At the APEC Ministerial Meeting in November 2014, Ministers recognized that lifecycle cost, environmental impacts, and safety such as resilience to natural disasters constitute the key elements of infrastructure quality, and agreed the APEC Guidebook on Quality of Infrastructure Development and Investment.
Based on the spirit of the Guidebook, with a view to developing high-quality electric power infrastructure in the Asia-Pacific region, Japan proposes to launch an initiative for the quality of electric power infrastructure development. The initiative consists of the following activities:
(1) survey on the current state and outlook of electric power infrastructure in the APEC region;
(2) formulating a guideline for developing high-quality electric power infrastructure;
(3) capacity building for disseminating the guideline.
In this context, a progress report will be made at the APEC Energy Ministerial Meeting (EMM) in Cebu, the Philippines in October 2015, and a final guideline will be endorsed at the EWG and introduced to the APEC Ministerial Meeting (AMM) in 2016.