APEC Digital Innovation to Facilitate SMEs’ Green Transformation


APEC Digital Innovation to Facilitate SMEs’ Green Transformation

1. Introduction

To respond to the emerging global digital economy and the unfolding trend of ESG, the prime objective of this initiative is to assist SMEs in developing corresponding digital innovation. Promotion of best practices and policies in relation to digital innovation applications in the fields of the circular economy, energy conservation and carbon reduction is expected to accelerate SMEs’ green transformation.

Generally speaking, this initiative is a strong response to the key issues, including innovation, digitalization, and digital empowerment of MSMEs, stated in the APEC Putrajaya Vision 2040, 2021 APEC Leaders declaration, and annual statements of SME Ministerial Meetings. This initiative also corresponds to the 2022 APEC priority area “promoting balance, sustainability, and inclusivity in all aspects”, and the Bio-Circular-Green (BCG) economy model stated in the policy paper by the host economy Thailand.


2. Objectives

1) collect digital tools that can be applied in the circular economy toward environmental sustainability;

2) diffuse digital skills to increase awareness of resource efficiency for the purpose of social inclusion;

3) provide methods to integrate digital platforms in enhancement of information disclosure and capital efficiency regarding corporate governance.


3. Main Activities Proposed 

1) APEC Digital Innovation to Facilitate SMEs' Green Transformation Forum

2) APEC Digital Innovation to Facilitate SMEs' Green Transformation Feature Report




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