{"id":84845,"date":"2024-06-12T00:00:00","date_gmt":"2024-06-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/06\/12\/jordan-secures-usd-30-mn-in-financing-for-wastewater-management\/"},"modified":"2024-06-12T00:00:00","modified_gmt":"2024-06-12T00:00:00","slug":"jordan-secures-usd-30-mn-in-financing-for-wastewater-management","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/06\/12\/jordan-secures-usd-30-mn-in-financing-for-wastewater-management\/","title":{"rendered":"Jordan secures USD 30 mn in financing for wastewater management"},"content":{"rendered":"

<\/strong>Jordan\u2019s<\/strong> wastewater treatment gets a financing boost: <\/strong>The European Bank for Reconstruction and Development (EBRD), the UK and the EU will jointly extend USD 30 mn in financing to the Water Authority of Jordan (WAJ)<\/a> for wastewater management projects, according to a statement<\/a>. The package will comprise a USD 19 mn loan from EBRD, a USD 8 mn investment grant from the UK\u2019s High Impact Partnership on Climate Action (HIPCA), and a USD 2.95 mn grant from the EU's Neighbourhood Investment Platform<\/a>.<\/p>\n

Where is the money going? <\/strong>The funds are allocated for a new wastewater treatment plant in Jordan\u2019s West Irbid region. The plant will have a capacity of 12k cbm per day and provide sanitation services to the surrounding area. <\/p>\n

We knew this was coming:<\/strong> EBRD approved the loan<\/a> to finance the construction of the treatment plant in March.<\/p>\n

Wastewater is an essential source of water supply for the kingdom: <\/strong>Jordan operates 34 wastewater treatment plants<\/a> that provide 14% of the kingdom\u2019s total water supply. Treated wastewater is also vital for Jordan\u2019s agriculture sector accounting for around a quarter of the volume of water used for irrigation, the statement notes.<\/p>\n

Jordan has more plants in the works: <\/strong>A subsidiary of Dubai-based contractor Drake & Scull International is building an AED 307 mn (c. USD 83.6 mn)<\/a> wastewater treatment plant in Jordan\u2019s Ar-Ramtha city. Jordan signed a JOD 7.6 mn (c. USD 10.7 mn) agreement last year for a treated water carrier project<\/a> backed by Germany's Development Bank. The project would provide 10 mn cbm of treated water annually and slash greenhouse gas emissions by 6.6k tons annually. <\/p>\n","protected":false},"excerpt":{"rendered":"

The financing package is earmarked for a new wastewater treatment plant<\/p>\n","protected":false},"author":1,"featured_media":84846,"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":[243],"tags":[390,11,164,93],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-finance","tag-ebrd","tag-enterpriseclimate","tag-green-finance","tag-jordan","wpautop","entry"],"acf":{"mongo_id":"828da336-df48-4382-b0a0-6d52f367c7dc","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1449.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Jordan secures USD 30 mn in financing for wastewater management","related_issue":[84835],"teaser":"The financing package is earmarked for a new wastewater treatment plant","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.90bf2b7e-ddce-4556-9b7a-89df93e207a1.mp3"},"yoast_head":"\nJordan secures USD 30 mn in financing for wastewater management - 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