APEC Secretariat

Presented by

Luis Enrique Vertiz

© 2011 APEC Secretariat

Report to EWG 42Kaohsiung

APEC Secretariat Report on Key Developments

• APEC 2011 Priorities:

• strengthening regional economic integration and expanding trade;

• promoting green growth, and • expanding regulatory cooperation and advancing regulatory

convergence.• http://publications.apec.org/publication-detail.php?pub_id=1123

• http://www.apec2011.gov .

• Budget and Management Committee

• SCE results from San Francisco

Project Approval Sessions

• Session 3 / 2011

• Concept Notes submitted by EWG members

• BMC in-principle approval:

• First round: 17 – 19 October (notify 20 Oct);

• Second round: 25 – 27 Oct (notify 28 Oct).

• The Proposals submitted by EWG members:

Concept Notes submitted to Session 3 /2011

Current Projects

 

 

 

Project Name Economy

Unconventional Gas Expert Workshop United States

Smart Micro Grid (Piloting Smart Microgrid projects for Insular and Remote Localities in APEC economies)

Russian Federation

Distributed Energy Sources (Promotion of Energy Efficiency and Renewable Energy in Low Carbon Model Town of APEC through Distributed Energy Source – Identification of Potential, Challenges and Solutions)

China

Gas Fired Cogeneration Technology (Achieving Low-Carbon Development in APEC’s Communities by Using Higher-Efficiency and Cleaner Gas-Frerd Cogeneration Technology)

China

Maximizing the Energy Efficiency of Low Rank Coals (Maximizing Energy efficiency and Clean Utilization of Low Rank Coals through Innovative Technologies in APEC Economies)

China

LCMT Phase 2 Japan

Prospects for Marine Current Energy Generation in APEC Russian Federation

Best Practices in Energy Efficiency and Renewable Energy Technology in the Industrial Sector in APEC

Thailand

Carbon Capture Utilization and Storage (Feasibility of Accelerating the Deployment of Carbon Capture, Utilization and Storage [CCUS] in APEC Developing Economies

United States

APEC Workshop on Paths toward Sustainable Low Carbon Economies Based on Rational Use of Renewable Energies

China

Multi-year projects:

Sample of a Multi Year Proposal

Project Title: APEC Ease of Doing Business Multi-Year Project

Source of funds (Select one): Operational Account TILF Special Account APEC Support Fund X

Sponsoring Committee: Economic Committee

Associated Working Group / Sub-fora / Task-force(s):

Committee on Trade and Investment (CTI)

Proponent economy: United States

Co-sponsoring economies: Brunei Darussalam; Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Peru, Philippines, Singapore, Chinese Taipei, Thailand, Viet Nam

Other non-APEC stakeholders involved:

World Bank

Expected start date: November 2011 Expected completion date; November 2015

Total amount being sought

from APEC (US$):

$ 403,500

Total co-funded amount (US$):

Approximately $ 725,500 Total project cost (APEC + Co-funding in US Dls): $ 1,129.00

APEC funds: Estimated disbursal

schedule

Year 1 Year 2 Year 3 Year 4 Year 5

(funds may be drawn down over a maximum

of 5 calendar years)

128,500 90,000 60,000 125,000   0   

One more thing…

• ABAC 2011 Report to APEC Economic Leaders

• Create a regulatory, investment, and legal environment that encourages investment and action by the private sector.

• Convene an annual meeting of APEC Energy Ministers, with private sector participation comparable to that at the 2007 Darwin Meeting.

• Expand efforts to exchange best practices, standards and technologies for improved energy efficiency.

• In order for APEC to promote energy efficiency, each economy should also consider defining a Minimum Energy Efficiency Performance Standard…

• Alternative energy sources may increasingly become viable and contribute to the energy mix.

• Nuclear power… remains a clean source of energy for economies

• Eliminate inefficient fossil fuel subsidies to reflect the true cost of energy.

• Facilitate the dissemination of new energy-efficient and low-carbon technologies, specifically for household, industrial, transportation, smart grid and other uses

Thank You

• APEC Secretariat • 35 Heng Mui Keng Terrace• Singapore 119616 • Telephone: (65) 6891 9661• Fax: (65) 6891 9690 • Email: lev@apec.org

• APEC Website - www.apec.og