Amman, Sept. 7 (Petra) – His Majesty King Abdullah II chaired a
meeting on Monday to review government efforts and plans in the field
of green and climate finance, during which he directed the government
to draw up a comprehensive and unified national strategy on climate
finance, in cooperation with the private sector, according to the
Royal Hashemite Court.

During the meeting, attended by His Royal Highness Crown Prince Al
Hussein bin Abdullah II, His Majesty emphasized the need for
technical support programs that enable the public and private sectors
to leverage available climate finance and carbon-reduction tools, to
drive best practices toward achieving local and global environmental
and climate targets.

The King underscored that climate finance is essential to advancing
environmental goals and long-term sustainable development.

His Majesty was briefed by Minister of Planning and International
Cooperation Zeina Toukan on progress in the climate finance field, in
particular Jordan’s securing of $295 million in funding from the
Green Climate Fund (GCF) for the National Water Conveyance Project,
the largest GCF fund granted to a single project, in addition to
Jordan’s selection as host country of the GCF’s regional office for
the Middle East, Central Asia, and Eastern Europe.

Green finance aims to channel resources towards economic activities
that help to protect the environment and reduce pollution, whilst
climate finance focuses on tackling climate change, reducing
emissions, and adapting to its effects, thereby contributing to
meeting sustainable development goals.

Prime Minister Jafar Hassan, Director of the Office of His Majesty
Alaa Batayneh, and Minister of Environment Ayman Suleiman attended
the meeting.

//Petra// HA