USTDA Brings U.S. Industry Together to Advance Climate-Smart Infrastructure in Emerging Markets
Washington, DC – In conjunction with the Leaders Summit on Climate, President Joseph R. Biden Jr. launched the U.S. Trade and Development Agency’s Global Partnership for Climate-Smart Infrastructure – an initiative with U.S. industry and government partners that will deliver clean energy and transportation solutions to emerging markets around the world. President Biden announced the partnership during a keynote speech on the broad economic benefits of climate action and the importance of ensuring that all communities and workers benefit from the transition to a clean energy economy.
“Nations that work together to invest in the cleaner economy will reap rewards for their citizens. The United States is committed – we are committed to making those investments to grow our economy here at home while connecting with markets around the world,” said President Biden. “For example, we are launching a new Global Partnership for Climate-Smart Infrastructure. This will create good-paying jobs here in America by supporting development of new, clean infrastructure in our partner countries. These are the sort of partnerships that are going to be good for all of us.”
“USTDA’s Global Climate Partnership reflects the bold action that the Biden Administration is taking to demonstrate America’s commitment to tackling the climate crisis and rallying the rest of the world,” said USTDA Acting Director Enoh T. Ebong. “It will help put the world on a sustainable climate pathway using American technology made by American workers. And it will help build more modern and resilient infrastructure for our overseas partners.”
USTDA’s launch partners for the Global Climate Partnership include U.S. industry groups whose members produce innovative energy and transportation sector technologies and can deploy them around the world. These partners include the American Clean Power Association, Intelligent Transportation Society of America, National Electrical Manufacturers Association, Solar Energy Industries Association, and the U.S. Chamber of Commerce. U.S. government launch partners include the U.S. Departments of Commerce, Energy and Transportation, and the Export-Import Bank of the United States.
This partnership with U.S. industry leverages USTDA’s project preparation and partnership-building activities in emerging markets. Since 1992, USTDA has supported $4.1 billion in U.S. climate technology and services exports from 350 communities across the United States, including $337 million in exports from 180 small U.S. businesses.
As part of the launch, USTDA has released a Global Climate Partnership webpage to connect American companies with the latest information on the business opportunities associated with this initiative, including press releases related to USTDA’s growing climate-smart investment portfolio, requests for proposals for U.S. companies to bid on USTDA-funded activities, upcoming climate-related partnership building activities, and real-time emerging market trade leads.
For more information on USTDA’s climate-smart investment portfolio, please view USTDA’s Global Climate Partnership Fact Sheet.
The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries. In 2020 every $1 USTDA invested in its programs generated $112 in U.S. exports. USTDA has facilitated $74 billion in U.S. exports since its founding in 1992, supporting 4,000 infrastructure activities in 139 countries.
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