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World Bank: Jordan secures 70% of funding for investment program

World Bank: Jordan secures 70% of funding for investment program

Jordan has made notable progress in implementing the "Comprehensive, Transparent, and Climate-Responsive Investments" program launched by the World Bank. During its first year—from August 2025 to August 2026—20 out of 44 targeted outcomes were achieved, with a total funding of $316 million. The program’s timeframe has been extended to June 2028, with increased efforts in areas such as green financing, improving the business environment, and developing government services. Key results of the program include Jordan reducing more than 7.8 million tons of carbon emissions between 2016 and 2025, directing $1.25 billion in climate-related private sector financings, and developing a framework for sovereign green bonds as well as approving the national green classification. In terms of investment, sector licensing procedures have been simplified and the investment climate improved. In digital transformation, the government has made progress in data indicators and electronic services. Despite these advancements, challenges remain regarding capital spending levels and the timing of certain results. The World Bank is conducting a technical review to ensure that the objectives are achieved within the final deadline.

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