FIREMED gathered more than 130 people between SMEs, investors, policy makers, banks and investment funds at the event “Smart Sustainable Innovation” #innovationBCN2014 about financial tools in the renewable energy sector More info in: http://www.firemed-project.eu/transnationalevent-barcelona/

1. UfMS Energy Division

2. UfMS Energy Division
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 Project Promotion
 Therefore, activities of the UfM in the field of energy, according to the
Work Program, are focused on two pillars:
 The UfM is evolving to be a Regional Platform for its Members,
industrialists, financial institutions, regional organizations and experts.
 Regional Dialogue / Technical Cooperation

3. Regional Dialogue
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Efficient Policy and
Regulatory Frameworks
Capacity Building Personnel Empowerment
Technology Transfer &
Know-How sharing
Job Creation
Public Awareness &
Promotion of Clean Energy
Identify areas of deficiencies in:
Financial Issues

4. Regional Dialogue
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Define best approach to address needs as evaluated by
Member States
Tailored Programs
Capacity Building
Educational Programs
Governance &
Policy Analysis
Training Exchange Program
Vocational and Technical
Assistance Programs
Workshops

5. 5
Project Promotion
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Developing partnerships to build a sound environment for
investments in the Mediterranean Region
• Mapping of RE/EE Projects in the UfM Region
• Developing Strategic Partnerships
• Energy Business Forum
• Financial Tools

6. Project Promotion: Financial Tools
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MSP-PPI (Project Preparation Initiative)
Urban Energy Efficiency Program for the
Mediterranean
FEMIP Sustainable Energy Facility

7. Project Promotion: Financial Tools
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MSP-PPI (Project Preparation Initiative)
Target: helping promoters to properly accomplish and finance the
prefeasibility and feasibility studies
The UfMS will continue close coordination with the steering committee of the
MSP-PPI and will work with partners to best activate this initiative, in line with
the vision of the Member States and with this work program.
The financial assistance is intended to support investment projects which are
already at an advanced stage of preparation, and which have a high
probability of being financed and implemented in a reasonable timeframe.
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8. Project Promotion: Financial Tools
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MSP-PPI (Project Preparation Initiative)
MSP-PPI covers projects in the following areas:
• Renewable Energy: Proven RE technologies, including wind, solar (PV
and CSP), sustainable biomass, small hydro.
• EE and energy savings projects in all sectors (e.g. industry, housing,
transport) including combined heat and power (CHP).
• Projects connecting RE projects to the national grid.
Eligible project preparation activities concern mainly preparatory studies and
expert advice for the preparation of the projects technical specifications and
tender documents. Expected cost must be between EUR 0.05m and EUR
0.5m.
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9. Project Promotion: Financial Tools
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Urban Energy Efficiency Program for the
Mediterranean
Target: unlock significant energy efficiency and small renewable energy (EE
and small-RE) investments in Mediterranean urban areas
The UfMS will coordinate with partner financial institutions (leaded by EIB)
and EC in order to assess the feasibility of a program that could offer both
technical advice (TA) and financing for eligible projects. The focus of such a
facility would be the support to public investments integrating EE and small-
RE in Southern and Eastern (S&E) Mediterranean cities.
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10. Project Promotion: Financial Tools
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Urban Energy Efficiency Program for the
Mediterranean
There is a large potential for EE and small RE investments in MPCs’
expanding urban areas. The “Med-ELENA” study found that an estimated
EUR 16.7 billion investment potential exists in urban areas of the MPC’s
which could be implemented by 2030.
This figure covers different types of investments, notably EE and RE in new
and existing buildings, EE and RE in urban infrastructure (street lighting,
water and waste systems, etc.), and urban transport. They generate sizeable
energy savings and support climate change mitigation in a particularly
vulnerable region.
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11. Project Promotion: Financial Tools
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Urban Energy Efficiency Program for the
Mediterranean
The EE Programme could provide technical assistance services to
encompass the entire project cycle from project identification, support to
defining the TA needs, support for project preparation (e.g. technical
studies, energy audits, procurement process), including financial
structuring, up to implementation & commissioning supervision.
The facility could be structured to accommodate the provision of financing
from participating IFIs, and possibly investment grants covering part of the
project costs as appropriate.
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12. Project Promotion: Financial Tools
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Urban Energy Efficiency Program for the
Mediterranean
Category of investments:
• Energy efficiency and renewables in new and existing buildings,
including residential/social housing, or public services such as
education and hospitals, such as:
• Insulation, energy efficient design, EE appliances, etc.
• Solar water heaters, photovoltaic installations, etc.
• Energy efficiency and renewables in public infrastructure:
• Street lighting.
• District heating & cooling systems or tri-generation.
• Improving energy efficiency and using renewables in urban
transport.
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13. Project Promotion: Financial Tools
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FEMIP Sustainable Energy Facility
Target: providing credit lines to local financial institutions in Jordan and
Morocco to finance EE and small RE investments
The product combines intermediated lending with a strong technical
assistance component, often reinforced with investment incentives for final
beneficiaries and administration fees for financial intermediaries.
This facility is co-financed by EBRD, KFW, AFD and EIB and aims at providing
EUR 110 million of credit lines with EBRD as the Lead Financier. The project
includes a grant component financed through the Neighbourhood
Investment Facility (NIF) covering up to 15% of the loan amount.

14. UfMS Energy Division
energy@ufmsecretariat.org
www.UfMSecretariat.org
Thank you for your kind attention