EU-funded meetMED workshop to point the finger at risks and barriers for the financing of energy efficiency and renewable energy resources in the Mediterranean

03-12-2019
Blue solar panel
Blue solar panel
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The EU-funded meetMED project is organizing a workshop on the Investment Climate for energy efficiency (EE) and renewable energy (RE) in Selected Mediterranean Countries on 4 December in Rome, Italy.

The workshop aims at presenting the reports on Algeria and Palestine that meetMED has prepared on the investment climate in the energy sector, the energy market structure, successful business models and the legislative framework for EE and renewable energy sources (RES) investments. The project was asked to investigate and gather updated information on the national economy of Algeria and Palestine, as two representative meetMED target countries, in order to examine the root causes of policy and regulatory risks and barriers for the financing of EE and RES that are affecting the investment climate in most of the Mediterranean countries. The collected data have been gathered in two different meetMED Investment Country Reports, aimed at giving a brief and up-to-date picture of the EE and RES markets in Algeria and Palestine.

The reports will be presented in the presence of the representatives of the public and private sector, financing institutions and banks, experts and researchers, regional and international organizations as well as of the civil society. Possible solutions to overcome legislative and institutional gaps will be identified.

The EU-funded project meetMED – Mitigation Enabling Energy Transition in the Mediterranean Region - fosters the energy transition in the Mediterranean, by contributing to improved security of energy supply, enhanced climate change mitigation actions and the promotion of renewable energy sources and energy efficiency at regional and country levels.

 

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