• Jordan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 10, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 80.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 70
Converted using 2021-11-10 exchange rate.
Project Cost (USD)
$ 125.20 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 109 million
Converted using 2021-11-10 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Dec 2, 2021

Disclosed by Bank Oct 11, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, the project involves the implementation of measures to increase the efficiency of the use of water resources in the Jordan Valley.

The overall long-term objectives of the project are to contribute to the following: (i) support the Government of Jordan in achieving measurable improvement and greater sustainability of the water sector as set out in Jordan's National Water Strategy 2016-2025, (ii) reallocation of fresh water resources from agricultural use to potable water supply and contributing to the best management of the existing water resources, (iii) improvement in the efficiency of bulk irrigation water delivery, (iv) increased security of water supply for both domestic and agriculture uses through adaptation to the impacts of climate change, (v) job creation, during construction and through the safeguarding of agricultural activities in one of the poorest areas of Jordan.

The project is of high priority for the Jordanian government and is fully in line with EU and EIB priorities and objectives in the country. The project is in line with national priorities, and in particular the National Water Strategy 2016-2025, which identifies the responsible and efficient water management for all uses based on Integrated Water Resources Management (IWRM) as a strategic objective for the water sector. The project contributes to the priority areas of intervention in Jordan identified in the EU Joint Communication on Renewed Partnership with the Southern Neighbourhood, published in February 2021, specifically by supporting a green and resilient recovery in line with the 2030 Agenda for Sustainable Development, the Paris Agreement and the external dimension of the European Green Deal. The project is also expected to contribute to the objectives of the Team Europe Initiative on the Jordanian water sector by tackling non-revenue water and sustainable water resources management as well as given the expected combination of EU NIP, KfW and EIB funding.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

*Contact information not provided at the time of disclosure*


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