The European Union has unveiled the Trans-Mediterranean Renewable Energy and Clean Tech Cooperation (T-MED), a flagship initiative under the Pact for the Mediterranean, aimed at accelerating the growth of renewable energy and clean technology across the Mediterranean region.
Announced during the European Sustainable Energy Week by Dubravka Šuica and Dan Jørgensen, the initiative seeks to drive investment in renewable energy, hydrogen, clean-tech manufacturing, and modern electricity networks. T-MED is expected to help create a more sustainable, integrated, and interconnected Mediterranean energy market.
The programme aims to mobilise up to €25 billion in investments by 2035. To support this goal, the European Commission has allocated more than €5 billion in guarantee capacity through the European Fund for Sustainable Development Plus, helping unlock both public and private sector funding.
By 2035, T-MED is expected to facilitate the development of 15 gigawatts of new renewable energy capacity, promote regulatory reforms among partner countries, and support the creation of over 100,000 jobs in clean energy industries.
The initiative is structured around five core pillars: investment mobilisation, regulatory cooperation, skills development, infrastructure modernisation and renewable energy trading, and clean-tech industrial collaboration.
To kick-start implementation, the Commission has opened a Call for Expressions of Interest for private investors—including banks, asset managers, and impact funds—until 15 June, while project developers and promoters can apply until 15 August. The first operational meeting of the T-MED Investment Platform is scheduled for October 2026 under the leadership of the European Commission.
Looking ahead, the EU expects the first Mediterranean clean-tech industrial partnerships to emerge by 2027, fostering collaboration between companies on both shores of the Mediterranean.
T-MED forms part of the broader Pact for the Mediterranean, which was launched in Barcelona on 28 November 2025 to deepen cooperation between the EU and countries across the Middle East and North Africa.
