Global Conference 2022

Financing Energy Transition through Climate Innovation: Sovereign Wealth Funds in the Eastern Mediterranean (Invite only)

Regional integration, through energy transition enabled by sovereign wealth funds and growing interregional trade, offers great promise in the Eastern Mediterranean. The Eastern Mediterranean Gas Forum (France, Egypt, Greece, Israel, Jordan, and the Palestinian Authority) is an intergovernmental organization enabling regional collaboration to lower upstream costs and make gas exports viable, thus monetizing natural resources for regional energy transition in the next two decades. The goal is to unlock the potential of blending offshore gas wealth, carbon sequestration and storage, and renewable energy. Can members work together to promote Egypt's viability as a natural gas hub and LNG exporter? Will to the coalition implement solutions for the Gaza Strip and Lebanon's economic collapse, while also addressing energy poverty in the region? Will it accelerate conversions from "dirty" fuels? Will it act as a regional catalyst, facilitating transition to net-zero economic growth by mid-century?