The Green Transition Facility was officially launched in Jordan today, marking a major milestone in the efforts of the European Investment Bank (EIB Global) to expand climate finance across the European Union’s Southern Neighbourhood.
Today in Amman, EIB Global – the development arm of the European Investment Bank (EIB) – in partnership with the Central Bank of Jordan, announced the launch of the Greening Financial Systems technical assistance programme in the country.
Luxembourg is joining forces with the European Investment Bank’s development arm (EIB Global) to pledge €5 million through the Luxembourg-EIB Climate Finance Platform (LCFP) to help Small Island Development States (SIDS) tackle climate change. The Government of Luxembourg is making the commitment to a new fund dedicated to the sustainable use of ocean resources – an area of activity known as the “blue economy” – and EIB Global is managing the contribution to ensure its optimal use.