Tunisia: Sustainable Investment Task Force held its first meeting
December 21, 2021
The first national meeting of the Sustainable Investment Task Force took place in Tunis on 10 December 2021. This initiative, led by the Regional Activity Centre for Sustainable Consumption and Production (SCP/RAC) and its local partner, the Centre International des Technologies de l’Environnement de Tunis (CITET) in the framework of the SwitchMed programme, brought together almost 50 representatives of organisations currently working in the green and circular economy sector, including Expertise France, GIZ, the European Commission, Smart Capital, Enda, and Redstart, in to discuss the possibilities of investment support for companies in the sector.
During the first part of the day, participants had access to the results of the regional survey on sustainable finance, launched last September by SCP/RAC, which highlighted that the sectors of the green economy in Tunisia which present the most interesting opportunities from a financial standpoint are:
– 60% Sustainable food and agriculture
– 50% Renewable energy and energy efficiency
– 30% Sustainable tourism
During the day, four start-ups also shared their experiences and the difficulties they have faced in securing investment. The task Force was also able to identify several issues as being particularly important for promoting the adoption of sustainable investment practices.
This work will continue into the first quarter of 2022, focusing on identifying key points on which to work together in order to foster an approach which is better adapted to the needs identified.