OECD Clean Energy Investment Policy Review of Jordan
The Jordan Clean Energy Investment Policy Review is a country-specific application of the OECD Policy Guidance for Investment in Clean Energy Infrastructure. It aims to help Jordanian policy makers strengthen the enabling conditions for investment in renewable electricity generation in Jordan. The Policy Guidance is a non-prescriptive tool to help governments identify ways to mobilise private sector investment in clean energy infrastructure, especially in renewable electricity generation. The Policy Guidance was jointly developed by the OECD Working Party on Climate, Investment and Development (WPCID) of the Environment Policy Committee (EPOC) and the OECD Investment Committee, jointly with the Global Relations Secretariat (GRS). It benefited from significant inputs of the World Bank and the United Nations Development Programme (UNDP). The Policy Guidance was annexed to the Communiqué of G20 Finance Ministers and Central Bank Governors at their meeting on 10-11 October 2013.
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Foreword and acknowledgements
Scaling up investment in clean energy – especially in renewable power – is critical to successfully implement the 2015 Paris Agreement on climate change, while addressing many of the economic and social challenges of developing, emerging and developed countries. Key challenges for Jordan include: sustaining economic growth; improving energy security; reducing fossil-fuel consumption and imports; reducing fiscal pressure linked to costly support to fossil-fuel imports; and creating local jobs.
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