The EU and Uruguay have decided to step up their cooperation in pursuing the clean energy transition by signing a Memorandum of Understanding on renewable energy, energy efficiency and renewable hydrogen.
The Memorandum sets out objectives and paves the way for a future roadmap outlining specific activities supported by the Global Gateway investment strategy. Potential areas of cooperation include the review and deepening of actions and policies for the promotion of energy efficiency as well as exchanges regarding policies on renewable energy and renewable hydrogen and its derivatives.
This Memorandum of Understanding provides us with a basis to guide and intensify our work on these matters, as we both strive to reach climate neutrality by 2050
… said President of the European Commission Ursula von der Leyen
It also underlines that investments in renewable energy, energy efficiency, and renewable hydrogen and its derivatives need to comply with the relevant environmental legislation related to marine and land sectors in both the EU and Uruguay, to ensure that we tackle in parallel both the climate and biodiversity crises.
The agreement was signed at the EU-CELAC Summit in Brussels by Commissioner for Energy Kadri Simson and Uruguay’s Minister for Foreign Affairs Francisco Bustillo Bonasso, in the presence of European Commission President Ursula von der Leyen and President of the Oriental Republic of Uruguay Luis Lacalle Pou.
The Memorandum of Understanding is part of the European Union – Latin America and the Caribbean Global Gateway Investment Agenda that President von der Leyen presented yesterday at the EU-LAC Business Round Table.
