To elevate the importance and benefits of scaling private-to-private renewable markets in the Mediterranean region at COP27, EBRD and UfM are organizing a high-level panel to discuss the latest trends, potential and challenges in this segment in SEMED. EBRD has been active in promoting and financing the private-to-private renewables for C&I in SEMED and has success models that have high potential for expanding the market in the continent. The panel will be a discussion between hi-level decision makers of private sector and government on how the segment can be further developed and replicated specifically in Egypt, Morocco, Tunisia, and Jordan. Private sector is critical to the energy transition plans of these countries, and it is important to get their perspectives of the enabling ecosystems needed to mobilize large scale private finance for this market segment.
Objectives of the panel:
– Take stock of the progress to develop private-to-private renewable energy across the region.
– Regulation that is required to allow for scaling up of private-to-private renewable energy.
– Financing needed to scale private-to-private renewable market.