APEC Energy Ministers last met in Cebu, The Philippines, on 13 October 2015. They issued the Cebu Declaration and Instructions. Ministers emphasized the importance of energy resiliency in the face of the effects of man-made and natural disasters and established a new Energy Working Group Task Force to take this work forward. Ministers also welcomed the new APEC Initiative for Enhancing the Quality of Electric Power Infrastructure, taking various factors into consideration, including resilience to disasters, lifecycle costs and environmental impacts. Ministers also instructed officials to implement an APEC Green Energy Finance Initiative in support of the financial sustainability of renewable energy and energy efficiency development in the region.