The Atlantic Council Turkey Program is organizing the launch of its new report on “Great sea connections: Financing the Eastern Mediterranean’s energy transition,” on the afternoon of Tuesday, June 17, on the sidelines of the Global Energy Forum in Washington, DC.

The report proposes frameworks for innovative financial mechanisms to simultaneously advance technological leapfrogging, economic development, and regional cooperation in the Eastern Mediterranean region.

The renewable energy revolution offers not just cleaner power, but a practical foundation for cooperation through shared infrastructure and capital flows. The region’s energy future is as much about finance, diplomacy, and institutional trust as it is about technology. This new report by the Atlantic Council aims to explore how financial mechanisms can bridge historic divides and support a shared energy transition.

Opening remarks

Frederick Kempe
President and CEO,
Atlantic Council

Defne Arslan
Senior Director, Turkey Programs and AC in Turkey,
Atlantic Council

Speakers

Lee Beck
Nonresident Senior Fellow, Global Energy Center,
Atlantic Council;
Senior Vice President for Global Policy and Commercial Strategy,
HIF Global

Karim Elgendy
Executive Director,
Carboun Institute;
Associate Fellow,
Chatham House

Ebru Özdemir
Chairperson, Limak Holding;
International Advisory Board Member,
Atlantic Council

Eser Özdil
Nonresident Fellow for Energy, Turkey Programs,
Atlantic Council;
Founder and Managing Director,
GLOCAL Group Consulting, Investment, & Trade

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Report

Jun 17, 2025

Great sea connections: Financing the Eastern Mediterranean’s energy transition

By Karim Elgendy

This report proposes frameworks for innovative financial mechanisms to simultaneously advance technological leapfrogging, economic development, and regional cooperation in the Eastern Mediterranean region.

Africa Energy & Environment

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The Atlantic Council in Turkey aims to promote and strengthen transatlantic engagement with the region by providing a high-level forum and pursuing programming to address the most important issues on energy, economics, security, and defense.