Energy Secretary Moniz Hosts Gathering of World’s Energy Ministers in San Francisco to Advance Technology Solutions, Accelerate Clean Energy Deployment
U.S. Energy Secretary Ernest Moniz hosted 23 governments and the European Union for the seventh Clean Energy Ministerial (CEM7) and the inaugural Mission Innovation (MI) Ministerial. At CEM7, three new global campaigns were launched: the Advanced Cooling Challenge, the Energy Management Campaign, and the Corporate Sourcing of Renewables Campaign. The countries also agreed to launch a new phase of collaboration – “CEM 2.0.”
In a second ministerial meeting also in San Francisco, the 20 Mission Innovation partners welcomed the European Union as the 21st member, and all members released their respective baseline investment and doubling plans. Collectively, the MI partners committed to double nearly $15 billion per year in baseline funding for global public investment in clean energy research and development, reaching just under a combined total of $30 billion per year by 2021.
As the first major gathering of global energy ministers since last December’s Paris Agreement, CEM7 and the MI Ministerial brought together clean energy leaders from around the world. This meeting represented a crucial step towards accelerating both the deployment of today’s clean energy technologies and innovation for the technologies of the future. Ministers committed to ambitious action on implementing policies and solutions to meet countries’ climate and clean energy goals.
The week also featured other clean energy-focused events including the Clean Energy Education & Empowerment (C3E) Symposium on Women in Clean Energy and the CEM Startups and Solutions Technology Showcase in San Francisco’s Union Square.
“CEM7 and MI are major driving forces for how the U.S. and global community can achieve the commitments made under the Paris Agreement,” said Secretary Moniz. “The outcome of these two meetings can play an important role in deploying clean energy technologies today and developing tomorrow’s solutions that will facilitate the world’s transition to a clean energy economy.”
Today, the U.S. Department of Energy (DOE) is also releasing Federal Financing Programs for Clean Energy, a resource guide to U.S. government programs that supports the development of clean energy projects in the U.S. and abroad.
Featuring more than thirty programs from ten agencies, the guide includes summaries and case studies of programs that can benefit private sector partners in finding capital for clean energy projects. Now in its third edition, the guide includes financing programs for both domestic and international projects. For every program listed, the guide identifies contact information to answer questions and provide additional direction. The guide includes programs from the U.S. Departments of Agriculture, Energy, Housing and Urban Development, State, Transportation and Treasury, along with the Environmental Protection Agency, Overseas Private Investment Corporation, and the Small Business Administration.