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TESSA – Energy transition and sustainable and inclusive economic growth in Lebanon through the development of green SMEs

Lebanon

Status

Implementation

Aid type

Project-type interventions

Lebanon


Location

-

€ 3,600,000
Committed
€ 2,160,000
Used

Description

The general objective of the initiative is to contribute to the energy transition and to sustainable and inclusive economic growth by promoting green business activities and employment in Lebanon. This initiative does this by: promoting the development of green businesses: precisely because the centralised energy management is unreliable and inefficient, green solutions are more promising; it is a question of supporting them in terms of better structuring, access to credit and growth. Training of the necessary skills and professional profiles: paradoxically, there are companies that are looking for employees and cannot find them, and training centres that train people who cannot find any work. The promotion of an enabling regulatory and institutional environment: in particular, policies in favour of green investments are needed (e.g. regulation of EPC-Energy Performance Contracting), in order also to foster a renewed relationship of trust at country level. The three-year initiative aims to: Raise awareness among 300 Lebanese companies on the advantages of green business and train 50 companies in the elaboration of their Green Business Plans (Result 1) Accompanying 20 companies in the implementation of their Green Business Plan, through technical, managerial, legal, networking and credit assistance with lenders in Lebanon; economic support of the project to 10 Green Business Plans according to additionality and impact criteria (Result 2) Support 3 training centres in the preparation of professional profiles needed for the development of green enterprises and in the formalisation of job placement mechanisms starting from the identification of companies’ needs of competences (Result 3) Stimulate multi-stakeholder dialogue and the proposal of 3 guidelines for the improvement of policies in the areas of energy transition, business development and job placement (Result 4) read more close
Year Committed Used
2022 € 3,600,000 € 2,160,000

Agency

Type Name Channel code
Government AICS - Italian Agency for Cooperation and Development 11000

Channel reported

Type Name Channel code
National NGO ISTITUTO PER LA COOPERAZIONE UNIVERSITARIA ONLUS 22000

Project data

  • IATI IDXM-DAC-6-4-012590-05-8
  • Expected start date 2022/07/01
  • Completion date -
  • Finance type Standard grant
  • Flow type ODA
  • Bi/Multilateral Bilateral
  • Status Implementation
  • Tied status Tied

Sectors

  • 11330 - Vocational training 23%
  • 16020 - Employment creation 4%
  • 23110 - Energy policy and administrative management 10%
  • 23210 - Energy generation, renewable sources - multiple technologies 27%
  • 25010 - Business policy and administration 5%
  • 25030 - Business development services 15%
  • 32130 - Small and medium-sized enterprises (SME) development 16%

Policy markers

  • Gender Equality not targeted
  • Disaster Risk Reduction (DRR) not targeted
  • Disability not targeted
  • Nutrition not targeted
  • Aid to Environment significant objective
  • Participatory Development/Good Governance significant objective
  • Trade Development significant objective
  • Aid Targeting the Objectives of the Convention on Biological Diversity not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Mitigation significant objective
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Adaptation not targeted
  • Aid Targeting the Objectives of the Convention to Combat Desertification principal objective
  • Reproductive, Maternal, Newborn and Child Health (RMNCH) not targeted

Goals

  • 7.2 - By 2030, increase substantially the share of renewable energy in the global energy mix
  • 7.b - By 2030, expand infrastructure and upgrade technology for supplying modern and sustainable energy services for all in developing countries, in particular least developed countries, small island developing States and landlocked developing countries, in accordance with their respective programmes of support
  • 8.3 - Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
  • 8.5 - By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value
  • 8.6 - By 2020, substantially reduce the proportion of youth not in employment, education or training
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