Environmentally focused value chain development in the economy of Suriname, fostering enterprise creation and formalization through just transition.

Suriname is highly dependent on natural resources such as gold, timber, oil, and gas. The country’s Multi-Year Development Plan 2022-2026 envisions an economy and society less reliant on natural resource exploitation with a just transition towards environmentally sustainable economy. This intervention is a targeted response to the need for a more sustainable, productive, and formal economy that generate new jobs and enterprises, and pro-climate growth, as expressed in the country’s third Decent Work Country Programme (2023-2026). The intervention takes place in rural and interior areas of Suriname. Target groups comprise the most disadvantaged populations, including maroon and indigenous populations based in the districts of Brokopondo, Saramacca and Coronie. Special emphasis is placed on promoting gender equality in identified sectors. The expected results of the intervention include: a) improved capacity of ILO constituents to formulate and implement policies that support a just transition and formalization, in identified sectors and value chains; b) transition of targeted Surinamese micro, small and medium-sized enterprises to formality; and c) supportive local and regional governments and community leaders to drive just and formal transition in their territories.

Project symbol

SUR/23/01/RBS

Admin unit

DWT/CO-Port-of-Spain

Start date

01/03/2023

End date

31/03/2025

Total allocation

279649

Total expenditure

Status

Active

279649

Development Partners

Core voluntary funds (RBSA)

Country/Countries

Suriname

Outcomes

Outcome 2: Strong, representative and influential tripartite constituents and effective social dialogue
Outcome 4: Sustainable enterprises for inclusive growth and decent work