U.S. Will Help Spread Clean Energy Options
A group of industrialized countries, including the U.S., will invest $350 million over the next five years to foster clean energy technology in developing countries. The U.S. will contribute $85 million to the Climate Renewables and Efficiency Deployment Initiative; Britain, Norway and Switzerland have pledged $200 million.
The effort will include putting solar energy systems and LED lanterns in households without electricity, promoting the use of energy-efficient appliances, offering policy and technical assistance to developing countries and creating a clean energy information platform to coordinate activities.
The program will operate through existing programs, both governmental and independent, such as the International Finance Corporation’s Lighting Africa program and the U.S. Department of Energy’s Lumina Project.
U.S. Energy Secretary Steven Chu announced the plan in Copenhagen today and invited officials of the Major Economies Forum on Energy and Climate, a working group of the major greenhouse-gas emitters launched by President Obama, to a green summit next year.