ABOUT TESSA

Lebanon is currently facing an economic, financial, employment, political, and social crisis, and one of the main causes of this crisis is the energy problem. Mismanagement of energy by the politically influenced public system has led to unsustainable debt levels, resulting in Lebanon’s financial default in 2019. The consequences of this crisis include inflation, rising poverty, high unemployment rates, political deadlock, social protests, and a general lack of trust in the system.

To address this crisis and pave the way for development in Lebanon, it is essential to find a sustainable solution to the energy problem. An initiative has been proposed to encourage an energy transition that can drive economic development, employment inclusion, and environmental sustainability. The key components of this initiative are: