News, Sports, Entertainment

The European Union is investing €3.7 million to support Lebanon’s circular green economy


BEIRUT, June 24 (IANS) The European Union has allocated 3.7 million euros ($4 million) to fund 2Circular, a project implemented by the United Nations Industrial Development Organization (UNIDO) to support Lebanon’s green and circular economy.

“The 2Circular project aims to partner with more than 50 food and beverage companies to create momentum for green and circular production in Lebanon,” said a statement issued by UNIDO on Friday.

According to the statement, the project will provide a total of 280,000 euros in in-kind grants to 10 resource-efficient and mainstream-friendly companies, Xinhua reported.

The project was launched in partnership with the Lebanese Ministries of Industry, Economy, Trade, Environment and Finance, the Association of Lebanese Industrialists, and the Federation of Chambers of Commerce, Industry and Agriculture.

– Jans

int / khz /

Leave A Reply

Your email address will not be published.