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Key Recommendations: Public-Private Approaches to Decarbonizing Power Systems in APEC

Cover_222_EWG_Key Recommendations-Public-Private Approaches to Decarbonizing Power Systems in APEC
Published Date October 2022
Type of Publication Reports
Publication Under SOM Steering Committee on Economic and Technical Cooperation (SCE), Energy Working Group (EWG)
Accessed 386
Pages 24
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Description

Decarbonizing power systems is critical to reducing emissions and reaching global carbon neutrality, and to the broader goal of addressing the urgent challenge of climate change, which has been affirmed in the Putrajaya Vision 2040 and other commitments as central to APEC’s work. Public-private cooperation will be critical, as governments cannot meet this challenge alone. This report draws on the discussions and recommendations made during two workshops hosted by the APEC Energy Working Group in 2021, which convened a broad array of expert stakeholders and focused on power system decarbonization in APEC economies. The report provides key recommendations for policy interventions, as well as corporate actions and commitments, that APEC member economies and private sector stakeholders may take to help meet our collective decarbonization goals.