The Global Compact Network Lebanon has launched the Beirut Relief Initiative aiming to endorse and support Lebanon community's livelihood through SMEs, under 4 pillars.
Uniting business through facilitating multi-stakeholder partnerships, collaboration and collective action. Now, more than ever, the UN global compact network Lebanon is strategically placed to stitch the dots of its community.
Help us restore SMEs, a vital element of the country’s economy. Challenges were already mounting for Lebanese entrepreneurs and businesses before the Beirut blast on August 4th: Political instability, capital controls, a destabilized economy, lack of visibility and an unstoppable pandemic. 90% of Lebanon’s businesses consist of SMEs and they contribute up to 50% to the country’s GDP. GCNL is leveraging on the power of UNCG’s international private sector members (more precisely, its Multinational Corporations) to support the struggling yet indispensable sector.
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