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News Estimated 1.6 million People in Jordan to Benefit from New Project to Tackle Jordan’s Water Crisis and Build Climate Resilience

June 18, 2023 – The World Bank has approved US$250 million in financing to improve the efficiency of water services in Jordan through the rehabilitation of water distribution networks, improving energy efficiency and strengthening the drought management system in the Kingdom.

Jordan is one of the most water-scare countries in the world, and the anticipated outcomes of this Project are significant and wide-reaching. The project will deliver impact for people and the planet by reducing water losses, reducing electricity usage and improving water management systems. An estimated 1.6 million people will benefit from improved water services. Water system management will also be strengthened for farmers and industries, building economic productivity and strengthening the country’s resilience to climate shocks.

The approved financing for the new Jordan Water Sector Efficiency Project consists of a US$200 million loan from the International Bank for Reconstruction and Development (IBRD) and a US$50 million grant from the Global Concessional Financing Facility (GCFF). Launched in 2016, the GCFF provides concessional financing to middle income countries hosting large numbers of refugees. The Project will target areas with higher refugee populations, providing benefits to both the refugees and the host community.

Contact information n/a
News type Inbrief
File link https://reliefweb.int/report/jordan/estimated-16-million-people-jordan-benefit-new-project-tackle-jordans-water-crisis-and-build-climate-resilience-enar
Source of information reliefweb
Subject(s) DRINKING WATER , FINANCE-ECONOMY
Geographical coverage Jordan,
News date 28/06/2023
Working language(s) ENGLISH
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