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World Bank climate funds reach $194.4M in Jordan
According to the World Bank's assessment, the "Growth and Competitiveness in Jordan (DPF II)" program, valued at $700 million and scheduled for 2026, focuses on financing climate-related actions amounting to $194.44 million, which is approximately 27.78% of the total program. The funding includes support for mitigating the impacts of climate change, adaptation, and achieving shared benefits in both areas, through reforms that encourage private sector investments in renewable energy and electricity transmission infrastructure, regulate the transmission networks and generation facilities sector, enhance digital transformation, and reduce emissions. Additionally, the national Green Classification and disclosure requirements have been activated to support sustainable financing. The program aims to boost private investments, create jobs, and accelerate the green and digital transformation in Jordan.
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