The Asean region is widely considered as one of the world’s most vulnerable regions to the impacts of climate change.
As such, Brunei and other Asean nations place great importance on nature-based solutions for reducing emissions, addressing climate change and strengthening resilience, as the region holds significant value of the world’s carbon stock.
Brunei and Asean’s commitment in addressing climate change was highlighted by Minister of Development Awang Suhaimi Gafar at the G20 Energy and Climate Joint Ministerial Meeting.
In advancing nature-based solutions, Asean is set to launch an Asean Green Initiative and a Status Report on Investing in Sustainable Natural Capital in Asean later this year, he added.
Energy Ministry Dr Awang Mat Suny Mohd Hussein said that Asean continues to make progress in pursuing the goal of energy security to maintain and protect energy services against disruptions, while ensuring access to affordable, reliable and sustainable energy for all.
He also highlighted that the work in Asean complements and supports efforts undertaken in the G20 forum, including a Brunei-led initiative, the “Bandar Seri Begawan Joint Declaration on Energy Security and Energy Transition”.
The joint declaration will provide an opportunity to shape the regional energy outlook in ensuring current and future energy security; and accelerating the energy transition, towards a more prepared, dynamic and sustainable regional economic community. — Borneo Bulletin/ANN