Energy Security for Latin America and Caribbean: Clean Energy and Stability
This Act aims to establish a lending program for Latin American and Caribbean countries to help them meet short-term energy needs and transition to clean energy sources. The goal is to enhance regional energy security, support sustainable growth and stability, and promote U.S. technologies and services. Citizens in these countries may experience improved energy access, more stable prices, and new jobs related to green energy.
Key points
Zero or low-interest loan program for Latin American and Caribbean countries for energy projects.
Support for transitioning to renewable and clean energy sources, reducing carbon emissions.
Requirement that funds not be used to purchase commodities from companies linked to the governments of China or Russia.
Preference for democratic countries respecting human rights and economic freedom.
Status:
Expired
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