Jordan and EBRD Strengthen Partnership for Economic Development and Green Initiatives
Key Ideas
  • Minister Zeina Toukan participated in EBRD's Annual Meeting in Armenia, emphasizing Jordan's support for the Bank's strategic orientation to address challenges like climate change.
  • Discussions at the meeting focused on adapting economies to global challenges, improving access to finance, and sustainable investment in infrastructure and digital transformation.
  • Jordan and EBRD are collaborating on projects in various sectors, including water, green hydrogen, transportation, and solid waste, aiming to support economic growth and sustainability.
  • Both parties are working on formulating a new country strategy for Jordan, building on the current strategy that encompasses private sector competitiveness, sustainable infrastructure, and the transition to a green economy.
Minister Zeina Toukan of Jordan took part in the 33rd Annual Meeting and Business Forum of the European Bank for Reconstruction and Development (EBRD) held in Armenia. The meeting focused on the Bank's strategic orientation to aid member states in overcoming challenges like climate change and fostering economic development. Discussions included topics such as adapting economies to global challenges, improving access to finance, and sustainable investment in infrastructure and digital transformation. Minister Toukan highlighted Jordan's backing of the Bank's proposed strategic orientation aligned with Jordan's economic modernization vision. Key discussions with EBRD officials covered the economic situation in Jordan, ongoing projects with EBRD support, and future cooperation priorities. Notably, the discussion touched upon new and ongoing projects in water, green hydrogen, transportation, and waste management sectors to boost economic growth and sustainability. Both parties are preparing to develop a new country strategy for Jordan, focusing on private sector competitiveness, sustainable infrastructure, and transitioning to a green economy.
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