Tunisia to Launch Green Economy Financing Program

The European Bank for Reconstruction and Development is set to launch the "Financing the Green Economy in Tunisia" program on November 16, 2026, in Tunis. The event will bring together representatives from government agencies, financial institutions, private sector companies, business associations, and investors. The program aims to introduce financing mechanisms, technical assistance, and incentives for green economy projects in Tunisia.

The program, launched in collaboration with the European Union, seeks to enhance the competitiveness of the private sector and support Tunisia's transition to a sustainable economy. According to the European Bank for Reconstruction and Development, the initiative is the first of its kind in Tunisia and will provide €59 million (approximately TND 200.9 million) in unsecured loans to up to six local financial institutions.

These financial institutions will then provide loans to small and medium-sized enterprises. The financing will focus on investments in energy efficiency, renewable energy, climate change adaptation, and the circular economy. The program also aims to support the Tunisian government's efforts to promote sustainable economic growth and reduce its environmental footprint.

The launch event will feature a panel discussion on financing Tunisia's transition to a green economy, presentations on the program's implementation, and a signing ceremony with participating financial institutions. High-ranking officials, including George Akhalakasti, head of the European Bank for Reconstruction and Development's office in Tunisia, and Mike Taylor, director of financial institutions for the Middle East and Africa, will attend the event.

Emmanuel Amaral, head of cooperation at the European Union's delegation to Tunisia, will also participate in the event, along with representatives from the Ministry of Industry, Mines, and Energy. The program is expected to have a positive impact on Tunisia's economy and environment, promoting sustainable development and reducing the country's reliance on fossil fuels.

The European Bank for Reconstruction and Development's initiative is part of a broader effort to support Tunisia's economic development and promote sustainable growth. The program will also provide technical assistance and capacity-building support to local financial institutions, helping them to develop and implement green financing products and services.

The launch of the "Financing the Green Economy in Tunisia" program marks an important step towards achieving Tunisia's sustainable development goals and reducing its environmental impact. The program's success will depend on the effective implementation of its financing mechanisms and the participation of local financial institutions and businesses.

Key points

• The program will provide €59 million in unsecured loans to support investments in energy efficiency, renewable energy, and sustainable development in Tunisia.