I am very excited to sign a Protocol of Intent on energy efficiency cooperation between USAID and the Russian Energy Agency. Russian Minister of Energy Sergei Shmatko and Secretary Chu will witness the signing. The Russian Energy Minister is here to take part in the first-ever Clean Energy Ministerial, which is being hosted by the U.S. Department of Energy.

Working under the protocol, USAID will link U.S. and Russian utilities and regulators to share best practices and to exchange lessons learned about smart grids. I am convinced that bringing people together will accelerate development and deployment of clean energy technology. We really need it to fight climate change!

The USAID protocol is part of a larger effort aimed at fulfilling Presidents Obama and Medvedev’s commitment to jointly promote energy efficiency and clean energy. I am so pleased to be able to get this protocol in place little more than two months after I first met with Russian energy officials in Moscow back in May. I am now headed back to Russia to keep this initiative moving forward.

Read the Press Release.