On August 4, 2020 a large quantity of ammonium nitrate exploded at the port of Beirut, Lebanon resulting in an estimated US $15billion in property damage alone. The blast devastated Beirut killing 200, injuring 6,500, and leaving 300,000+ homeless. Although the impact was immediate, recovery is going to be a long process and the people of Lebanon need help to rebuild their local community.
Lebanon was already a country struggling in economic crisis; living through unprecedented civil disruption for years. The country’s currency has lost around 80% of its value and, according to a survey conducted by the World Food Program, the COVID-19 pandemic have left nearly one out of every three Lebanese unemployed. Nearly 1 million people in Lebanon were living below the poverty line before the explosion and, over the past six months, the price of monthly food staples has more than doubled.
GBN is pleased to support our Lebanese member, IBH Levant & Africa SAL and the local charity that was chosen, among many others - "National Impact Foundation", that is purposed to work alongside citizens to help rebuild the small businesses that were immediately affected by the explosion and who are the foundation and the essence of Beirut. Working with National Impact Foundation provides IBH Levant & Africa SAL, and our collective efforts, the ability to ensure those who need the help, are getting the help as donations are being exclusively and directly remitted to the National Impact Foundation.