Faced with significant environmental pressures in Tunisia, the country is aiming for a rapid ecological transition of its economy. In this context, Ksapa supported – in collaboration with Investisseurs et Partenaires – the Greenov’i project, funded by the European Union and implemented by Expertise France, to develop a technical assistance for key financial actors in the Tunisian ecosystem. The objective: support and stimulate national green investment, and consolidate green finance as a key pillar of economic development in Tunisia.

Context

Tunisia faces major ecological challenges: water scarcity, soil degradation, increasing droughts and floods – all of this with cascading social impacts on local population. Facing these challenges, Greenov’i initiative, financed by the European Union and implemented since 2023 by Expertise France, aims at supporting green transition of the country for five years, through direct assistance of ecological companies development and adoption of more sustainable and equal production models. 

CHALLENGES

One of the components of the project focused on supporting green economy investors – notably in private capital investment sector. Ksapa worked in collaboration with Investisseurs et Partenaires to provide technical assistance to national financial actors, and to help them integrate and develop ESG tools at all stages of the investment process. 

Our approach

Ksapa implemented a comprehensive technical assistance methodology for key Tunisian financial actors:

Phase 1: Technical assistance preparation:

• Clarification of expectations and priorities for the technical assistance
• Understanding of ESG maturity of various players in the Tunisian ecosystem, through semi-directive interviews

Phase 2: Deployment of missions:

• Sharing of tools, instruments and methodologies integrating ESG at all stages of the investment process (due diligence, project selection, risk and impacts evaluation, ESG reporting tools, capacity building tools, etc.)
• Training of beneficiaries to support adoption of the tools developed

Phase 3: Closing and evaluation

• Evaluation of the completion of objectives set
• Identification of best practices development for the greening of the economy

RESULTS & IMPACT

The technical assistance enabled Ksapa to:

• Better understand the Tunisian green investment ecosystem for development actors
• Raise awareness among key financial players in the Tunisian ecosystem of key challenges and standards of green finance through concrete tools and training support
• Provide financial actors with practical educational materials and green financial tools to integrate into their investment cycle

TAKE ACTION: STRENGTHEN YOUR ESG MANAGEMENT SYSTEM

Ksapa supports you in integrating ESG criteria in all your processes and developing sustainable solutions, that are adapted to your context and business line: 

• Identify and prioritize sustainability levers to support your green investment portfolio
• Access ESG methodologies and tools adapted to local and international financial actors
• Access training and close support to ensure appropriation of tools and best practices