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"Bangkok Goals for Biocircular Green Economy" (Abstract)

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Xinhua News Agency, Bangkok, November 19th. From November 18th to 19th, 2022 local time, the 29th APEC Economic Leaders' Meeting was held in Bangkok, Thailand. The meeting passed the "Biocycle Green Economy Bangkok Goals", the summary is as follows:

"Bangkok Targets for a Biocircular Green Economy" (Abstract)

Recalling the APEC Putrajaya Vision 2040, APEC reaffirmed its commitment to pursuing strong, balanced, secure, sustainable and inclusive growth in the Asia-Pacific region.

APEC is determined to continue advancing sustainable development through an ambitious, proactive and integrated approach. We will build on the APEC Putrajaya Vision 2040 and the Aoteoroa Action Plan to achieve prosperity for all people and future generations.

By formulating the "Bangkok Goals for a Bio-Circular Green Economy", APEC will further achieve comprehensive and ambitious inclusive sustainable development goals and contribute to global action. APEC discussed ways to promote a bio-circular green economy, including promoting technological innovation, reducing waste, improving resource utilization efficiency, promoting sustainable business, and achieving more comprehensive, coordinated, balanced, inclusive, and sustainable growth.

APEC will support global efforts to comprehensively address all environmental challenges including climate change, extreme weather and natural disasters, especially promote climate mitigation, adaptation and resilience to achieve sustainable development, transition to a climate-resilient future global economy, and support the realization of the " Global efforts such as the United Nations 2030 Agenda for Sustainable Development and the goals of the Paris Agreement. Appreciate and support the zero-emission and carbon-neutral commitments made by APEC members. Recognizing the need to collectively address climate change and reduce greenhouse gas emissions, international support should be provided in key areas such as capacity building and technology funding.

Each economy promotes clean and low-carbon energy transformation through various paths according to its own conditions, strengthens energy resilience, promotes energy security, and ensures reliable and affordable energy. Recognizing the importance of stabilizing energy markets and transitioning to clean energy, we will further strengthen the Asia-Pacific region's ability to use renewable energy and clean low-emission energy technologies.

Promote sustainable, resilient, productive and inclusive food systems and agricultural practices to achieve food security and nutrition, reduce food loss and waste, encourage environmentally friendly policies, protect agricultural biodiversity, enhance the use of biotechnology, digitalization and Other innovative measures.

Promote inclusive and sustainable trade and investment, implement the APEC Connectivity Blueprint, strengthen the stability, resilience and sustainability of supply chains, and promote connectivity. Promote the facilitation of trade in environmental products and services, advocate responsible business practices, and develop sustainable tourism, manufacturing, agriculture, transportation, logistics, and green and low-carbon digital technology industries.

Promote gender equality, inclusion and women's empowerment. Strengthen the role of small, medium and micro enterprises, improve the sustainable development capabilities of small, medium and micro enterprises, and work together to promote the "specialization, specialization and innovation" of small, medium and micro enterprises, improve competitiveness and expand international market capabilities.

Promote sustainable use and management of natural resources and protect biodiversity. Strengthen the protection, sustainable use and management of marine resources and ecosystems, and develop sustainable fisheries and aquaculture. Continue to prevent and reduce marine waste and plastic pollution. Strengthen the fight against illegal logging and related trade, stop the degradation of forest ecosystems, and promote sustainable management and trade and consumption of legally harvested forest products. Promote diversity and inclusion in the conservation and management of the environment and natural resources.

Improve resource utilization efficiency and sustainable waste management to achieve "zero waste" and enhance sustainable production and consumption.

Adopt an inclusive approach to improve the living standards of all people and promote gender equality.

Continue to cooperate through structural reform and other aspects to cultivate a good business environment. Strengthen economic and technological cooperation to promote inclusive and sustainable growth. Improve the skill level of the labor force and promote employment. Promote the construction of high-quality infrastructure and create a favorable environment for technological innovation and digital development.

Various APEC mechanisms will jointly advance the above-mentioned agenda to achieve strong, balanced, safe, sustainable and inclusive growth.

(Editors in charge: Zhao Guangxia, Yuan Bo)

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