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The Bureau of Energy Resources Highlights Efforts to Advance Energy Security and Decarbonization at COP 29 [1]

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Date: 2024-11

In response to Russia’s relentless missile, drone, and artillery attacks on Ukraine’s critical energy infrastructure, ENR has led the international community’s efforts to support the recovery and security of Ukraine’s energy system by chairing the G7+ ministerial group launched by Secretary Blinken in November 2022. G7+ partners in June 2024 announced an additional $1 billion at the Berlin Ukraine Recovery Conference to repair and strengthen Ukraine’s energy sector, bringing total U.S. and G7+ energy sector support since February 2022 to over $5 billion (more than $1.8 billion from the United States), used to procure and deliver thousands of tons of critical equipment to repair and bolster the supply of electricity, heat, and water to frontline Ukrainian communities. This support saved lives, strengthened Ukraine’s defense of its sovereignty, and enabled economic activity to continue.

Ukraine Energy Security: In response to Russia’s relentless missile, drone, and artillery attacks on Ukraine’s critical energy infrastructure, ENR has led the international community’s efforts to support the recovery and security of Ukraine’s energy system by chairing the G7+ ministerial group launched by Secretary Blinken in November 2022. G7+ partners in June 2024 announced an additional $1 billion at the Berlin Ukraine Recovery Conference to repair and strengthen Ukraine’s energy sector, bringing total U.S. and G7+ energy sector support since February 2022 to over $5 billion (more than $1.8 billion from the United States), used to procure and deliver thousands of tons of critical equipment to repair and bolster the supply of electricity, heat, and water to frontline Ukrainian communities. This support saved lives, strengthened Ukraine’s defense of its sovereignty, and enabled economic activity to continue.

ENR has spearheaded the Minerals Security Partnership (MSP), a coalition of countries committed to growing and diversifying global supply chains of critical minerals, particularly those utilized in clean energy technologies. MSP Partners have formalized engagement with minerals-rich countries through the MSP Forum and brought together more than 30 public finance development banks and export credit agencies through the MSP Finance Network. To advance American leadership on energy minerals, ENR has expanded outreach with the private sector on critical minerals supply chains through MINVEST, a public-private partnership with SAFE, an NGO focused on energy security. ENR has supported critical mineral supply chain diversification in more than 30 countries since 2020 through bilateral and regional foreign assistance through the Energy and Mineral Governance Program. For an overview of MSP accomplishments and activities, please see:

government and corporate decarbonization targets and economic growth. Since CEDI’s launch, over 100 companies have indicated demand for clean energy in 14 markets, translating into hundreds of billions of dollars in potential clean energy investment. Please see the website for more information:

The Clean Energy Demand Initiative (CEDI) is a public-private platform that connects countries with companies, across all sectors, that are looking to power their operations with clean energy. In partnership with the Clean Energy Buyers Association (CEBA), the initiative promotes policies, best practices, and power sector investments supporting

, ENR’s Power Sector Program delivered over 160 trainings, U.S. study tours and technical cooperation activities, benefitting over 4,500 foreign officials and partners globally. This includes the Japan-U.S.-Mekong Power Partnership (JUMPP) promoting clean energy technical engagement and regional power trade between Cambodia, Laos, Thailand and Vietnam.

Since 2021, the ENR’s Power Sector Program (PSP) has committed more than $40 million to decarbonize the power sector, create opportunities for American businesses, and strengthen grids through clean and advanced energy technologies and electricity market reforms. Since 2023

Enabling Clean Energy Deployment and Grid Reliability and Resiliency through the Power Sector Program: Since 2021, the ENR’s Power Sector Program (PSP) has committed more than $40 million to decarbonize the power sector, create opportunities for American businesses, and strengthen grids through clean and advanced energy technologies and electricity market reforms. Since 2023 , ENR’s Power Sector Program delivered over 160 trainings, U.S. study tours and technical cooperation activities, benefitting over 4,500 foreign officials and partners globally. This includes the Japan-U.S.-Mekong Power Partnership (JUMPP) promoting clean energy technical engagement and regional power trade between Cambodia, Laos, Thailand and Vietnam.

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[1] Url: https://www.state.gov/the-bureau-of-energy-resources-highlights-efforts-to-advance-energy-security-and-decarbonization-at-cop29/

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