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Amman, Oct. 10 (Petra) – Jordan has made progress in implementing the
“Jordan Inclusive, Transparent and Climate Responsive Investments
Program for Results” program, achieving 20 out of 44
disbursement-linked results.
This $1.35 billion program is part of national efforts to foster
sustainable investment and support economic and environmental
reforms.
The value of results achieved between August 2025 and August 2026
totaled approximately $316 million, according to the latest World
Bank assessment report.
This figure reflects the progress made in implementing the program
and meeting its targets related to economic and environmental
reforms.
As part of government efforts to improve the investment climate and
enhance Jordan’s attractiveness to investors, the Kingdom adopted an
Investment Promotion Strategy for 2023–2026.
The gov’t also launched an investor relationship management system at
the Ministry of Investment, which has attracted and registered over
300 investors.
This system contributes to enhancing investment promotion services,
streamlining procedures, and improving the efficiency of tracking
investment decisions.
According to the World Bank, preliminary data from the system
indicate “positive” trends for new investment decisions and
investments that have commenced operations after utilizing
facilitation services.
These outcomes highlight the role of such services in supporting
investors and increasing the likelihood of transforming investment
decisions into operational projects.
As part of government efforts to improve the business environment and
alleviate regulatory burdens on companies, Jordan has “successfully
streamlined” five priority sectoral licenses, as work is ongoing to
develop seven additional ones.
Regarding the development of government and statistical data, Jordan
has made “notable” progress in data availability and statistical
performance quality indicators.
According to the report’s executive summary, the country’s score on
the Open Data Inventory (ODIN) rose from 66 points in 2022 to 78
points in 2025.
Additionally, the statistical performance score increased from 66.5
points in 2020 to 78.1 points in 2024, reflecting advancements in the
national data and statistics ecosystem and enhanced efficiency.
In the context of efforts to improve public services and accelerate
digital transformation, a National Service Registry has been
implemented across 20 government entities, and over 1,500 service
profiles have been made available via the “Sanad” portal.
This achievement provides citizens with clear information regarding
service requirements and acquisition procedures.
Efforts continue to streamline priority government services, redesign
their procedures and digitize them, which improved service quality,
facilitated citizen access, and boosted government performance
efficiency.
Reforms also encompassed the development of procedures for drafting
legislation and assessing its economic and regulatory impacts.
This process followed the issuance of the Good Regulatory Practices
Bylaw in February 2025 and its associated instructions in November of
the same year, aimed to foster a “greater” reliance on data and
public consultation during the formulation of policies and
legislation.
The program’s assessment report highlights Jordan’s achievement of
tangible results in reducing carbon emissions, which surpassed set
targets.
The report also cited progress in implementing reforms related to
green finance and improving the investment climate, as the total
funding disbursed under the program reached $939 million.
The program has advanced in developing green finance instruments,
streamlining sectoral licensing procedures, and enhancing efficiency
of public investment management and government services.
This achievement reflects the government’s “ongoing commitment” to
reforms aimed at improving the business environment and supporting
economic and environmental sustainability.
The World Bank has upgraded its assessment of the program’s overall
implementation progress, while efforts continue to meet remaining
targets before the program’s scheduled closure in June 2028.
The program achieved a “significant milestone” in supporting national
efforts to reduce carbon emissions.
World Bank data indicates a cumulative reduction exceeding 7.8
million tons of CO2 equivalent between 2016 and 2025, which surpassed
the original target, reflecting the progress made in implementing
environmental measures and strengthening Jordan’s sustainability
trajectory.
Regarding climate finance, Jordan “successfully” met the target for
documenting finance provided by the private sector and
non-governmental entities, recording 25 percent progress.
The completion rate for the financial value allocated to this
indicator reached 98 percent, reflecting the progress made in
bolstering the role of the private sector and non-governmental
entities in supporting climate action efforts.
This effort coincided with the adoption of the Jordan National Green
Taxonomy (JNGT), which defines activities and investments eligible as
environmentally friendly, and the Green Sovereign Bond Framework,
alongside the completion of its independent external review, which
received the highest possible rating.
Additionally, a Debt Management Strategy was adopted that includes
green bonds among potential financing instruments.
The completion rate for the green finance mobilization indicator
reached 78%, while preparations for Jordan’s inaugural green
sovereign bond issuance are ongoing following the accomplishment of
key procedural requirements. The World Bank projects the issuance to
take place in 2026 or 2027.
Climate-related reforms also included updating the National Climate
Change Policy, operationalizing the Measurement, Reporting, and
Verification (MRV) system for emissions and the National Greenhouse
Gas Registry, preparing a roadmap for climate finance regulation and
management; and working on legislation to regulate carbon markets.
The completion rate for the indicator on the integration of
climate-responsive public investments reached 83%.
//Petra//AG