US signs MOU with Caribbean to promote sustainable energy

The US Trade and Development Agency (USTDA), the US Department of Energy (DOE) and the Inter-American Develop-ment Bank (IDB) on Wednesday signed a memorandum of understanding (MOU) to promote the sustainable use of energy in the Caribbean region.

According to a press release from the IDB, the MOU creates a framework for cooperation to promote programmes and activities that foster the transformation of the energy sector in the Caribbean.

It is intended to increase energy security, reduce energy vulnerability, and promote renewable energy, energy efficiency, and