Resolution on Energy Security
19th Annual Meeting of the Asia Pacific Parliamentary Forum
23-27 January 2011
Resolution on Energy Security
APPF19/RES/03
(Sponsored by Mongolia)
THE NINETEENTH ANNUAL MEETING OF THE ASIA-PACIFIC PARLIAMENTARY FORUM:
Reaffirming the commitments made by the Parliamentarians of the Asia-Pacific Parliamentary Forum on energy security in accordance with the resolutions adopted at the preceding meetings, particularly the Fifteenth, Sixteenth, Seventeenth and Eighteenth annual meetings;
Recognizing that energy is a fundamental component for the economic development in Asia-Pacific region and in the world as a whole;
Considering that regional energy security and sustainable energy supply is best accomplished through long-term economic and financial cooperation among countries in the Asia-Pacific region, participation of stakeholders, bilateral and multilateral dialogue;
Realizing great potentials to cooperate in integrating energy, financial and technological sources available in the Asia-Pacific region for the adoption of sustainable energy security and supply;
Noting the importance of the promotion of free energy trade in the Asia-Pacific region and elsewhere in the world and huge investment needs and cooperation efforts to construct new energy production facilities and transmission infrastructure with a view to secure energy supply and reduce energy security risks;
RESOLVES TO:
- Promote APPF Governments cooperation to initiate, finance and implement energy development programs involving countries of the Asia-Pacific region.
- Support APPF Governments cooperation to use renewable and other clean energy sources to increase energy efficiency, create and transfer required innovation and cutting edge technology.
- Call on APPF Governments to develop and adopt favorable investment, tax and tariff policies to attract fiscal sources for energy infrastructure financing, enhance energy security in the countries of Asia-Pacific region and support financial involvement of the international financial organizations and private sector.
- Encourage APPF Governments to share and exchange information, create information network systems, transfer knowledge and best experience that contribute to ensuring energy security in the region.
