German participation in Lebanon Financing Facility for Reform, Recovery and Reconstruction (LFF)

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The Lebanon Financing Facility for Reform, Recovery and Reconstruction (LFF) aims to support the immediate socio-economic recovery of vulnerable people and companies after the explosion in Beirut on August 4, 2020 and to lay the foundation for a medium-term recovery and sustainable reconstruction of the port of Beirut and the affected districts. The recipient and project sponsor is the World Bank, the funds are implemented through the World Bank itself but also through UN institutions, NGOs and the private sector. Particularly vulnerable population groups such as those affected by loss of housing, people with disabilities, the mentally ill, women, refugees and small and micro-enterprises, especially those run by women, are the target group of the project. The individual projects mainly include 1) MSME support Grants to around 3,500 micro, small and medium-sized enterprises (MSMEs). 2) Support for immediate social aid services. 3) Support in the area of housing / culture / creative industries in Beirut. 4) Critical environmental measures in the port and surrounding districts