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TunisiaEBRD and EU launch new programme to support Lebanese enterprises
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are bolstering their support for Lebanon’s private sector with a new €12.5 million programme aimed at helping small and medium-sized enterprises (SMEs) foster resource efficiency practices and promote circularity measures.
The Bank will deploy EU funds to enhance the sustainability practices of Lebanese SMEs and help them adopt circularity approaches through three main tools: capacity building, tailored advisory services, and grants to support the adoption of technologies and solutions.
With this new nine-year programme, the EBRD and the EU aim to help companies in the industrial sector – primarily in the food and beverage value chain – become more sustainable and reduce their carbon emissions. Capacity-building activities will help raise awareness in the market of the importance and commercial viability of resource efficiency and circularity projects. In addition, with bespoke advisory services, the Programme will help SMEs identify the most suitable solutions for improving their use of resources and adopting circularity approaches.
To support the implementation of recommended measures, a selection of SMEs will receive EU-funded Resource Efficiency and Circularity Grants to help them install the pre-identified projects.
Countries covered:
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Lebanon
