10/08/2025

A recent World Bank report revealed that Jordan has achieved one-third of the objectives of the Jordan Inclusive, Transparent and Climate Responsive Investments Program for Results after four years of implementation, reflecting an increase of six percentage points over the past six months. The program, with a total value of USD 900 million comprising USD 500 million as the initial loan and USD 400 million in additional financing, aims to promote investment in climate responsive projects, improve the business environment and enhance transparency in public investment management. As of July 28, 2025, a total of USD 500.16 million had been disbursed.

Recent progress includes advancing the issuance of a sovereign green bond and the adoption of a national green taxonomy, upgrading Jordan’s climate-responsive public investment rating from D to B, and operationalizing the Monitoring, Reporting, and Verification (MRV) system for climate investments. The program has also developed a climate investment mobilization plan through 2030, streamlined 16 sectoral licenses with three now fully digitized, approved the National Tourism Strategy, and launched a comprehensive tourism information system. In addition, the National Registry of Government Services has been activated with 2,500 service cards uploaded.

By 2028, the program aims to achieve tangible progress in mobilizing green financing, enhancing the participation of women in investments, increasing the share of capital spending in the budget, reducing the cost of license compliance, and further developing the business environment while improving the quality of government services and infrastructure.

- AlMamlaka