U.S. Support for the Sustainable Energy for All Global Action Agenda
The UN Secretary General’s Sustainable Energy for All (SE4ALL) initiative represents an important opportunity for the international community to address issues critical to the future of sustainable development, energy access, and economic growth. Expanding the use of efficient and clean energy technologies is a priority of the Obama Administration, domestically and internationally, and increasing energy access is a central challenge facing the world.
The United States supports the principles of the Global Action Agenda developed by the SE4ALL High Level Group through existing and planned activities across a broad range of U.S. Government agencies. As reported elsewhere in official documents, the U.S. is providing substantial grant, loan and loan guarantee resources, from both Congressionally-appropriated funds and under loan and loan guarantee authorities, of about $2 billion in FY11 for clean energy. The Administration looks forward to working with the Congress on activities in FY12 that will build on and sustain this USG priority. These funds are helping to create a sound policy, regulatory and institutional framework for project investment and financing from private and international sources as well as directly leveraging investment. Support for innovation and energy technology partnerships is also an important focus. In building viable and sustainable energy markets, U.S. support helps create opportunities for American exports in renewable energy, power generation and energy efficiency technologies.