How can RES and EE projects boost local economic growth and create jobs in the Mediterranean region?

How can RES and EE projects boost local economic growth and create jobs in the Mediterranean region?

During the last decade, the Southern and Eastern Mediterranean Countries (SEMCs) have demonstrated their political will and commitment to deploy innovative green energy alternatives.

Besides their positive environmental effects, RE and EE projects can have major economic impacts. Hence, the newly released meetMED report maps the impact of RE and EE projects on local economies and labour market, by identifying the number of jobs created, as well as the employment factor, per technology and all along the value chain. Particularly, the report focuses on Tunisia, Egypt and Lebanon.

The meetMED experts also prepared a regional proposal to investigate the possibility to create a regional impact assessment tool to calculate employment generated by RE and EE projects. This tool would be able to measure the net employment as well as the qualitative and quantitative assessment of the industrial, technological and professional qualifications and abilities needed in the SEMCs.

Read the full report here.

Read the full regional proposal here.