US and Mexico Bolster Cooperation on Renewable Energy Development
The United States and Mexico have signed several agreements to strengthen ongoing cooperative activities on energy development, conservation and preparation for the impacts of climate change on the two countries’ shared natural resources.
The agreements were signed on 25 February during the third round of the US-Mexico High-level Economic Dialogue (HLED) held in Mexico City.
In a Memorandum of Understanding (MoU) signed by the US Interior Secretary Sally Jewell on behalf of the US Department of the Interior, and Secretary Pedro Joaquín Coldwell on behalf of the Mexican Ministry of Energy, both leaders agreed to enhanced coordination on energy resources, including conventional, unconventional and renewable energy resources.
Highlighting safe and responsible development of both onshore and offshore energy resources, the MoU outlines several commitments between the US and Mexico to increase safety and transparency.
“As allies and partners, the economies of the US and Mexico are inextricably linked and a strong energy sector is a key part of that equation,” Secretary Jewell said.
“I commend Mexico for its ambitious energy reforms and look forward to partnering with its new regulatory institution, the Energy, Environment and Safety Agency, as we seek to develop energy safely and responsibly.”
Earlier this month, the US, Mexico and Canada signed a MoU on Climate Change and Energy Collaboration on six key areas, which comprise, among others, modeling, deploying and accelerating innovation of clean energy technologies, including renewable energy.