ASEAN has exceeded its energy efficiency goals, reducing its energy intensity by more than 20 per cent in 2016 compared to 2005 levels, well ahead of its 2020 target.
The grouping, which Singapore chairs this year, also said that it would set up green building codes for the entire region, and that it would sign a memorandum of understanding with the International Renewable Energy Agency (Irena).
Minister for Trade and Industry Chan Chun Sing said on Monday that the Asean energy ministers welcomed the development of green building codes for all countries in the region.
To this end, the Asean Centre for Energy recommended that all member states establish a central body to handle certification and improve coordination between the public and private sector, among other suggestions.
The Asean Centre for Energy will now raise awareness on green codes and building the necessary capabilities in each Asean country to implement the recommendations.
Mr Chan said: “This will enable us to better realise energy savings in the buildings sector, and effectively manage the significant energy demand expected from this sector in the medium term.”
The ministers also gave their support to developing infrastructure for natural gas and liquefied natural gas, a cleaner alternative to coal. They also encouraged the development of Asean’s capability to attract investments and develop sustainable financing models to meet increasing energy demand and improve energy access.
These were among the several announcements made at the ASEAN Ministers on Energy Meeting (Amem) on Monday (Oct 29), which was held for the first time together with Singapore International Energy Week.
Singapore International Energy Week, the annual event that brings together energy industry policymakers and players from around the world, opens on Tuesday (Oct 30).
Source: Straits Times
Feature image: Straits Times
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