Several solar panels in a row in a desert
One of the many climate mitigation projects detailed within the Decarbonization Finance Directory: the 21 MW Falcon Ma’an solar project in Jordan. | Credit: Catalyst

Climate Finance in Focus: Jordan’s Decarbonization Finance Directory for the Clean Energy Transition

By Daniel Potash, Anne Canavati, Ameya Sampath

In a significant move towards advancing Jordan's decarbonization initiatives, USAID's Energy Sector Support Activity created the Decarbonization Finance Directory. This resource serves as a comprehensive guide to various financial opportunities that underpin decarbonization projects in Jordan, showcasing the use of diverse climate finance market instruments.

The directory provides an extensive range of financing options spanning the electricity, transportation, industrial, and building sectors that are critical in supporting Jordan's transition to clean energy.  By leveraging these funding sources, Jordan is set to significantly increase the adoption of cleaner energy sources and energy-efficient solutions across multiple end-use sectors. Such investments in clean energy projects across the country are poised to lower costs for consumers, stimulate economic development, reduce greenhouse gas emissions, and contribute to improved air quality and environmental conditions.

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One of the many climate mitigation projects detailed within the Decarbonization Finance Directory: Alcazar Energy Partners’ 86 MW “Al Rajef” wind farm in Jordan.

The Decarbonization Finance Directory is a valuable resource for developers of decarbonization projects in Jordan looking to pinpoint the right blend of climate financing. The resource covers a wide array of initiatives, including renewable energy, energy efficiency enhancements, electric vehicle infrastructure, fuel switching, and hydrogen-related projects. This directory equips project sponsors with the necessary information to identify the most suitable type of financing for their projects at different stages of development. The directory also offers insights into successful decarbonization projects in Jordan that have received funding from institutions listed in the directory, demonstrating the real-world application of climate finance.

For more details, view the Directory of International Decarbonization Financing Sources for Jordan (jordankmportal.com)

Country
Jordan
Strategic Objective
Mitigation
Topics
Climate Finance, Climate Finance and Economic Growth, Energy, Clean or Renewable Energy, Energy Efficiency, Energy Technologies for Deep Decarbonization, Mitigation
Region
Middle East & North Africa

Daniel Potash

Daniel Potash is a Specialist Leader with Deloitte, focused on climate financing and energy sector reform in emerging markets.  He has been most recently helping countries set up issuing regimes for environmental attribute certificates and solar strategies to reduce remote diesel generation.

Anne Canavati

Anne Canavati is a Manager in Deloitte’s energy, climate, and natural resources practices where she supports several projects on the energy transition for government clients. She specializes in climate change mitigation pathways and advanced clean energy technologies, policies, and business models.

Ameya Sampath

Ameya Sampath is a consultant with Deloitte, where she works on energy and decarbonization projects with public sector clients.

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