![]() ![]() ![]() The Energy Trade and Investment Task Force has been established under the EWG to facilitate relevant cooperation in EWG. The Energy Working Group: informs energy policymakers, draws advice from the business community and industry experts, and collaborates with other international bodies, including the IEA, the Renewable Energy and Energy Efficiency Partnership and the Energy Charter Secretariat.Many established APEC Working groups assist economies meet climate change goals. How APEC assists economies to meet their climate change goals To this end, APEC Ministers are determined to improve energy efficiency and support the use of cleaner and more efficient energy technologies by setting individual goals and action plans collaborating with the International Energy Agency (IEA) to develop energy efficiency indicators sharing information on energy efficiency policies and measures and encouraging APEC economies to contribute to and utilize the APEC Energy Standards Information System (ESIS). In 2011, APEC Leaders set a higher target to reduce energy intensity by at least 45 percent by 2035. In 2007, APEC Leaders proposed a regional goal to reduce energy intensity by at least 25 percent by 2030. In addition, climate change is believed to contribute to the increasing number of natural disasters, about 70 percent of which occur in the Asia-Pacific region.ĪPEC's commitment to improving energy efficiency This impacts both individuals and economies, at large, with developing economies experiencing the most adverse effects. Climate change can cause extreme weather conditions, damage and deplete natural resources and accelerate the spread of disease. The use of fossil fuels to satisfy this demand results in greenhouse gas emission and contributes to climate change. As the region becomes increasingly industrialized and the population shifts from rural to urban areas, consumption will increase. APEC Economies consume approximately 60 percent of the world's energy. ![]()
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