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Balance

Balance in all Aspects:

Inclusive economies

Thailand will continue to promote gender equality and the economic empowerment of women through the full implementation of the La Serena Roadmap for Women and Inclusive Growth. Attention will be given to the development of digital skills and capacity building for women entrepreneurs to support their participation in the digital economy and the future of work. The APEC Women and the Economy Dashboard will continue to be a critical tool in monitoring and assessing progress in these key areas.

APEC officials will continue to engage youth and promote intergenerational dialogue on policy matters. Starting from the Informal Senior Officials’ Meeting, youth leaders will be invited to share their perspectives on the most pressing issues facing the Asia-Pacific, particularly on climate change and sustainability.

Balance in all Aspects:

Sustainability through renewable energy

The bio-circular-green (BCG) economy concept integrates three mainstream approaches for a more holistic pathway to sustainability. At its core is a campaign to transform the whole of society to become more balanced and sustainable. It reinforces continuing global efforts on climate change and accelerates the achievement of the Sustainable Development Goals. This is the overarching thinking behind APEC 2022 Thailand’s theme, priorities and key deliverables.

Sustainability starts with how the region fuels its growth. APEC is on the right track, having set energy intensity reduction and renewable energy-doubling goals. Economies are on the way to meeting the former but need to accelerate energy transition efforts. APEC should explore how advanced technology can be utilized to produce clean and renewable energy. The forum will also focus on the issues of waste management and the circular economy, building on the growing prominence of these issues in APEC conversations and cooperation.

APEC 2022 will continue to support MSMEs and start-ups to adapt to the new way of doing business and strengthen resilience. Building on the 2015 Boracay Action Agenda to Globalize Micro, Small and Medium Enterprises, APEC will promote their role and contributions to the region’s sustainability and green growth, including through the exchange of best practices for green and innovative small business.

Balance in all Aspects:

Sustainability through managing resources

Sustainability also lies in the way economies manage natural resources, such as forest cover. In the next year, APEC 2022 will continue to enhance cooperation within the forestry industry. After four years, Thailand will convene the Meeting of Ministers Responsible for Forestry, with a view to promoting sustainable forest management and rehabilitation.

APEC will explore ways to further facilitate the trade of legally harvested forest products in the region by exploring the development of a forest timber and products certification and declaration and building on past achievements.

Balance in all Aspects:

Sustainability for food security

The forum will emphasize protecting the health of marine environments and resources, including strengthening efforts and utilizing data and research to address the problem of marine debris, including plastic litter. In addition, as part of the ongoing work to combat illegal, unreported and unregulated fishing, Thailand will promote sustainable small-scaled and artisanal fisheries.

APEC will ensure food safety, security and sustainability for all by leveraging frontier technology and innovation, such as big data, to support its work in this regard. APEC will concentrate its efforts on developing a quality implementation plan for the newly adopted APEC Food Security Roadmap Towards 2030 to help economies transition towards sustainable food systems and agricultural practices.