DE-RISKING RENEWABLE ENERGY INVESTMENT IN THE MEDITERRANEAN
Countries in the Middle East and North Africa are endowed with excellent sun and wind resources, and their potential for renewable energy is huge. However, despite ambitious national policies and targets and a recent increase in investments, renewable energy still accounts for a small share of primary energy consumption in this region and is unevenly deployed.
Against this background, the purpose of the session is to bring together public and private stakeholders to discuss the perspective of the renewable energy industry in the Middle East and North Africa, with a particular focus on facilitating private investments. The basis for the discussion will be the study carried out by the association RES4MED “Derisking RES investment – Survey on the main barriers affecting investments in Renewable Energy in the Mediterranean“, which assesses risks and barriers to RES investments in 4 countries: Egypt, Jordan, Morocco and Tunisia.
The authors will present the findings and the recommendations of the study. The presentation will be followed by a discussion with representatives from the industry, international financial institutions, policy makers, NGOs and think tanks.