Nov. 24 (Bloomberg) -- The U.S. and India signed an agreement today to collaborate on energy security, energy efficiency, clean-energy technology and research to reduce greenhouse-gas emissions.

Secretary of State Hillary Clinton and Indian Foreign Minister S.M. Krishna signed the memorandum of understanding committing the two nations to mobilize public and private resources to support a fund to invest in clean-energy projects in India.

“By creating and implementing clean-energy technologies on a broad scale,” India and the U.S. can mitigate climate change and help people adapt to its effects, Clinton said after hosting a lunch with Vice President Joe Biden in honor of Indian Prime Minister Manmohan Singh.

The U.S. and India will work together on wind- and solar- energy development and clean-coal technology, including carbon capture and storage. The U.S. Environmental Protection Agency will help the Indian government set up a companion agency.

Singh and President Barack Obama earlier today affirmed their commitment to increase finance, technology and capacity- building to help developing countries meet targets for reduced emissions of greenhouse gases.

The leaders also promised to fully implement a landmark agreement to allow India to buy nuclear energy technology from the U.S. The deal was negotiated by the Bush administration.

“Our partnership will contribute to global efforts to combat climate change and achieve energy security,” Singh said.

To contact the reporter on this story: Indira Lakshmanan in Washington at ilakshmanan@bloomberg.net

Last Updated: November 24, 2009 16:02 EST