Greening the Palestinian Economy

About this project

This action will further leverage opportunities provided through joint programming. Concretely, it will provide the means to further develop and implement Team Europe Initiative ¿Sustainable Growth, Jobs and Resilience¿, to be led following the division of labour agreed upon amongst Member States. This action recognises that the private sector is the main leverage to generate growth and jobs supporting green transition in Palestine. Palestine faces the urgent need to address some major environmental and climate challenges. A robust and comprehensive green economy strategy is to be articulated and implemented, with Private Sector as the core actor of it. In line with the objectives agreed among European Development Partners , namely ¿promoting sustainable private sector development¿ and ¿enhancing farmers resilience¿, the proposed action is articulated along three broad areas: 1.    Promoting the adoption of innovative green technologies by the private sector; 2.    Enhancing access to green finance to private investors; and 3.    Developing a sound enabling framework for environmental and economic policies. The action comprises four interventions (Component 1 ¿Green Economy Hub¿, Component 2 ¿Agrifood system transformation¿, Component 3 ¿Rural Finance Inclusion in Palestine¿, Component 4 ¿Climate and Environment action¿), respectively focused on SMEs green competitiveness, climate-smart agribusiness, rural fina…

Goals

Sustainable Development Goals this project works towards

• 1No Poverty
• 2Zero Hunger
• 5Gender Equality
• 8Decent Work and Economic Growth
• 9Industry, Innovation and Infrastructure
• 12Responsible Consumption and Production
• 13Climate Action

Published by

European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations · Other public sector

Countries

Palestinian Territories

Sectors

Agricultural financial servicesEnvironmental policy and administrative managementSmall and medium-sized enterprises (SME) developmentAgro-industries

Focus

Gender equality · Also contributesEnvironment · Main focusGood governance · Also contributesClimate mitigation · Also contributesClimate adaptation · Also contributes

Published by European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations to the International Aid Transparency Initiative (IATI), last updated 30 Jan 2025 and imported automatically. IATI identifier: XI-IATI-EC_NEAR-2022-ACT-60600.

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