SINGAPORE : Singapore is urging its ASEAN partners to tackle issues of energy security and climate change.Speaking at the ASEAN Energy Meeting in Singapore on Thursday, Deputy Prime Minister S Jayakumar outlined four key areas for the region’s energy priorities.
One area is to adopt and encourage energy efficiency so as to help cut energy needs.
Another critical area is the development of a competitive regional energy market.
This will hopefully mean better access to energy supplies and the transfer of new energy technologies.
Prof Jayakumar believes investing in R&D will also reduce CO2 (carbon dioxide) emissions.
But he said ASEAN countries must also promote a clean environment and find ways to protect forests, rivers, lakes and air quality.
With Singapore taking over the ASEAN chair recently, he said energy and climate concerns will feature in themes for upcoming summits.
“ASEAN’s continued growth and prosperity hinges upon managing the competition for resources through cooperative efforts such as joint exploration and development of energy resources, more integrated markets, and sharing of expertise and technology,” said Prof Jayakumar, who is also the Law Minister and the Coordinating National Security Minister.
“Although the challenges are immense, they are not insurmountable if we can strengthen our cooperation, so that the region as a whole can benefit,” he added.
