23 Hrs
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الدستور
Source: الدستور
23 Hrsالدستور
Source: الدستور
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His Majesty King Abdullah II emphasized the necessity of developing a comprehensive national strategy for climate finance in Jordan, aimed at strengthening efforts to address climate change through collaboration with the private sector and providing technical support programs to enable access to available financing sources. The Kingdom has secured $295 million in funding from the Green Climate Fund for the National Water Carrier project. Additionally, in 2023, the first green bond worth $50 million will be issued, and national strategies for green finance have been adopted by the Central Bank. The goal is to capitalize on opportunities within the green economy, especially in the water, energy, and transportation sectors, as part of the Economic Modernization Plan 2033. This includes large regional projects connecting Jordan with neighboring countries, offering financing opportunities and fostering public-private sector cooperation to confront the challenges of climate change.
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