The environmental degradation in Lebanon is expected to have serious repercussions on the food, energy, water security and a negative impact on vital sectors including health, tourism and agriculture.
The financial industry is expected to play an instrumental role in financing the transition to a more resilient, inclusive and green economy. Financial institutions and markets would support the ongoing global structural transformation towards sustainable development by efficiently re-directing public and private resources towards more socially, environmentally, and economically sustainable activities.
Through SwitchMed, SCP/RAC promotes the creation of a National Impact Investing Task Force with the aim of stimulating the local discussion 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.
Against this background, the National Impact Task Force will collectively help define a vision on how financial institutions could enable the transition and contribute to the sustainable development of the local and regional economy. The national Task force will also seek to identify focus areas for concrete next steps and leveraging experiences from other countries.
The National Impact Task Force will be held in 3 different online sessions on Thursday, 10th February 2022, Wednesday,23rd February 2022 and Wednesday, 9th March 2022 at 10.00-11.30 AM (Beirut time). Register to it below.
Click on the different links below to register to the Zoom sessions.
Registration link: https://us02web.zoom.us/meeting/register/tZYldOGsrDwiEtamySTDQB2lrJU0euz2faSD
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Time |
Programme |
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11:00- 11:10 |
Opening remarks Claudia Pani, Project Manager, SCP /RAC |
| 11:10- 12:15 | Session : The role of financial institutions to build a strong approach for sustainable finance in Lebanon Session Objective The session would highlight the necessity for emerging markets to implement responsible systems to boost future economy that is environmentally and socially aware and maintain competitive advantage in the global economy. During this session the results of the Sustainable Finance Survey conducted in the Mediterranean region will be shared. Also, participants are invited to share their challenges to invest in green start-ups in Lebanon. The first session will focus on how the business service providers can improve their services to answer both the investors’ needs and investees’ demand. |
| 12:15 -12:30 | Closing remarks |
Registration link: https://us02web.zoom.us/meeting/register/tZUqcOuorTssGNZGWjwDMqSO4uFy_odAxa-5
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Time |
Programme |
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11:00- 11:10 |
Opening remarks |
| 11:10- 12:15 | Session: Unlocking finance mechanism to positively impact the local and regional economy Session Objective This interactive session will discuss key priorities and opportunities to mobilize the financial sector in supporting the transition to a low-carbon, resource-efficient and resilient economy. The different financial mechanisms for social and green enterprises in the country will be outlined and the different actors of sustainable finance in Lebanon will be presented with the intention to develop a national sustainable strategy. The second session will facilitate the dialogue among different players the international donors, service providers and investors to enable the access to finance and the growth of green start-ups in the country . |
| 12:15 -12:30 | Closing remarks |
Registration link: https://us02web.zoom.us/meeting/register/tZIvdOCqpzgpHtbvfoYoRXdp28RihtacDrIU
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Time |
Programme |
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11:00- 11:10 |
Opening remarks |
| 11:10- 12:15 | Session: A collective approach for scaling up green innovation Session Objective The session will explore mechanisms for partnerships and action steps to improve the match-making activities. The third meeting will lead to the creation of a platform to connect all the ecosystem to facilitate the alignment between finance offer and finance demand. |
| 12:15 -12:30 | Closing remarks |
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