CAMENA is a climate action envelope within the FEMIP Trust Fund (FTF) created with the support of the UK’s Department for International Development (DFID) to fight climate change in the Mediterranean region. CAMENA does this by providing financial grants to regional partners for specific climate initiatives. Operations financed by CAMENA typically identify or prepare climate action projects, facilitate fund actions that act as a catalyst for climate investment or provide finance for risk capital operations.
CAMENA operations are financed by the United Kingdom, the sole contributor to the CAMENA envelope.
The EIB uses donor funds to enhance the development impact of investment projects. CAMENA provides project technical assistance and risk capital.
Countries eligible for funding: Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestine* and Tunisia.
Cross-border or regional projects are also welcome.
* This designation shall not be construed as recognition of a State of Palestine and is without prejudice to the individual positions of the Member States on this issue.