APPROACHES
The approaches to achieve the above objectives are as follows:
- Strengthen coordination, participation in all program areas to narrow development gap, improve energy access, and to facilitate economic integration of the ASEAN region;
- Adopt targets or aspirational goals in programs and consider cross-sector issues towards accelerating all the initiatives taking into account the domestic energy situation of the individual ASEAN Member State;
- Provide a conducive environment for greater private sector involvement and participation, including securing foreign direct investment;
- Broaden perspective and focus of action on human resources and capacity building skills;
- Recognize enabling factors and barriers, such as human and financial resources and regulatory issues;
- Develop and implement transparent legal, regulatory and technical frameworks in various energy projects, in particular, on the cross border interconnection projects to promote open and flexible energy trade; and
- Develop and expand the energy mix and supply sources in a sustainable and environmental-friendly manner through optimal utilization of potential energy sources of the region to include frontier exploration and development and extensive research on both fossil fuels and renewable energy resources and energy efficiency and conservation.
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