Sustainable finance: Lebanon and Tunisia implement National Impact Investing Task Forces
November 11, 2021
SwitchMed announced that Lebanon and Tunisia are the first two countries to implement task forces aiming at enabling the adoption of Sustainable Investing solutions at national and regional levels.
The National Impact Investing Task Forces in Lebanon and Tunisia will:
– Stimulate local discussions between potential investors, private and public finance institutions, donors and other relevant stakeholders about the needs and opportunities to advocate for and promote the adoption of sustainable finance solutions on benefit of a more resilient business ecosystem.
– Stimulate and promote the adoption of investing for impacts initiatives;
– Facilitate the alignment between finance offer and finance demand;
– Cooperate to integrate sustainable finance principles at ecosystem level;
The National Impact Task Forces will then have the ambition to define, by the end of their mandates that covers one year activities, a vision on how financial institutions could enable the transition and contribute to the sustainable development of the local and regional economies.