Endorsed by all participating countries
The Belt and Road Energy Partnership (BREP) is an international energy cooperation platform, built for participating countries to collectively tackle challenges facing global energy development by preserving the ecological system, addressing climate change, enhancing energy security and maintaining sustainable development. BREP upholds the concept of extensive consultation, joint contribution and shared benefits, and aims at attaining common development and prosperity in energy sector for participating countries through mutually beneficial cooperation.
I.Objectives
BREP, abiding by the mission of promoting concrete international energy cooperation, aims to:
1.Facilitate communication and coordination among participating countries in energy policy, development planning, laws, regulations and etc.;
2.Strengthen infrastructure connectivity, facilitate energy trade and contribute to the development of an open and stable global energy market;
3.Enhance energy investment and industrial-capacity construction cooperation by lowering investment barriers, improving investment environment and reducing project financing costs in the whole value chain of the energy industry along the Belt and Road;
4.Facilitate cooperation in innovation and dissemination of advanced technologies in the whole energy industry while protecting intellectual property;
5.Promote cooperation in clean energy and energy efficiency, so as to address climate change, secure universal access to affordable, reliable and sustainable modern energy service; and
6.Enhance cooperation in capacity building and personnel training.
II.Cooperation Principles
BREP will uphold the following principles:
1.Openness and inclusiveness. BREP encourages the participation of all governments, businesses, financial institutions, think-tanks and international or regional organizations in energy cooperation. BREP recognizes and respects the respective commitments of the participating countries arising from their membership in international organizations and regional economic or political integration organizations and their rights to independently pursue the development paths of the energy sector in accordance with their national conditions.
2.Shared benefit and win-win cooperation. While accommodating the interests and concerns of all participating countries, BREP promotes energy cooperation in different forms, be it bilateral or multilateral, regional or global.
3.Market-based operation. BREP recognizes the important role of businesses and the market. BREP respects international laws, and participating countries’laws and regulations, and market rules, as applicable.
4.Energy security. BREP respects and accommodates participating countries’ core interests and major concerns in energy security, and attaches great importance to the security of cross-border energy transmission pathways and transnational energy projects.
5.Sustainable development. BREP promotes the development of sustainable energy for all, gives high priorities to environmental protection, energy efficiency and energy transition, and strives to encourage the efficient and clean development and utilization of energy resources.
6.Social responsibility. In an effort to stimulate local economic and social development in the participating host countries, BREP encourages technology transfers and the training of local human resources while respecting intellectual property.
III.Concrete Actions
1. The Belt and Road Energy Ministerial Conference
BREP will biennially hold the Belt and Road Energy Ministerial Conference which is open to energy ministers, heads of international organizations and business leaders, where the priorities and action plans for international energy cooperation will be discussed.
2. Personnel training and capacity building
BREP will hold demand oriented training and capacity building programs for different groups of personnel, including:
a)Refresher Course for Energy Ministers, which serves as a platform for ministers and senior officials from the energy administrations to keep up with the latest trend of global energy development. Thematic brainstorm sessions, roundtable discussion and site visits could be included in the Course;
b)Belt and Road Energy Talents Development Program, which aims to improve the skill sets of energy policy researchers and technical and management personnel from participating countries, in an effort to comprehensively enhance their talent pool in the energy sector.
3. Intergovernmental policy coordination and cooperation
BREP will, based on members’ requests, organize different types of activities and events to bolster intergovernmental policy coordination and cooperation, so as to guide enterprises to conduct more fruitful cooperation and improve the energy security and affordability of participating countries. BREP respects the individual circumstances and needs of each participating country, and seeks to combine their respective advantages to build up complementarities and synergies.
4. Bilateral and multilateral project cooperation and technology exchange
BREP will provide platforms for bilateral and multilateral project cooperation and technology exchange in renewable energy, intelligent energy systems, clean use of fossil fuel and distributed energy, among others in reciprocal, fair, transparent and market-based ways. BREP will draw on these concrete cooperation projects to disseminate advanced energy technologies and new business models, and create more opportunities for the innovative SMEs in participating countries.
5.Liaison with international organizations
BREP may establish appropriate relations with existing relevant organizations.
Editor:Cherie
