Project Wealth: Promoting Local Sustainable Economic Development (LSED), implemented with support of the European Union's ENPI CBC-MED
Program, challenges the prevailing neo-liberal conceptions of wealth based purely on economic richness. By fostering an alternative economic paradigm whereby wealth is defined by the wellbeing of people and the planet, this project encourages sustainable growth in the partnering regions. A collaboration of partners from Israel, Italy, Portugal and the Palestinian Authority, the initiative helps to address major trends in global socio-economic development. It seeks to strengthen locally-based economies, especially peripheral communities and markets; and provide an alternative to development initiatives that attempt to strengthen peripheral regions while ignoring the capacities and needs of the local communities.
Project Wealth is implemented by a partnerships of organizations throughout the Euro-Med region:
, an Israel-based capacity building organization with vast experience in creating networks, partnerships and coalitions aimed at promoting policy change and spurring grassroots activism and citizen participation in decision making processes, particularly among marginalized communities.
, a center for innovation and research at Algarve University, which, synergizing research and practical work, possesses vast experience in supporting small and medium enterprises.
, an Italian NGO with extensive experience in networking and advocacy.
, an Italian regional authority with experience in territorial collaboration, which brings unique experience and understanding of policy-shaping mechanisms at the Euro-Med region.
The 2007-2013 ENPI CBC Mediterranean Sea Basin Programme is a multilateral Cross-Border Cooperation initiative funded by the European Neighbourhood and Partnership Instrument (ENPI). The Programme objective is to promote the sustainable and harmonious cooperation process at the Mediterranean Basin level by dealing with the common challenges and enhancing its endogenous potential. It finances cooperation projects as a contribution to the economic, social, environmental and cultural development of the Mediterranean region. The following 14 countries participate in the Programme: Cyprus, Egypt, France, Greece, Israel, Italy, Jordan, Lebanon, Malta, Palestinian Authority, Portugal, Spain, Syria, Tunisia. The Joint Managing Authority (JMA) is the Autonomous Region of Sardinia (Italy). Official Programme languages are Arabic, English and French.
The total amount of the project and of the ENPI CBC Med contribution to Project WEALTH total budget is € 1,943,000 of which € 1,747,217 as ENPI CBC Med contribution (90%).
This website has been produced with the financial assistance of the European Union under the ENPI CBC Mediterranean Sea Basin Programme. The contents of this website can under no circumstances be regarded as reflecting the position of the European Union or of the Programme’s management structures.