IFC Invests in Jordan Kuwait Bank's Green Bond for Water, Energy, and Sustainability

The transition to a greener economy doesn't begin with a green loan—it begins with the people making informed financing decisions.   As part of the Green Action in Enterprises (GAIN) project by GIZ Jordan, Frankfurt School of Finance & Management delivered a two-day Training of Trainers (ToT) on Climate Finance for banking professionals in Jordan at the Association of Banks in Jordan ABJ (ABJ). Bringing together participants from leading banks in Jordan including Arab Bank, Capital Bank of Jordan, Bank ABC in Jordan, Bank of Jordan, Cairo Amman Bank, Arab Jordan Investment Bank - AJIB, and INVESTBANK - Jordan, the programme equipped participants with practical knowledge on climate finance, climate and ESG risk in lending, green project appraisal, monitoring and reporting, while preparing them to transfer this expertise within their own institutions.   By empowering professionals to become trainers themselves, the programme contributes to strengthening institutional capacity and supporting the integration of climate finance into banking practices, helping accelerate Jordan's transition towards a more sustainable and climate-resilient economy.   A sincere thank you to GIZ Jordan for its continued support of the Green Action in Enterprises (GAIN) project, and to the Association of Banks in Jordan ABJ, the participating banks, and all professionals whose commitment and active engagement contributed to the success of this programme.   #ClimateFinance #SustainableFinance #GreenFinance #ESG #CapacityBuilding #Banking #Jordan #FinancialSectorDevelopment #networking 

Saudi Arabia continues to accelerate its sustainability agenda through strategic partnerships, green finance, and resilient urban development aligned with Vision 2030. Speaking at an international forum, Minister of Municipal, Rural Affairs and Housing Majed Al-Hogail highlighted the Kingdom’s commitment to building more sustainable and resilient cities through the Saudi Green Initiative and the National Energy Program. Key milestones include: • More than **56 Public-Private Partnership (PPP) agreements** supporting infrastructure and municipal services. • A strategic cooperation agreement with **UN-Habitat** and the **United Nations Development Programme (UNDP)** for 2024–2027. • The issuance of **$9.1 billion** in green bonds and sustainable sukuk during 2024. • The Public Investment Fund’s (PIF) green finance framework exceeding **$10 billion** in commitments by 2026. These initiatives reinforce Saudi Arabia’s leadership in sustainable development, climate action, and green investment while supporting the Kingdom’s long-term economic transformation. #SaudiArabia #Vision2030 #Sustainability #GreenFinance #SmartCities #ClimateAction #Investment #VerifiedSaudiArabia

Mobilizing private capital at scale and creating more and better jobs require the right partnerships.   That is exactly what The World Bank Group is advancing through two $9.5 billion Memorandums of Understanding signed by IFC - International Finance Corporation and MIGA with #SaudiArabia’s Public Investment Fund (PIF).   As part of these agreements, IFC signed a $6 billion MoU to support investment opportunities with PIF portfolio companies in Saudi Arabia and other #emergingmarkets.   The partnership will focus on high-impact sectors including infrastructure, energy, transportation, tourism, and healthcare, helping direct investment where it can deliver the greatest development impact.   Aligned with Saudi Vision 2030, these agreements are part of the World Bank Group’s broader strategy to mobilize private capital and share global expertise to strengthen investment ecosystems, enhance economic diversification, and create more and better jobs.   Read more about it here: http://wrld.bg/FBXJ50ZsrYP   John Gandolfo | Abdullah Jefri 

EBRD, GCF, And EU Provide US$20 Million Green Finance Boost To Jordan Through Cairo Amman Bank #EBRD #Jordan #GreenFinance #ClimateAction #MSMEs #Sustainability #GreenEconomy #CairoAmmanBank https://lnkd.in/gZyA5CS2

Bank Alfalah Limited has signed a USD 50 million senior term loan facility with British International Investment (BII) to expand climate finance in Pakistan. The agreement, signed during London Climate Action Week, will support climate mitigation, adaptation and resilience projects, with funding directed towards climate-smart agriculture, sustainable water irrigation systems and other environmentally sustainable initiatives. Alongside the financing, BII will provide technical assistance to help Bank Alfalah build a stronger pipeline of climate-focused projects and enhance its sustainable finance capabilities. The partnership aims to mobilize international capital, strengthen Pakistan’s green transition and deepen UK-Pakistan economic cooperation through increased investment in climate resilience.

Jordan's Housing Bank Issues the Kingdom's First Blue Bond With 100 Million Dollars From the EBRD 📌 Housing Bank issued Jordan's first blue bond - a 100 million dollar note subscribed by the EBRD, first tranche of a 200 million dollar program 📌 Proceeds fund water projects, above all the National Water Carrier - about 300 million cubic meters of potable water a year serving around 4 million people 📌 First blue bond in Jordan and the wider southern and eastern Mediterranean region - EBRD 📌 Third labelled use-of-proceeds bond by a Jordanian financial institution, aligned with ICMA and IFC blue finance standards 📌 The first tranche takes up half the program, leaving 100 million dollars of headroom - our calculation Why it matters: Water is one of the region's tightest economic constraints. A dedicated blue instrument channelling institutional capital into desalination offers a replicable financing template for MENA. Read the full article: https://lnkd.in/dQFmKWVh Subscribe to our free newsletter: https://lnkd.in/dCaq69Pq #Jordan #BlueBond #EBRD #WaterSecurity #SustainableFinance #MENA

How can financial institutions accelerate investment in climate-resilient housing across Africa? This week, GCA delivered a three-day training on Climate-Resilient Housing Finance to the Trade and Development Bank Group - TDB Group as part of the Green, Resilient and Inclusive Housing Development (GRIHD) programme. The training strengthened participants' understanding of how climate adaptation can be integrated into housing finance through practical product development, market analysis and climate risk assessment. Topics included resilient housing markets, customer segmentation, adaptation finance, gender and inclusion, and the use of practical tools such as the Building Resilience Index (BRI) and EDGE Buildings. A key focus was supporting Partner Financial Institutions (PFIs) to develop financial solutions that respond to local climate risks while expanding access to resilient housing across Eastern and Southern Africa. The programme also highlighted the importance of partnerships. Scaling resilient housing finance requires collaboration between development finance institutions, commercial lenders, technical partners and the wider housing ecosystem to transform adaptation needs into investable opportunities. We thank our partners at TDB, The World Bank Group, the International Monetary Fund and IFC - International Finance Corporation for their collaboration and valuable contributions to the programme. Through initiatives such as GRIHD, GCA continues to support financial institutions in integrating climate adaptation into investment decisions and expanding access to resilient infrastructure across Africa. #ClimateAdaptation #HousingFinance #ClimateFinance #UrbanResilience #ResilientHousing #Africa #GRIHD Anne-Laure SolnonAgathe Nougaret

I am incredibly proud to have been part of the team behind this landmark achievement—the successful issuance of the first Blue Bond in Jordan and across the Southern and Eastern Mediterranean (SEMED) region. This transaction represents a qualitative leap for the Jordanian capital market and demonstrates how innovative and sustainable finance can support national priorities. The proceeds will contribute to the National Water Carrier Project, the largest water infrastructure project in Jordan’s modern history, helping strengthen the Kingdom’s long-term water security while showcasing the vital role of the banking sector in enabling large-scale national development. This milestone is the result of a shared vision, strong collaboration, and the dedication of many outstanding professionals. I would like to express my sincere gratitude to our management for their forward-thinking leadership and unwavering support throughout this journey. My heartfelt appreciation also goes to the EBRD team for their invaluable partnership and commitment from concept to execution, as well as to the Jordan Securities Commission and the Securities Depository Center for their continuous guidance and support in bringing this pioneering transaction to life. It has been a privilege to contribute to a transaction that not only advances Jordan’s capital markets but also creates a lasting impact on the country’s sustainable development and water security. #BlueBond #Jordan #SustainableFinance #CapitalMarkets #WaterSecurity #ESG #SEMED #InfrastructureFinance #EBRD #Banking #Innovation

Bank Alfalah signs a USD 50 million financing facility with British International Investment (BII) to advance climate finance in Pakistan. This partnership will expand lending towards climate mitigation, adaptation, and resilience projects. #BankAlfalah #TheWayForward

The latest edition of Saudi Market Monitor is live. Here is what we covered: For the first time in the conflict, both of Saudi Arabia's oil export corridors are under simultaneous threat. The Houthis declared a naval blockade on the Kingdom's Red Sea escape route this week, directly targeting the workaround Saudi Arabia has relied on since Iran shut the Strait of Hormuz in February. Despite the pressure, Saudi Arabia's growth forecast was cut to 1.4% but remains one of only two Gulf economies projected to grow in 2026. Former US Ambassador Michael Ratney framed the broader stakes in the Wall Street Journal: Saudi never wanted this war, but the conflict may accelerate the push into renewables, alternative pipelines, and rail routes that Vision 2030 already required. On the positive side, Saudi Arabia jumped from 17th to 13th globally in FDI inflows in 2025, with net inflows up 53% to USD 32.6B. Homeownership climbed to 66%, closing in on the 70% Vision 2030 target. The PIF signed an MoU with I Squared Capital to deploy up to USD 2B in digital infrastructure and district cooling, a direct signal the fund is shifting from direct investment to pulling in operating partners with capital and expertise. This edition's Spotlight covers Q2 2026 earnings, which are splitting Saudi corporates along a single fault line: exposure to the conflict's physical disruptions versus insulation from them. Banks are the clearest beneficiaries, while energy and utilities are climbing, with most names posting 11% to 26% net income growth. Transportation is taking the hardest hit as Flynas is expected to post a SAR 298.8M loss on lower capacity and higher fuel costs. It is a sector-by-sector sorting, and Q2 earnings are the first real data point on which business models are holding up. Find the full edition at the link below. https://lnkd.in/gvjC-ua3  #SaudiArabia #KingdomOfSaudiArabia #SaudiEconomy #SaudiMarkets #SaudiCapitalMarkets #SaudiFinance #SaudiInvestment #SaudiInvestments #SaudiIPO #SaudiStocks #SaudiEquities #Tadawul #Nomu #CapitalMarketAuthority #CMA #PublicInvestmentFund #PIF #Vision2030 #Vision2030Saudi #Riyadh #GCC #GCCMarkets #GCCFinance #GCCEconomy #MiddleEast #MiddleEastFinance #MiddleEastMarkets #MENA #MENAMarkets #MENAFinance #GulfEconomy #GulfMarkets #GulfFinance #CrossBorderInvestment #EmergingMarkets #ForeignDirectInvestment #FDI #InvestmentBanking #EquityCapitalMarkets #IPO #Finance #FinancialMarkets #MergersAndAcquisitions #CorporateFinance #GlobalMarkets #SovereignWealthFund #SWF #CanadaSaudi #NorthAmericanInvestors #TSX #TSXV #TSXVenture #CanadianInvestors #CanadianFinance #CanadianCapitalMarkets #TorontoStockExchange #InvestmentCanada #CanadaInvests #NorthAmerica #NorthAmericanMarkets #WallStreet #NYSE #NASDAQ #USInvestors #AmericanInvestors #GlobalInvesting #InternationalInvesting