32nd ESCC Meeting

April 21, 3:00 pm – 5:30 pm (Manila Time)

The 32nd CAREC Energy Sector Coordinating Committee (ESCC) successfully completed a set of major results under the CAREC Energy Strategy 2030. Member countries and development partners endorsed the establishment of a CAREC Green Energy Alliance to be the region’s 1st targeted financing vehicle for green energy projects. The Committee also launched a 24/7 tool for policy makers – the CAREC Energy Reform Atlas – which aims to support decision makers in resolving the typical dilemmas when implementing energy sector reform. The ESCC also laid the foundation for a new Regional Transmission Cooperation Association (CATCA) as a body to establish regional grid enhancement plans and execute future cross-border projects. Another 2030 flagship deliverable – the CAREC Energy Outlook 2030 – was endorsed and will be officially published later this year to attract much needed investment. The meeting was chaired by CWEN Director Joonho Hwang and Mr. Ren Cong from the National Energy Administration of the People’s Republic of China holding the CAREC Presidency in 2022.

Meeting Documents