Mediterranean Renewable Energy Programme
- The Mediterranean Renewable Energy Programme (MEDREP) was launched by Italy as a type II initiative at the World Summit on Sustainable Development (WSSD) in Johannesburg .
- MEDREP takes advantage of the co-Chairmens Report (Italy and United Kingdom) of the G8 Renewable Energy Task Force and specifically the outlined goal of reducing renewable energy technology costs by expanding markets and building a strong market environment for renewable energy. The report recommends that "countries should help to develop and demonstrate renewable energy projects where (i) renewables are a least cost option on a life cycle basis and /or (ii) renewables can achieve protection of local and/or global environment at reasonable costs."
Project number | n/a | ||
---|---|---|---|
Subject(s) | no translation available , no translation available | ||
Acronym | MEDREP | ||
Geographical coverage | Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestine, Syria, Tunisia, Turkey | ||
Budget (in €) | 4000000 | ||
Programme | International program | ||
Web site | http://smap.ewindows.eu.org/fol120392/prj897677 | ||
Objectives | - The two principal objectives of the programme are: * to provide modern energy services, particularly to rural
populations; - In this perspective, the programme strives to develop a sustainable renewable energy market system in the greater Mediterranean region through three main sub-projects: * tailoring financial instruments and mechanisms to support
projects;
|
||
Results | Developing a sustainable renewable energy market system; “Tradable Renewable
Certificates”; “Certified Emission Reductions”;
- Identification of policies and institutional barriers;
* village-scale mini-grids, - Assessment of the emerging market instruments; Technical/economic assessment and policy framework review of RE potential; Identification and development of financing sources and mechanisms options for the projects financial support; Establishment and implementation of MEDREC (Mediterranean Renewable Energy Centre) activities; Dissemination of information in different sectors; Strengthen existing networks; Steering Committee. |
||
Period | [01/06/2002 - 01/06/2010] |