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The Green Climate Fund approved $295 million for Jordan’s desalination project to address severe water scarcity.
The Green Climate Fund has approved its largest single investment—$295 million in grants and loans—for Jordan’s $6 billion Aqaba-Amman desalination project, which aims to deliver 300 million cubic meters of water annually to combat severe water scarcity.
The project, critical amid projected climate impacts including a 4°C temperature rise and 21% rainfall decline by 2100, is expected to cut water costs by 10 cents per liter and save the government $1 billion.
U.S. support includes $300 million in grants and $1 billion in loans, with additional regional contributions anticipated.
The funding supports broader climate adaptation goals ahead of COP30, as the GCF accelerates approvals for 24 projects, potentially totaling $1.4 billion in disbursements.
El Fondo Verde del Clima aprobó 295 millones de dólares para el proyecto de desalinización de Jordania para hacer frente a la grave escasez de agua.