EIB Global and Jordan Kuwait Bank join forces to back a green transition in the private sector
Jordan, Sept. 11 -- The Green Transition Facility was officially launched in Jordan today, marking a major milestone in the efforts of the European Investment Bank (EIB Global) to expand climate finance across the European Union's Southern Neighbourhood.The Green Transition Facility (GTF) is EIB Global's flagship green finance approach in the Southern Neighbourhood, combining long-term funding, risk-sharing, financial incentives and technical assistance to address the persistent barriers MSMEs face in accessing finance for climate action and environmental sustainability. The facility's launch is being accompanied by the rollout of the EIB's Green Eligibility Checker - a web-based tool to help banks and enterprises rapidly assess project eli...
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