Jordan, July 9 -- The European Bank for Reconstruction and Development (EBRD) is promoting green financing in Jordan by providing a loan of up to US$ 20 million to Cairo Amman Bank (CAB). The Green Climate Fund (GCF) is co-financing 25 percent of the loan (US$ 5 million).The proceeds will be on-lent to individuals and private local micro, small and medium-sized enterprises (MSMEs) for investments in climate change mitigation and adaptation technologies and upgrades to best practices.This is the second loan to be extended to CAB under the GCF-Green Economy Financing Facility (GEFF) Regional Programme in Jordan and follows the successful completion of a US$ 10 million facility extended in 2022.The project promotes the green economy in Jordan ...