As part of its pioneering role in supporting economic activity in the Kingdom and enhancing access to finance for local companies across various economic sectors, the Jordan Loan Guarantee Corporation (JLGC) announced the launch of its new “Green Finance Guarantee Program.” This program aligns with the Central Bank of Jordan’s Green Finance Strategy and with national directions toward sustainable development and environmental and social responsibility.
The program aims to stimulate financing for environmentally friendly projects by providing guarantees for loans dedicated to environmental initiatives and sustainable ventures, thereby reducing financing risks for banks and financial institutions.
Dr. Adel Sharkas, Chairman of the Board of Directors of the Jordan Loan Guarantee Corporation, affirmed that the launch of the Green Finance Guarantee Program is a significant step toward strengthening Jordan’s position in the field of sustainability and supporting the Central Bank of Jordan’s efforts in implementing the Green Finance Strategy. He added that the program contributes to achieving the Sustainable Development Goals in line with the Royal vision for economic modernization and reinforces Jordan’s status as a regional hub for green finance by directing funding to projects with tangible environmental and developmental impact.
In this context, the Director General of the Jordan Loan Guarantee Corporation, Mr. Adnan Naji, stated: “The launch of the Green Finance Guarantee Program represents a genuine commitment by the company to supporting the transition toward a more sustainable economy. It reflects our role in enabling financial institutions to finance environmental projects that have a positive impact on society and the economy. We invite all partners in the financial sector and owners of sustainable economic projects to actively participate and benefit from this important national program to enhance the financing of green projects, contributing to a more resilient and responsible economic future.”
