Clima-Med, the newly launched project funded by the European Union to support the transition towards sustainable, low-carbon and climate-resilient development in eight South Mediterranean countries, will take part in the 9th edition of the IBEF, one of the major networking events in the region.
ES-MED financial experts met with the 9 affiliated cities in the Maghreb countries, covered by the project - Algeria, Tunisa and Morocco, to examine opportunities for new investments in the region whereby Priority projects for funding were selected and project fiches were updated. 
The Jordanian Municipalities participating in the CES-MED project registered end of last year for the Covenant of Mayors. This was the right time to proceed with support to the financing of selected energy projects, by the Project Financing expert. Today, about 460 million people live in countries in the Mediterranean region. Of these, two-thirds live in urban areas concentrated in coastal zones. The southern Mediterranean countries account for over 30% of the region’s population and this percentage is continuously increasing. Most cities in the southern Mediterranean region face similar challenges related to urban development, energy supply, and environmental management, particularly with regards to water and waste management. Needs in areas of urban management are particularly significant: e.g. transport systems, water and waste infrastructure, clean energy and energy saving.
Hence, over the coming years, needs related to urban development and sustainable energy are expected to increase sharply in view of growing population and limited sustainable planning and management capacities.
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