Middle East Economic Survey

VOL. LIII

No 26

28-Jun-2010

REGIONAL

EIB Launches Mediterranean Carbon Fund

The European Investment Bank (EIB) and four other European public financial institutions have announced plans to launch the Mediterranean Carbon Fund (MCF) to support the deployment of low-carbon projects in poor Mediterranean countries. It will provide expertise at the country level as well as provide additional financing for renewable energy, waste management and energy efficiency projects...