APEC - Asia-Pacific Economic Cooperation

10/21/2024 | Press release | Distributed by Public on 10/21/2024 18:26

APEC Finance Ministers Issue Joint Statement

Finance Ministers from the 21 APEC member economies released a joint statement at the conclusion of their meeting in Lima on Monday under the theme, "Sustainable + Digital + Resilient = APEC."

The statement reflects the outcomes of the 2024 APEC Finance Ministers' Meeting chaired by José Arista Arbildo, Peru's Minister of Economy and Finance. It describes joint actions to be taken forward by APEC member economies in the following priority areas:

  • Global and Regional Economy
  • Sustainable Finance
  • Domestic Carbon Pricing and Non-pricing Measures
  • Sustainable Energy Transitions
  • Sustainable Infrastructure Financing
  • Open Finance to Enhance Competition and Foster Innovation
  • Digital Financial Inclusion
  • Hydrometeorological Risk Financing
  • Modernization of the Finance Ministers' Process

View the 2024 APEC Joint Finance Ministerial Statement

and accompanying Chair's Statement

Finance Ministers also launched the Sustainable Finance Initiative for the coordination and promotion of voluntary information sharing and capacity building on sustainable finance issues. They further welcomed the adoption of the guidance document for developing a new roadmap and endorsed a strategy to modernize the Finance Ministers' Process.

Read the accompanying annexes to the joint statement:

Annex A. Sustainable Finance Initiative

Annex B. Guidance Document for Developing a New Finance Ministers' Process Roadmap

Annex C. Second Strategy for Modernization of the Finance Ministers' Process

For further details, please contact:

APEC Media at [email protected]