Under the patronage and in the presence of HE Mr. Erik Solheim Executive Director of the United Nations Environment (UNEP); the UNIDO Investment and Technology Promotion Office in the Kingdom of Bahrain have exchanged letters in an effort to cooperate towards a number of initiatives aimed at promoting entrepreneurship, investment and innovation in the area of green technology and renewable energy based on the Bahrain Model for Entrepreneurship Development.
The cooperation encompasses a number of programs in Bahrain and the Arab Region for creating awareness on the green economy, institutionalizing entrepreneurship programs in green technology, renewable energy, sectoral analysis with the goal of identifying investment opportunities as recycling, health, agriculture, water, and others.
UNE and UNIDO ITPO Bahrain together with the UNIDO Arab International Center for Entrepreneurship and Investment in Bahrain will work closely to mobilize the private sector and financial institutions both commercial and developmental in funding these green industry projects in addition to developing green economic infrastructure projects including free zones, technology parks, incubators and others.