Energy Efficiency and Renewable Energy project preparation programme in urban areas of the Mediterranean Partner Countries
The main conclusion of this assessment is that the investment potential and the identified needs justify the creation of ELENA-MED, a facility designed to finance technical assistance and provide funding for eligible projects. The facility should include active project identification and selection and the technical assistance should encompass all phases of the project, from design to final commissioning. The EIB, or other participating IFIs, may then provide loans to bankable and technically sound projects.
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