The 38th ASEAN Ministers of Energy Meeting (AMEM), which was held virtually on November 19, 2020 and was hosted by Vietnam, has endorsed the ASEAN Plan of Action for Energy Cooperation (APAEC) 2016-2025 Phase II: 2021-2025, retaining the same theme of “Enhancing Energy Connectivity and Market Integration in ASEAN to Achieve Energy Security, Accessibility, Affordability and Sustainability for All”. A sub-theme was added: “Accelerating Energy Transition and Strengthening Energy Resilience through Greater Innovation and Cooperation.”
The APAEC 2016-2025 Phase II: 2021-2025 builds on the success of APAEC 2016-2025 Phase I: 2016- 2020 and sets out ambitious targets and initiatives to enhance energy security and sustainability. It also supports the United Nations Sustainable Development Goal 7 (UN SDG7).