APEC Energy Ministers Support Low Carbon Hydrogen Policy Framework in Asia-Pacific
Key Ideas
  • The 14th APEC Energy Ministerial Meeting concluded with support for the launch of the APEC Policy Guidance to develop and implement a Low Carbon Hydrogen Policy Framework in the Asia-Pacific region.
  • Malaysia's Deputy Prime Minister highlighted the importance of the hydrogen economy and shared Malaysia's Hydrogen Economy and Technology Roadmap, emphasizing a phased approach to infrastructure development and industry promotion.
  • The meeting emphasized the significance of energy access for sustainable growth, discussing challenges, solutions, and strategies to increase energy access, develop hydrogen roadmaps, and implement low carbon hydrogen policies.
  • A Joint Statement was issued, emphasizing APEC's commitment to cooperation for sustainable energy development in the Asia-Pacific region.
The 14th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Lima, Peru, concluded with strong support for the launch of the APEC Policy Guidance to develop and execute a Low Carbon Hydrogen Policy Framework in the Asia-Pacific region. The policy guide aims to provide a solid reference framework for APEC economies to establish comprehensive and effective hydrogen strategies, contributing to both APEC's economic objectives and the global decarbonisation agenda. Malaysia's Deputy Prime Minister, Datuk Seri Fadillah Yusof, highlighted Malaysia's Hydrogen Economy and Technology Roadmap (HETR) during the meeting. The roadmap focuses on a phased approach to developing infrastructure, regulatory framework, and industry promotion to boost investment in the local hydrogen industry. Key hydrogen projects like the Mobile Hydrogen Filling Station and the Sarawak Hydrogen Hub were emphasized for Malaysia's potential as a significant player in the clean hydrogen market. The discussion at the meeting also covered energy access for sustainable growth, emphasizing the importance of overcoming obstacles to ensure energy supply to people, particularly in rural areas. Fadillah stressed the need for increased efforts in promoting sustainable development and ensuring electricity supply to all citizens at various levels. Malaysia's National Energy Transition Roadmap (NETR) is based on principles supporting sustainable development, fair energy transition, effective governance, and involvement of small enterprises in the energy ecosystem. The meeting issued a Joint Statement reflecting APEC's economic commitment to enhance cooperation towards driving comprehensive and sustainable energy development in the Asia-Pacific region. The statement underlined the significance of collaboration and highlighted the commitment to sustainable energy development and cooperation among APEC economies.
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