Remarks at the Connecting the Americas 2022 Ministerial
Remarks
Hillary Rodham Clinton
Secretary of State
Waldorf Astoria Hotel
New York City
September 27, 2012
SECRETARY CLINTON:
Okay. Thank you all very, very much. I apologize that we were running
late. We were running late from a prior meeting about security, citizen
security. Now we are moving toward energy security, an equally important
subject that really can determine how quickly and inclusively growth
can take place in the Americas.
I want to thank my friend and colleague, the Foreign Minister of
Colombia, for co-hosting this event and co-chairing our discussion, also
the Inter-American Development Bank, the World Bank, the Organization
of American States, and all of you. I will be very brief before turning
it over.
Connecting the Americas 2022 was aimed at making sure that citizens,
businesses, schools, hospitals all had a reliable, sustainable supply of
electricity. In some places in the Americas, that’s not an issue, but
in many others it still is. It’s expensive, unreliable, and in some
places still unavailable.
So what we want to do is pursue the goal endorsed by our leaders at
the Summit of the Americas to get to the goal of universal access to
electricity by 2022. And that strategy was based on enhancing electrical
interconnections, increasing investments in the power sector,
developing renewable energy sources, and increasing cooperation.
This last point, increasing cooperation, is key. It is a security
issue, it’s obviously a power issue, and it’s a political issue. We need
to build trust and partnerships among governments and the businesses of
the Americas. We need to show leadership and resolve in doing this. I
firmly believe that Connecting the Americas is good for everybody and it
will increase the economic pie by bringing more people into reliable,
affordable, electric resources.
It is very clear we need strong policy and regulatory frameworks.
That’s the only way cross-border electricity will work. We also have to
raise hundreds of billions of dollars in private investment to achieve
this goal. Clear, fair, and predictable rules will attract investment
and encourage investors. And we need to make our case to all
constituencies that by working together we can protect our environment,
we can limit the social risks that communities face by expanding
connectivity.
It’s a complex undertaking. The United States stands ready to work
with all of you as a partner on bringing electricity to all the people
of the hemisphere. We created, four years ago, the Energy and Climate
Partnership of the Americas, ECPA. A year ago, I created an Energy
Bureau in the State Department. Our ambassador who heads that, Carlos
Pascual, is here. We’re providing technical assistance. We just had a
conference in Guatemala last week with regulatory agency representatives
and private companies to discuss how to create a strong and effective
regional power market. Next month, Ambassador Pascual will represent the
United States at the Caribbean Renewable Energy Forum. And on the
margins of CREF, we will hold our annual Energy Dialogue with our
partners in the Caribbean, just as we’ve done every year I have served
as Secretary.
Now, I just want to echo the calls that you will hear. We need
concrete targets, timelines, if we expect to stay on track to achieve
the goal by 2020. I think this is a win-win. I know that there are
problems between countries, between private sector partners and public
sector partners. I am certainly not naive about that. I get it. But this
is a time for leadership and it’s a time to seize opportunities that
will make everybody richer, and I’m all for that. And so let’s make sure
that we have universal access to electricity in this hemisphere. I am
convinced that the Western Hemisphere, North and South America alike,
are poised for incredible progress. But this is one of those obstacles
that holds us back.
So with that, Maria Angela, please take the floor.