The region will be facing a 98% increase in energy demand by 2040. The challenge ahead lies in attracting energy investment to reinforce the transition towards a sustainable and resilient economy.
The UfM Member States have to date endorsed three specific projects on renewable energy production and professional training, aiming to mobilise €1 billion worth of investment in the region.
The first Energy Business Forum, organised by the UfM to foster cooperation and dialogue amongst Mediterranean countries, will take place next 18 October in Cairo.



