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Grant From Italian Ministry for the Environment Now Operational

The Italian Ministry for the Environment, Land, and Sea (IMELS) has offered Lebanon a 5 Million Euros grant hosted by the Central Bank of Lebanon (BDL). The grant will be offered to final beneficiaries willing to implement energy efficiency and renewable energy projects in Lebanon through the NEEREA financing mechanism. The grant will cover 10% of the amount of any loan taken under NEEREA given that not less than 60% of the value of the project covers products and/or services by Italian SME’s. The grant will be used in all economic sectors except the residential sector. The 10% grants would be reserved once the project proposal is checked and considered eligible by the technical team of LCEC, and will be disbursed once the actual implementation of the project is checked by the LCEC team. LCEC encourages all interested parties to benefit from this new initiative. Italian enterprises will be present as part of a large Italian pavilion at the upcoming International Beirut Energy Forum 2017.

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Beirut

Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.

ECO INITIATIVES

  • A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
  • The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on  Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
  • A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.

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