RCREEE co-organizes meetMED II online meeting on "Access to Finance"

November 2, 2021: Under meetMED II activities, RCREEE in cooperation with Agence Nationale pour la Maîtrise de l’ Energie (ANME) and Italian National Agency for New Technologies, Energy and Sustainable Economic Development (ENEA) organized an online meeting tackling “Access to Finance”.

Following the work implemented in first phase of the meetMED (2018-2020), meetMED II is catalyzing regional expertise and knowledge to facilitate dialogue between banks, financial partners, institutions, public and private operators, and improving the visibility of existing funds. Accordingly, the secretariat will be able to propose innovative mechanisms for funding projects in the fields of buildings and appliances and assist project holders to get access to finance with a focus on public buildings, tertiary and industrial sectors. 

Under this theme, meetMED team presented an overview of the activities planned to facilitate access to finance in meetMED beneficiaries countries. In addition, representatives from the Southern Eastern Mediterranean region presented a number of case studies including Egypt, Jordan, Morocco, Tunisia, Greece, Spain and Italy. Speakers focused mainly on the national context and current financial initiatives in their countries and challenges facing access to finance for energy efficiency in buildings and appliances.

About meedMED II:

The Mitigation Enabling Energy Transition in the Mediterranean region (meetMED) project is an EU-funded project, developed by the Mediterranean Association of the National Agencies for Energy Management (MEDENER) and the Regional Centre for Renewable Energy and Energy Efficiency (RCREEE).

Following the success of its first phase (MEETMED I, from 2018-2020), meetMED project commences its second phase aiming to enhance the energy security of beneficiary countries (namely Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, Palestine and Tunisia) while fostering their transition to low carbon economy. Accordingly, meetMED II will be contributing to the creation of more stable, efficient, competitive and climate-resilient socioeconomic contexts in the targeted countries.

MeetMED II activities aim at strengthening the implementation of EE measures and improving countries’ energy mix focusing on building and appliances’ sectors through a multiscale, multi-partner and inclusive approach at local and regional levels, thereby fostering regional cooperation.

More details: www.meetMED.org