Zurich, Switzerland, and Madrid, Spain, 5 July 2016 - The European Bank for Reconstruction and Development (EBRD), with financial backing from Spain, is supporting the transition to low carbon economies in the Southern and Eastern Mediterranean (SEMED) region with the launch of a new series of market-based programmes to reduce carbon emissions. The 3-year long contract has been awarded to a consortium led by the Spanish firm INCLAM CO2 and includes partners such as South Pole Group, TYPSA, AENOR, Enviro Consulting International (ECI) and the Egypt National Cleaner Production Centre (ENCPC). The consortium will work in close collaboration with the renewable energy project sponsors, authorities in the SEMED region as well as the Spanish Climate Change Office from the Ministry of Agriculture, Food and Environment of Spain.