Strategic investments for youth employment and economic opportunity – the Resilient Youth, Socially and Economically Empowered (RYSE) project

In 2020, DRC and partners launched the Resilient Youth, Socially and Economically Empowered (RYSE) project in Jordan. The RYSE project is an ambitious partnership between DRC, civil society, authorities, and private actors. Among other things, the initiative seeks to improve livelihood and economic opportunities for young Syrians and Jordanians.

Jordan hosts the second largest number of refugees per capita in the world, and 70% of the Jordanian population is under 30 years of age. 84% of Syrian youth in Jordan are unemployed. This combination of factors puts huge pressure on the local economy.

Our studies show that opportunities for youth do exist in several sectors in Jordan. However, the youth often do not possess the skills required to take up available jobs. Moreover, there is a significant investment gap for start-ups and SMEs (small- and medium-sized enterprises). This lack of appropriate skills and continuing investment gap limit the ability of the Jordanian private sector to support displaced people and host communities.

How can you help? DRC is working with local and international partners to design instruments that enable more investments in job creation and will create economic opportunities for refugees and host communities alike. We do this through innovative financing approaches that bridge grant and investment opportunities.