Jordan's Mega Desalination Project Gains Largest Climate Fund Commitment

The Green Climate Fund has made its largest financial commitment yet by supporting a $6 billion water desalination project in Jordan. The project's funding announcement comes just ahead of COP30 and a decade after the Paris Agreement, elevating its importance in the battle against global warming.

In a bid to transform Jordan, the fund's top executive, Mafalda Duarte, described the initiative as a strategic move for the region. A $295 million grant and loan package was approved in South Korea, aiming to draw additional investments from the International Finance Corporation and private lenders.

This massive desalination project aims to serve nearly half of Jordan's population, addressing severe water scarcity issues exacerbated by projected climate changes. With substantial international support, including $300 million in US grants, the project is positioned as a crucial regional initiative.