Asia-Pacific Economic Cooperation (APEC) & the climate

In January 2005, thousands of protesters from local communities and environment groups gathered outside the Clean Fossil Energy seminar of the Asia Pacific Economic Cooperation (APEC) in Cebu, Philippines.

APEC Summit September 2007, Sydney Australia

"The developing country members of APEC have said clearly that the UN is the place where a new climate change agreement will be struck,” said Greg Bourne, CEO of WWF-Australia.

Leaders of the world's fastest growing economies attending the Asia-Pacific Economic Cooperation (APEC) Summit rejected attempts by Australia and the US to bypass the United Nations in negotiations to reduce climate damaging emissions, says WWF.

"This APEC Summit made clear that the UN framework is the right place to move towards deeper emission reductions," said Diane McFadzien, international climate policy expert at WWF.

"The agreement expresses support to the most vulnerable countries to adapt to climate change, but the financing can be agreed only through an extension of the Kyoto Protocol."

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What is APEC?

Asia-Pacific Economic Cooperation, or APEC, is the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region.

APEC has 21 members - referred to as "Member Economies" - which account for approximately 41% of the world's population, approximately 56% of world GDP and about 49% of world trade.

APEC's 21 Member Economies are Australia; Brunei Darussalam; Canada; Chile; People's Republic of China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; The Republic of the Philippines; The Russian Federation; Singapore; Chinese Taipei; Thailand; United States of America; Viet Nam.

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