About RECONOMY

RECONOMY is an inclusive and green economic development program of the Swedish International Development Cooperation Agency (Sida), implemented by HELVETAS Swiss Intercooperation in Eastern Europe, South Caucasus and the Western Balkans.

The program pays particular attention to leveraging existing knowledge and practices and stimulating learning and sharing across countries through different stakeholders, such as governments, nonprofits, and businesses. While doing so, we focus on common problems countries face and common actors that can take up and facilitate improvements in the different systems.

We recognize that people do not live in regions, but in countries, and therefore RECONOMY looks into the local-regional dynamics and nexus. Development efforts without a place-sensitive perspective often fail because places differ from each other and territorial context matters.

We pay special attention to the importance of environmental constraints and opportunities. Economic development in the region will not be sustainable without considering resource efficiency, climate mitigation, carbon removal, and biodiversity protection.

MAIN GOAL

To enable women and the youth, including vulnerable and marginalized groups, to benefit from economic opportunities by increasing their income and taking up decent jobs, inclusively and sustainably.

WORKSTREAMS

To achieve the main goal, RECONOMY works along three workstreams:

Skill Gap & Employment Opportunities

Increasing the (self)employability and income generation of target groups by improving formal and informal training offer. Ensure the training is improved and available to the target groups and ensure strengthened and diversified intermediation.

Financial & Business Services

Improvement of business and financial services to help enterprises grow, invest and create more/new economic opportunities.

Policies & Regulations

Improving advocacy in the areas of policy, regulatory, legislative and administrative to help target groups and enterprises increase their participation and voice to advocate for better economic opportunities.