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TunisiaInclusive growth: CBCMed project gets UfM label
December 14, 2015
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The second phase of the project ‘Economic Development through inclusive and local employment’ (EDILE), initially funded by the EU and implemented under the CBCMed programme, has been labelled by the Senior Officials of the 43 Member States of the Union for the Mediterranean (UfM) during their meeting in Barcelona on 27 November.
The EDILE project formulates a regional approach to identify and support investments and best practices with high local impact. The purpose is to promote investments with high spill-over effects by creating a rating tool to measure the inclusiveness of investment projects associated with a label (EDILE label). The main targets are public and private investment project evaluators, private investors, civil society stakeholders and international financial institutions and other donors.
The first phase of the project, funded under the ENPI CBC Med Programme for an amount of €1.7 million allowed to develop a comprehensive tool box which helps public authorities in Tunisia, Lebanon and Palestine evaluate the actual impact of foreign investments on local economies. It also launched the EDILE label which rewards companies with inclusive performance in terms of local impact. With the UfM label, the second phase will consolidate Lebanon, Tunisia and Palestine, and expand EDILE to Morocco, Algeria, Egypt and Jordan.
The ENPI CBC Mediterranean Sea Basin Programme 2007/2013 is a multilateral cross-border cooperation programme funded by the European Union under the European Neighbourhood and Partnership Instrument. It aims at reinforcing cooperation between the EU and partner countries’ regions located along the shores of the Mediterranean Sea. (EU Neighbourhood Info)
Read more
EDILE project website and fact sheet
ENPI CBCMED – website
Cross-border cooperation – fiche
EU Neighbourhood Info Centre interview – Working across borders to bring people together
