Good morning. Thanks, Secretary Granholm, for the introduction.
It’s a pleasure to be right here with so many stakeholders of the Web Zero World Initiative. I wish to thank Secretary Granholm and the Division of Power for partnering with the Division of Commerce on this vital discussion board, in addition to the U.S. corporations, accomplice nation officers, U.S. Nationwide Laboratories, and representatives from throughout the U.S. authorities for being right here immediately.
I additionally wish to thank Deputy Particular Presidential Envoy for Local weather Rick Duke and Ukrainian Ambassador Oksana Markarova for becoming a member of immediately’s occasion.
As President Biden highlighted at COP27 final month, this Administration has made enormous strides towards placing the USA on monitor to attaining our Paris Settlement aim of decreasing emissions by 50 to 52 % by 2030 in comparison with 2005 ranges.
To fulfill this goal, we’ll rely closely on the innovation and dynamism of our personal sector – the American corporations, small and enormous– a lot of whom are represented right here immediately –that may develop and deploy cutting-edge applied sciences to decarbonize each side of our economic system.
As we’re all conscious, our decarbonization efforts should not taking place in a vacuum. The local weather disaster is a worldwide problem that requires partnerships with nations all over the world, together with growing nations.
The Web Zero World Initiative—the main focus of immediately’s discussion board—is a key mechanism of the Biden-Harris Administration to work throughout borders in live performance with key companions to sort out the local weather disaster and capitalize on the immense world alternative introduced by the clear power transition.
By means of our collaboration with the eight accomplice nations of Web Zero World, we’re working collectively to implement extremely tailor-made and actionable technical and funding methods to speed up power sector decarbonization. Web Zero World additionally understands that worldwide cooperation on the clear power transition can’t succeed by way of government-to-government cooperation alone. It’s going to require the enter and engagement of the trade stakeholders that present the cutting-edge applied sciences wanted to make the online zero transition a actuality.
Simply as they’re key to our local weather work right here in the USA, U.S. companies are companions of alternative for nations all over the world pursuing formidable local weather and clear power transition targets. And that’s why they need to characteristic prominently on Web Zero World in addition to different Administration priorities akin to climate-related tasks supported by the Partnership for World Infrastructure and Funding and the Clear Financial system Pillar of the Indo-Pacific Financial Framework for Prosperity. These efforts are a supply of unprecedented alternative, as the worldwide transition to internet zero emissions would require doubtlessly trillions of {dollars} of funding over the course of the approaching a number of a long time. In nations and key areas all over the world, the U.S. personal sector is a accomplice of alternative in effecting the clear power transition.
This transition additionally signifies that we have to proceed innovating and bringing new clear applied sciences to market, strengthening our provide chains to supply these crucial merchandise, and ramping up manufacturing to satisfy the big and rising demand for clear tech items and companies all over the world.
That’s why the Division of Commerce’s efforts to help U.S. companies and employees by way of exports consists of the U.S. Clear Tech Export Competitiveness Technique, which the Worldwide Commerce Administration just lately launched.
Beneath this initiative, now we have engaged in strategic efforts to reinforce alternatives and tackle challenges dealing with exporters of local weather options in areas that embody enhancing advocacy for U.S. corporations, rising our worldwide engagement on clear tech requirements and mental property safety, and growing focused commerce missions and commerce occasions.
Over the previous 12 months, our export promotion and advocacy efforts have facilitated U.S. firm participation in additional than $3.2 billion {dollars} in local weather and clear tech tasks overseas.
To place a finer level on it, the expertise, experience, and progressive options provided by U.S. clear tech corporations, I imagine, will play a crucial function within the success of Web Zero World partnerships, which is why now we have invited you right here immediately to this trade discussion board. All through the day, you’ll hear from accomplice nation and U.S. authorities officers about key wants and alternatives for personal sector engagement in clear know-how areas highlighted by Web Zero World.
And in immediately’s breakout discussions, we look ahead to listening to from you in your concepts for the right way to advance the work of Web Zero World in collaboration with trade and the way the U.S. authorities and accomplice nations can greatest tackle challenges and limitations to wash tech deployment so as to speed up the implementation of important decarbonization tasks.
I look ahead to seeing the good issues we obtain by way of the thrilling worldwide collaborations fostered by Web Zero World between the industries and governments of the USA and our accomplice nations.
With that, I wish to welcome the Division of Power’s Assistant Secretary for Worldwide Affairs, Andrew Gentle, who will present a deeper introduction to Web Zero World.