•The Secretariat of the Union for the Mediterranean (UfM) actively participated in the COP23, in Bonn, where it presented a study on the situation of climate finance in the region.
•The study reveals that the Southern and Eastern Mediterranean region has, during the last years, received an annual amount of around USD 7 billion in climate financing. The majority of this sum is used for climate mitigation projects.
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On the threshold of the next United Nations Climate Change Conference (COP23) to be held this year in Bonn in Germany, euro-mediterranean youth took the lead of gathering 80 volunteers from both shores of the Mediterranean who made a trip from Marrakech to Bonn in 20 electric vehicles in order to raise awareness about climate change and how to travel sustainably.
The Forum, organised a few days before the World Energy Day, aimed to provide tangible solutions for an enhanced regional cooperation on energy and climate action and a more active involvement of the private sector in the Euro-Mediterranean energy transition.
UfM Member States seek to foster regional sustainable development by ensuring that all consumers and industries have access to a secure, sustainable, affordable and reliable energy supply and to modern energy services.
18 October 2017, Cairo. – The Secretariat of the Union for the Mediterranean will organize the first UfM Energy and Climate Business Forum: Releasing renewable energy opportunities in the Euro-Mediterranean Region, on 18 October 2017 in Cairo, Egypt. The event is organised under the auspices of government of Egypt, in cooperation with OME (Observatoire MéditerranéenRead more
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.
UfM Regional Platform on Energy Context and Objectives Policy framework Documentation Key dates Key partners Related news Context The Mediterranean region is currently grappling with significant energy challenges. According to the Observatoire Méditerranéen de l’Énergie (OME), per capita energy demand in Southern and Eastern Mediterranean countries is projected to rise by 62% by 2040, basedRead more
•The UfM Secretariat co-organised the UNFCCC 2017 Forum of the Standing Committee on Finance in Rabat, on 6-7 September.
•The Secretariat is conducting a study on climate finance in the Mediterranean to provide a clear overview of the funding flows for climate action in the region.
6-7 September, Rabat. – The mandate of the Standing Committee on Finance is to assist the COP in exercising its functions with respect to the financial mechanism of the Convention. The Standing Committee on Finance (SCF) annually organizes a forum to communicate and exchange information among key stakeholders dealing with climate change finance in orderRead more
27 August – 1 September 2017, Stockholm. -The UfM Secretariat will co-organise a side event at the United Nations Development Programme World Water Week in Stockholm. For further information about the event, please contact Water & Environment Division: water@ufmsecretariat.orgRead more
