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Opening statement of OIC-Secretary Zenaida Monsada at the Energy Ministers’ Meeting Joint Press Conference

EMM PressCon Monsada

Energy Ministers’ Meeting Joint Press Conference

October 13, 2015, 6:30 p.m.

Shangri-La Resort and Spa, Lapu-Lapu City, Philippines

OIC-Secretary Zenaida Monsada

Opening Statements

A pleasant evening your Excellencies, distinguished delegates, guests, and of course our friends from the media. Thank you for being our constant partners in disseminating the visions that the Energy Ministers have been thrusting for the Asia-Pacific region.

Today, the Energy Ministers came up with a framework on energy resiliency and instructions to the Energy Working Group (EWG) to formulate action plans that will concretize the vision of APEC Energy Ministers. These instructions are set to be implemented by the EWG, Experts Groups on Energy Efficiency and Conservation, New and Renewable Energy Technology, Clean Fossil Energy, Energy Data and Analysis, and the Low Carbon Model Town Task Force.

To support the collective efforts of the Experts Groups are the two centers of excellence of APEC energy cooperation, such as, the Asia-Pacific Energy Research Centre and APEC Sustainable Energy Center.

The Ministers have agreed that Climate-proofing of Energy Infrastructures in the APEC community is a significant endeavor towards energy resiliency. Thus, conducting of vulnerability assessment including regional geo-hazard maps; exploration of best practices in enhancing the quality of electric power infrastructure; undertaking research and development programs, and of course sharing information on energy infrastructure technology advancements, and technological innovations, among others are adopted.

Recognizing that Advancing Cutting-Edge Energy Efficiency Technologies is a spring board towards energy resiliency, the Ministers have adopted the EWG recommendation to undertake a cost-benefit analysis of available energy efficient technologies; to develop minimum energy performance standards; to explore the potential adoption of fuel quality and vehicle efficiency standards; and to pursue APEC’s aspirational goal of attaining the reduction of energy intensity by 45% by 2035 from its 2005 levels. The recommendation also involves equal and gender-fair human resource capacity development.

On Community-based Clean Energy Use in Energy Poverty Stricken Areas, the Ministers have adopted to explore strategies to drive the shift towards green buildings through energy efficiency measures. Likewise, the EWG recommended coming up with an energy eco-tourism development framework, especially that energy is critical to spurring economic activities tourism sector.

The promotion of clean energy or renewable energy is also an important program in line with APEC’s aspirational goal of doubling the share of renewable by 2030 again from the 2005 level.

The Ministers have also adopted to improve energy trade and investment in the APEC community emphasizing energy infrastructure planning and development and even regional energy interconnectivity; adopting public-private partnership especially for the nascent LNG industry; securing both energy and water resources as they are critically affecting one another; developments of new markets and trading hubs; and increasing investment in green economy through Green Energy Finance.

Likewise, the Meeting’s plenary session featured interesting insights and discussions on the EMM Themes provided by resource experts from International Energy Agency, Asian Development Bank, Royal Melbourne Institute of Technology, and the APEC Business Advisory Council (ABAC).

At the margins, signing of the Joint Statement on APEC EWG and IEA puts into place platform for cooperation on broader areas of cooperation such as energy security, energy resilience, energy efficiency, renewable energy, energy data and statistics, among others.

One of the Meeting’s Highlights is the announcement made by Japan in the selection of Mandaue City as the chosen area for the Phase-Six (6) of the Low Carbon Model Town Project. This entitles Mandaue City to a feasibility study grant that would determine policy program measures to realize its targets for green technology opportunities particularly in buildings, urban planning and transport sector. May we ask the Representative of Mandaue City, James Abadia, provincial administrator, to stand up to be recognized as there is great responsibility for all towns in the Philippines to learn from what Mandaue will experience through this feat.

As we approach the conclusion of the EMM12, we extend our deepest gratitude for the participation of the 21-Member Economies, your Excellencies, and APEC various committees for institutionalizing our common vision towards an energy resilient APEC-Community.

Daghang Salamat! Thank you and have a good evening.

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