Updated Aug 20, 2020
The economic consequences of the COVID-19 pandemic are enormous and have led to unprecedented economic shocks that are directly felt by households worldwide. According to the ILO, ca. 94 % of the worldwide labour force lives and works in countries that are affected by company closures. The economic crisis will account for a loss of working hours equivalent to 305 million full-time employees.
With the UfM Grant Scheme for employment promotion – Regional response to the COVID-19 pandemic, the UfM is actively supporting non-profit organizations in the Mediterranean that work to give people opportunities in view of the COVID-19-induced economic crisis. It focuses on projects that enable people to find jobs, continue to gain a living and improve their work and living conditions. At the same time, we seek to support projects that encourage entrepreneurship and improve the business climate for Micro-, Small and Medium-sized enterprises (MSMEs) as crucial providers of employment in the Mediterranean region.
|Region||Europe and Eurasia|
|Focus Areas||Infectious & Vector Diseases (Health)|
Economic Recovery (Humanitarian Assistance)