Translated version of this PSD: Arabic
Provision of up to USD 500,000 in a development impact bond designed to address the issue of high youth unemployment in the West Bank and Gaza. The commissioner of the project is the World Bank.
The project will fund the delivery of a series of demand-driven and sector-specific professional trainings as well as on-the-job support to young Palestinians in order to facilitate their transition into sustainable employment.
The project will promote skills and employability of young people in the West Bank & Gaza based on a demand driven approach and in partnership with the private sector. Additionally, the project will contribute to higher competitiveness of local employers through expanding their access to a talent pool with improved skills.
The investment in the project will be through a local company to be established. The company will be managed by a locally-based team.
EBRD Finance Summary
The funding of the project of up to USD 500,000 will come from EBRD West Bank and Gaza Trust Fund.
Total Project Cost
The project is targeting a total fundraising size of USD 1.8 million.
Environmental and Social Summary
Categorised FI (ESP 2014). A development impact bond of this nature will have positive social impacts and there are no environmental impacts which can be identified. The company through which the investment will be made will be required to comply with Performance Requirements 2 and 4 in the course of its activities and provide EBRD with annual reporting on compliance with those PRs.
Company Contact Information
+44 (0) 207 338 6000
EBRD, One Exchange Square, London EC2A 2JN United Kingdom
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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Text of the PIP