PROSPECTS – Improving Prospects for Host Communities and Forcibly Displaced Persons in Lebanon (Opportunity Fund Phase 2)

PROSPECTS is a partnership and a multi-year programme financed by the Government of the Netherlands and brings together the IFC, ILO, UNICEF, UNHCR and the World Bank to address crucial and emerging challenges of protracted displacement, in close coordination with the governments of the hosting countries. The Partnership focuses on four areas of intervention that enable forcibly displaced persons to overcome their specific vulnerabilities and host communities to pursue their own development efforts in transformed environments. These are: education and learning; employment; protection; and critical infrastructure. Opportunity Fund was introduced as an instrument to strengthen closer cooperation between the PROSPECTS Partners at country, regional or global levels in Phase 1 of PROSPECTS. The Netherlands kept the same instrument in Phase 2 to scale-up projects that have proven successful but also support innovative pilots testing new programming and policy approaches. As a result of this process, ILO has become part of various Opportunity Fund projects at country, regional (on durable solutions) and global levels. This country project is composed by two components. Firstly, "Seed to Scale: Unlocking Lebanese and Syrian Youth and MSMEs Entrepreneurial Potential" aims to enhance the economic inclusion, sustainability and self-reliance of Lebanese youth and youth on the move, and MSMEs in Lebanon, through support to early-stage start-ups and existing enterprises with a full cycle of entrepreneurship development, incubation, and access to capital, thus enabling sustainable job creation and private-sector empowerment and engagement. Secondly, "Expanding and sustaining the NDA with linkages to Child Labour prevention and Economic Inclusion Pathways" aims to leverage the existing NDA platform to achieve several key objectives under the Inclusion focus area. Complementing ongoing donor contributions to the NDA, including support from the EU and the Kingdom of the Netherlands through the PROSPECTS Partnership, as well as domestic financing, and ensuring a sustainable and scalable approach.

Project symbol

LBN/25/51/NLD

Admin unit

RO-Arab States/DWT-Beirut

Start date

01/12/2025

End date

31/12/2027

Total allocation

5346535

Total expenditure

Status

Active

42459

Development Partners

Netherlands, Ministry of Foreign Affairs

Country/Countries

Lebanon

Outcomes

Outcome 7: Universal social protection
Outcome 1: Strong, modernized normative action for social justice
Outcome 3: Full and productive employment for just transitions
Outcome 4: Sustainable enterprises for inclusive growth and decent work