COP22 – Launch of an innovative framework aimed at boosting the development of private renewable energy markets

14 November. Marrakech.

In the framework of the REE Platform, the UfM will launch an innovative framework aimed at boosting the development of private renewable energy markets in Morocco, Tunisia, Egypt and Jordan.

The project will promote efficient policy dialogue and the development of effective financing mechanisms to directly stimulate investments and encourage local private energy companies to invest in renewable energies in the beneficiary countries. This project will be launched on 14 November at 9 a.m. at the European Union Pavilion.

The Union for the Mediterranean: towards a COP22 Mediterranean Agenda

In accordance with its mandate, the Union for the Mediterranean is deeply involved in the drive for a Mediterranean climate change agenda. Sustainable development issues (water, the environment, climate change, energy, sustainable urban development, the blue economy, transport, climate financing) are at the heart of the UfM’s priority areas for strengthening regional cooperation.

The UfM therefore wishes to take advantage of the COP22 as an opportunity to act upon certain activities initiated in 2015 and 2016 and that could be integrated into the process of implementing the Paris Agreement. The aforementioned activities can be found here.