Libya is located in North Africa, with the Mediterranean Sea to the north. It is bordered by Egypt, Sudan, Chad, Niger, Algeria, and Tunisia. Libya is vulnerable to heavy rainfall during winter, which often causes flooding in roads and streets within city centers. As the country is 95 percent desert, it is also at risk of droughts and desertification. Strong dry winds blowing over the desert also result in sandstorms and dust storms that obscure the sun and reduce visibility to almost zero.
Investing in libya
CIF’s investment in Libya is through its Clean Technology Fund (CTF). Motivated by objectives of energy security, climate change mitigation, and regional integration in the Mediterranean, this investment is done through the $490-million Middle East and North Africa (MENA) region's concentrated solar power (CSP) initiative. It is supporting the development of 960 megawatts of new CSP capacity across Egypt, Tunisia, Morocco, Jordan, and Libya. Libya is also among the MENA countries and Algeria to be participating in a CTF-supported technical assistance program that aims to lay down the foundation for scaling up CSP technologies by addressing sector-wide weaknesses, such as the absence of a regulatory framework as well as a lack of capacity and knowledge.