Projects are a vital part of the APEC process. They help translate the policy directions of APEC Economic Leaders and Ministers into actions and help create tangible benefits for people living in the Asia-Pacific region.
APEC provides funding for around 100 projects each year, with more than USD 9 million available in 2015.
Projects typically include workshops, symposia, publications and research. They are open to participation from all 21 APEC member economies. As well as engaging with public and government sector organisations in member economies, external stakeholder engagement is encouraged.
APEC Project Focus and Themes
Most APEC projects are focused on transferring knowledge and skills between members and building capacity so that each APEC member economy can move closer towards the Bogor Goals of free and open trade and investment. This includes by:
- Promoting and accelerating regional economic integration,
- Encouraging economic and technical cooperation,
- Enhancing human security, and
- Facilitating a favourable and sustainable business environment.
Each year APEC defines its key policy priorities. Please see the Funding Criteria for APEC-Funded Projects in 2016.These annual priorities help to determine which APEC projects are selected for funding.
Information about individual APEC projects that are currently being implemented or have already been completed can be found on the APEC Project Database.
Funding and Implementing APEC Projects
On behalf of members, the APEC Secretariat administers two project funding sessions per year. Projects are selected by members and approved for funding by APEC’s Budget and Management Committee. The APEC Secretariat provides specialist advice on improving project quality and also assists members with implementation.
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