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APEC agreement on renewable energy

APEC agrees to joint efforts  to develop renewable energy Linda Yulisman, The Jakarta Post, Nusa Dua, Bali | Headlines | Tue, October 01 2013, Members of the Asia Pacific Economic Cooperation (APEC) agreed on Monday to establish joint efforts for the development of renewable energy in the 21 member economies.

The agreement was achieved during the first day of the three-day conference on clean, renewable and sustainable use of energy being hosted by Indonesia, this year’s APEC chair, in Nusa Dua, Bali. The agreement will be presented to the APEC senior official meeting Oct. 1 to Oct. 2 for approval.
Lead shepherd of the APEC Energy Working Group, Phyllis Genther Yoshida, said that the 21 economies had struggled to significantly lower the cost of alternative energy and to attract investment for new renewable energy projects, two main challenges they faced in green development.
“Our recommendation will be to move to a more strategic approach, in which we look at all of the different issues within a system rather than individually,” she told The Jakarta Post on the sidelines of the conference.

The agreed upon joint efforts will include exchange of information, joint studies and the transfer of technology in the development of renewable energy……http://www.thejakartapost.com/news/2013/10/01/apec-agrees-joint-efforts-develop-renewable-energy.html

October 1, 2013 - Posted by Christina Macpherson | General News