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Financing and investing in green energy and climate adaptation is crucial for North Africa, a region with immense potential for green transition and resilience-building yet facing escalating climate change impacts.
The region's green energy potential can be the basis for a renewed partnership between North African countries and the EU, centered on energy security and shared benefits from investment in green industrialization, renewable energy, and the hydrogen economy. However, governments are critical of European unilateral trade measures like the Carbon Border Adjustment Mechanism and fragmented international finance for green energy infrastructure.
North Africa is at the forefront of climate resilience and adaptation. Countries in the region have initiat ...