RCREEE starts its CDM Activities

March 2011, The Regional Centre for Renewable Energies and Energy Efficiency signed a Memorandum of Understanding with the CDM-JI Initiative MENA region.

The CDM/JI Initiative launched in June 2008 by the German Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) with the aim of promoting carbon market in the countries concerned by the initiative such as China, Brazil, India and the MENA region (Algeria, Egypt, Morocco and Tunisia) and helping German companies in meeting their emission reduction target the purchase of certified emission reduction (CERs). The MENA unit started operations in February 2009.