AMMAN -- The European Bank for Reconstruction and Development (EBRD) on Tuesday launched the Green Economy Financing Facility program in Jordan to support the country's transition to a greener economy, the bank said in a statement.
In cooperation with the European Union and the Green Climate Fund, the EBRD will provide a total of 40 million U.S. dollars to Jordanian financial institutions, such as banks, microfinance institutions and leasing companies, to offer loans to the private sector for investing in high-performance technologies and services, the bank said. (Jordan-EBRD-Green Economy Funding)
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