Agreement On Asean Energy Cooperation - Korea Time Tour
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Agreement On Asean Energy Cooperation

Michael Williamson, Chief of Sustainable Energy Development Section and Anis Zaman, Economic Affairs Officer, UN ESCAP, said in a blog post: “For policy makers, economic recovery and sustainable energy should not be mutually exclusive. ASEAN`s full cooperation will only be possible if there is a strategy of mutual trust in the regional framework conditions for energy security. The transition to clean energy at the regional level will fail without regional cooperation. The IEA has proposed a four-pillar strategy that can help steer the region towards a healthier and more sustainable path, when this would require concerted action in all parts of the energy sector and a substantial increase in investment. Indeed, Dr. Yongping Zhai, group leader of the asian development sector (ADB), recommended that developing countries address domestic suppliers instead of relying on international suppliers, suppliers and materials. Demand for fuel has outpaced production in the region, and Southeast Asia will now become a net importer of fossil fuels, mainly oil. In addition to rising costs, this is a concern for energy security, as the region is increasingly affected by the unpredictability of both global energy and geopolitics markets. 1. Recognising that date and information on energy are the key means of monitoring the impact of energy policy in the development of plans and programs; x) maintaining an environment conducive to trade and investment in fuels, materials and energy equipment.

Plans are already underway for the next phase of this agreement. In September 2019, two new energy efficiency and cost-saving outcomes, part of Phase II, were approved and adopted. These include the regional policy roadmap for minimum energy standards for lighting, a coordinated approach to promoting energy-efficient lighting and guidelines for integrating energy efficiency into the ASEAN Mutual Recognition Agreement. This implementation starts with air conditioning systems and is extended to other devices. Energy security (and perceived threats to security) is another barrier to overcome. Given the large amount of energy produced from hydrocarbons, this is an important consideration. (vi) standardization of energy-related facilities; (ii) regional studies on when and when Member States want to, and efforts to bring national renewable energy targets and emissions rules closer to each other, is the fight against energy insecurity and affordability in some ASEAN countries. The aim is to enable a cleaner energy transition, which takes into account the different contexts of each country.

The ultimate goal is to disseminate the target of 23% renewable energy in the region, rather than being the responsibility of some countries.