Canada, the US and Mexico had signed a Memorandum of Understanding (MoU) to cooperate on climate change in Winnipeg, Canada.
- These three countries will work together and share information in key areas like low-carbon electricity, clean energy technologies, energy efficiency, carbon capture, use and storage, climate change adaptation, and reducing emissions from the oil and gas sector.
Key Highlights about the deal
- They all work together to ensure that the energy sector of North American is developing effectively, efficiently and responsibly.
- Under the agreement they launched a web platform featuring new energy maps.
- The Energy products of 167 billion Canadian dollars ($120 billion) from these three countries were trade in 2015 across the world.
- On November 30, 2015, Canada, the US and Mexico announced their participation in Mission Innovation, along with 17 other countries. Participating governments have committed to doubling their investments in clean energy research and development over five years.
- The agreement will be helpful to energy users and stakeholders.
- The deal will help the northern America in the energy sector.
- Capital of US – Washington, D.C.
- President of US – Barack Obama
- Currency of US – US dollar
- Capital of Mexico – Mexico City
- President of Mexico – Enrique Peña Nieto
- Currency of Mexico – Mexican peso
- Capital of Canada – Ottawa
- Prime Minister of Canada – Justin Trudeau
- Currency of Canada – Canadian dollar
- US Secretary of Energy – Ernest Moniz
- Mexican Secretary of Energy – Pedro Joaquin Coldwell
- Canada Secretary of Energy – Jim Carr