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EU invests 3.7 mn euros to support green, circular economy in Lebanon

By IANS | Updated: June 24, 2023 06:00 IST

Beirut, June 24 The EU has allocated 3.7 million euros ($4 million) to fund 2Circular, a project implemented ...

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Beirut, June 24 The EU has allocated 3.7 million euros ($4 million) to fund 2Circular, a project implemented by the United Nations Industrial Development Organisation (UNIDO) to support the green and circular economy in Lebanon.

A statement released by UNIDO on Friday said that "the 2Circular project aims to partner with over 50 food and beverage companies to create momentum for green and circular production in Lebanon".

According to the statement, the project will award a total of 280,000 euros in in-kind grants to 10 companies that are resource-efficient and circular-friendly, Xinhua news agency reported.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: United nations industrial development organisationeuBeirutEu CouncilLebanonEu CommissionEu Customs UnionEu CommissionerEu BankLebanese American UniversityEu Ministers
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