives mentioned above and
to report back at the next Ministerial meeting.