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17-11-2016

14/11: UfM launches two major Mediterranean initiatives at COP22.

The Secretariat of the Union for the Mediterranean (UfM) is participating in this year’s COP22 to launch regional initiatives for the successful achievement of the Paris Agreement targets in the Euro-Mediterranean region.

Together with the European Commission, the UfM launched the Renewable Energy and Energy Efficiency Platform, which aims to ensure that all citizens and businesses of the region have access to secure, affordable and reliable modern energy services. The second initiative, the SEMED Private Renewable Energy Framework, was launched together with the European Bank for Reconstruction and Development. This €227.5 million financing framework aims to stimulate the development of private renewable energy markets in Morocco, Tunisia, Egypt and Jordan.