The Union for the Mediterranean (UfM) is organising its first Energy and Climate Business Forum in Cairo in October, seeking to promote the role of the private sector in the field of renewable energies.
The ‘UfM Energy and Climate Business Forum: Releasing renewable energy opportunities in the Euro-Mediterranean Region’ will take place on 18 October 2017, organised under the auspices of the Egyptian government, in cooperation with the Observatoire Méditerranéen de l’Energie, and the World Alliance for Efficient Solutions, and with financial support from the government of Sweden.
The event will bring together high-level government representatives from the UfM region, stakeholders, private sector investors, international financial institutions and successful investment cases, with the aim of identifying business opportunities and providing updated information and networking.
The Forum is in line with the UfM roadmap aiming to “foster regional cooperation in the energy sector (interconnections, interdependency, efficiency, renewable energy, energy mix)”, and in direct articulation with the UfM Strategy for the private sector.
Private sector development is key to seizing existing business opportunities and fostering regional integration in the Mediterranean. The UfM seeks to promote investment and the development of a stronger private sector in the Mediterranean region in order to contribute to the economic development of the region.