This statement is based on the welcome speech delivered by Prof. Rym Ayadi, “The Role of Credit Guarantees to Finance Adaptation to Climate Change in the Mediterranean,” at the Euro-Mediterranean Guarantee Network (EMGN) Spring Academy 2025, held on 26–27 May in Istanbul, Türkiye.
In her address, Prof. Ayadi emphasized that: “Credit guarantee schemes are essential levers to unlock private investment and bridge the financing gap in climate adaptation and mitigation. By effectively managing risk, aligning incentives, and enhancing ESG performance, they empower Mediterranean communities and businesses to build resilience, drive sustainable growth, and collectively accelerate the journey towards achieving the Sustainable Development Goals.” The Spring Academy of 2025 was organised by the Euro-Mediterranean Guarantee Network (EMGN), led by the Euro-Mediterranean Economists Association (EMEA) and the European Institute of the Mediterranean (IEMED) in collaboration with the Development Guarantee Group, the Green Guarantee Company, and the International Labour Organization (ILO). The Academy is hosted by the Union for the Mediterranean (UfM) as a side event to the Sustainable Digital Week. Link to Prof. Ayadi’s speech video
