{"id":83881,"date":"2024-04-30T00:00:00","date_gmt":"2024-04-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/04\/30\/ebrd-eu-gcf-to-provide-jordan-with-usd-4-mn-in-green-financing\/"},"modified":"2024-04-30T00:00:00","modified_gmt":"2024-04-30T00:00:00","slug":"ebrd-eu-gcf-to-provide-jordan-with-usd-4-mn-in-green-financing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/04\/30\/ebrd-eu-gcf-to-provide-jordan-with-usd-4-mn-in-green-financing\/","title":{"rendered":"EBRD, EU, GCF to provide Jordan with USD 4 mn in green financing"},"content":{"rendered":"<p class=\"tag-border-left\">GREEN FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jordan\u2019s green sector gets a big boost: <\/strong>The European Bank for Reconstruction and Development (EBRD), the EU, and the Green Climate Fund (GCF) will extend a USD 4 mn (EUR 3.6 mn) financing package to Jordanian microfinance <a target=\"_blank\" href=\"https:\/\/tamweelcom.org\/en\" style=\"\" rel=\"noopener\">Tamweelcom<\/a> for on lending to green businesses, according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/news\/2024\/ebrd-eu-and-gcf-promote-green-investments-in-jordan.html\" style=\"\" rel=\"noopener\">press release<\/a>. The funds include USD 1 mn in co-financing from the GCF and EU incentive grants, along with technical assistance from the EBRD, EU, and GCF.<\/p>\n<p class=\"tag-border-left\">DISTRICT COOLING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE\u2019s Empower to provide district cooling for Al Habtoor Tower:<\/strong> Emirates Central Cooling Systems Corporation (Empower) has inked an agreement with Al Habtoor Group to supply Al Habtoor Tower with district cooling services, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/2094.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The tower, set to be the world's largest residential building upon completion, is expected to accommodate over 5k residents. Empower will provide approximately 7.2k refrigeration tons (RT) of cooling capacity, equivalent to 75% of the peak cooling capacity of the Burj Khalifa, the world\u2019s tallest building. The cooling services will commence in 2Q 2025. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The funds will support the private sector and Jordanian MSMEs to make green investments.<\/p>\n","protected":false},"author":1,"featured_media":83882,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[66,11,164,93],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseclimate","tag-green-finance","tag-jordan","wpautop","entry"],"acf":{"mongo_id":"f2763b67-18f3-41bd-a185-f5b68b8527f3","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/2126.jpg","photo_position":"above","homepage_title":"","full_issue_title":"EBRD, EU, GCF to provide Jordan with USD 4 mn in green financing","related_issue":[83863],"teaser":"The funds will support the private sector and Jordanian MSMEs to make green investments.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.e45d90a0-a7c7-46d6-bb2a-d7f4503a3b97.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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