I2U2 takes partnership forward, announces joint space venture
space venture on the margins of the United Nations General Assembly in New York to take forward their partnership.
“Primarily using the space-based observation data and capabilities of the four I2U2 partner countries, this project aims to create a unique space-based tool for policymakers, institutions and entrepreneurs, enabling their work on environmental and climate change challenges and furthering our cooperation in the applications of space data for the greater good of humanity,” according to a readout by the State Department following the announcement on Friday.
Meanwhile, Under Secretary of State for Economic Growth, Energy, and the Environment Jose W.
Fernandez this week signed a Memorandum of Understanding with the U.S.-UAE Business Council, the UAE-India Business Council, and the UAE-Israel Business Council to create the I2U2 Private Enterprise Partnership.
This new public-private partnership will work to increase awareness of the I2U2 initiative in business communities and support projects and other efforts that further the goals of the initiative.
The four-nation grouping also launched its website to enhance cooperation between the member countries and partnerships across the globe.
The public-private partnership aims to draw greater awareness to the potential of the I2U2 Initiative, particularly in the seven key sectors, namely water, energy, transportation, technology, space, health, and food security.
