CAIRO, Tuesday, May 21, 2024 (WAFA) – The United Nations Industrial Development Organization (UNIDO) in Palestine concluded today the Regional CleanTech Investment Event - Clean Technology Solutions for Gaza Strip's Early Recovery and Reconstruction and Green Economic Revitalization of West Bank in the Egyptian capital Cairo.

The Regional CleanTech Investment Event, organized by UNIDO in Palestine in collaboration with the European Union and the Ministry of National Economy, served as a successful platform to showcase the pivotal role of Palestinian startups in providing effective solutions for the early recovery and reconstruction of Gaza Strip, as well as the green economic revitalization of the West Bank.

During the event, constructive linkages were established, facilitating discussions on various approaches and opportunities. The keen interest from venture capitalists ensures that sustainable and innovative entrepreneurship takes significant strides forward, aiming to support communities in dire need, generate employment opportunities, and contribute to both environmental restoration and an advantageous green transition.

“We are committed to leveraging cleantech for the early recovery and reconstruction of Gaza, aiming to revitalize the economy, including in the West Bank, and restore hope for the future.” Said Ahmed ElFarra, Senior Program Officer at UNIDO.

The innovative solutions proposed by startups offer dual benefits of environmental restoration and economic repurposing. These solutions address the critical nexus of the energy, food and water sectors, presenting opportunities to rebuild infrastructure and boost food production under challenging conditions, he added.

“It is essential to empower Palestinians to implement these solutions, capitalizing on their unique understanding of the local context. To support this initiative, our goal is to create a collaborative platform with partners to develop and deploy these solutions, not only in Palestine but also in other conflict-affected areas”, stated the UNIDO Senior Program Officer.

A.D./T.R.