SEMed Private Renewable Energy Framework “SPREF”
The SEMed Private Renewable Energy Framework (SPREF) aims to stimulate the development of private renewable energy markets in Egypt, Jordan, Lebanon, Morocco and Tunisia. SPREF is promoted by the European Bank for Reconstruction and Development and labelled by the Union for the Mediterranean. The framework provides efficient financing mechanisms and targeted technical cooperation support for the implementation of renewable energy projects in these countries. SPREF supports countries to meet renewable energy targets and avoid CO2 emissions. Launched in 2015 and endorsed by UfM in 2016, SPREF is in line with the objective of the UfM Energy Platforms to promote renewables and energy efficiency in the Mediterranean region.
This project is promoted by the EBRD and labelled by the UfM.