Published in: Press Releases

IsDB and RCREEE Partner to Map Renewable Energy Resource Centers in MENA Region

Author rcreee

Published on: January 22, 2024

IsDB and RCREEE Partner to Map

Renewable Energy Resource Centers in MENA Region

15 January  2024 – The Islamic Development Bank (IsDB) and the Regional Center for Renewable Energy and Energy Efficiency (RCREEE) officially launched their partnership in an online meeting held on Monday 15 January 2024.

Both institutions reiterated at the occasion, their commitment to work together to advance the agenda of renewable energy and energy efficiency in the Arab region and beyond.

The focus of this collaboration between IsDB and RCREEE is on mapping renewable energy public and private Resource Centers (RCs) from the Middle East and North Africa (MENA) region. These RCs are institutions that have longstanding experience and strong track record in renewable energy technologies, policies, project development, and investment support.

The mapping will enable both institutions to have a roster of renewable energy Research Centers that can be involved in projects and programs supporting IsDB member countries’ efforts for energy transition.

Also, this collaboration will pave the way to further future potential collaboration in the renewable energy sector through South-South Cooperation.

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IsDB: The Islamic Development Bank is the pioneering AAA-rated Multilateral Development Bank (MDB) of the Global South, working to improve the lives of those it serves by promoting social and economic development in its 57 Member Countries and beyond, delivering impact at scale.

RCREEE: The Regional Center for Renewable Energy and Energy Efficiency is an intergovernmental organization with diplomatic status that aims to enable and increase the adoption of renewable energy and energy efficiency practices across pan-Arab countries.