Other Ministers from the UK and Irish Governments, the devolved administrations of the Scottish Government and the Northern Ireland Executive, the Government of the Isle of Man and the States of Jersey and Guernsey will also be the meeting at Stirling Castle.
The First Minister will highlight Wales’ potential to generate clean energy from marine power.
Speaking ahead of the summit he said:
"Marine energy is an area of great potential for Wales and I want us to be at the forefront of innovation, research and development.
"With our 1200km of coastline, deep sea ports and accessible grid infrastructure Welsh waters are ideally suited to meet the needs of the industry. The potential energy yields are enormous, with 6.2GW of estimated capacity or over 10GW including the Severn Estuary.
"The technological challenges are significant, but we have the chance to harness our natural assets in ways that grow our businesses and help create employment."
Deputy Minister for Skills Jeff Cuthbert will also be in Scotland with the First Minister to give an overview of the Welsh Government’s approach to youth employment.