European Bank for Reconstruction and Development (EBRD) and European Union (EU) Launch Green Economy Financing Initiative in Tunisia
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are launching a new green economy financing initiative in Tunisia on Monday, aimed at supporting local businesses in their ecological transition. Dubbed the "Green Economy Financing Mechanism", this initiative seeks to encourage investments in sustainable technologies and environmentally friendly practices, in partnership with Tunisian banks and financial institutions. During the launch conference, representatives from the EBRD and the European Union will present their green financing strategies and programs to support private investment. The event will bring together public, private, and banking sector stakeholders to discuss national priorities for developing a green, resilient, and competitive economy, as well as challenges and opportunities for the financial sector. A roundtable discussion will highlight the EBRD's role in supporting the sustainable growth of small, medium, and very small Tunisian enterprises (SMEs/VSEs), considered a crucial lever for ecological transition. The ceremony will also be marked by the signing of two cooperation agreements with Tunisian financial institutions, cementing new partnerships in green financing. Since the start of its operations in Tunisia in 2012, the EBRD has invested nearly €2.8 billion in 83 projects across the country, with 67% of these investments going to the private sector, confirming its central role in Tunisia's sustainable economic development.
