The policy paper focuses on the green economy in Egypt, Tunisia, and Lebanon, highlighting the environmental challenges these countries face and the importance of fostering green businesses to address them. It discusses the barriers hindering the growth of green businesses, such as lack of supportive policies, inadequate funding, bureaucratic obstacles, and insufficient regulatory incentives. The paper also provides policy recommendations to create an enabling environment for green entrepreneurs, including establishing a certification system, strengthening financial support mechanisms, and facilitating knowledge and technology transfer.

Key Insights

• Egypt, Lebanon, and Tunisia face significant environmental challenges such as climate change, resource depletion, and pollution.
• Green businesses offer innovative solutions to address environmental risks and promote sustainable development.
• Challenges hindering green businesses include lack of supportive policies, inadequate funding, bureaucratic obstacles, and insufficient regulatory incentives.
• Policy recommendations include establishing a certification system, strengthening financial support mechanisms, and facilitating knowledge and technology transfer.
• Collaboration between government agencies, industry stakeholders, and green firms is crucial for promoting sustainable entrepreneurship in the region.

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https://euromed-economists.org/download/green-economy-in-egypt-tunisia-and-lebanon-building-an-enabling-environment-for-green-entrepreneurs/