- Implementation Support Agency (ISA): European Investment Bank
- Total project financing: $489.29 million
- Funding from GCFF: $54.36 million
- GCFF Financing Approval Date: 12/22/2023
- Status: Pending effectiveness
- % Disbursed: 30%
- Status: Under implementation
About the project
The program will finance a large number of (generally) smaller investments to reduce non-revenue water (NRW), increase the available amount of water as well as sanitation measures throughout Jordan. It will therefore increase the climate resilience of the Jordanian Water Sector and contribute to improved public health.
The program will be implemented by 4 Implementing Agencies (IAs) under the Management and Supervision of a central Delivery Unit (DU): (i) Water Authority of Jordan (WAJ), (ii) Miyahuna Water Company, (iii) Aqaba Water Company and (iv) Yamouk Water Company. The Delivery Unit, financed from the loan proceeds, will provide overall program supervision, management and auditing. The loan will have four sub-results areas (SRA Level 1), each with one disbursement level results indicator (DLIs). The DLIs align with sector strategic targets, existing sector data collection frameworks and results indicators used by other donors in the sector.
Project Implementation Status
The main objective of the project is to finance investments aiming to reduce the non-revenue water, increase water supply as well as improve sanitation services throughout Jordan. A first upfront disbursement of USD 16.3m under the grant and EUR 120m under the EIB loan was completed in November 2024. The Ministry of Water and the EIB were developing the implementation structure with the assistance of a consultant supported from the Economic Resilience Initiative Technical Assistance envelope financed by EIB’s own resources. All required documents, including those relating to Environmental and Social compliance have been finalized in H1 2025.
Subsequent disbursements are scheduled to take place annually, subject to (1) achievement of the Disbursement Linked Indicators (DLI) and (2) allocation of at least 70% of the precedent disbursement to eligible expenditures, both to be confirmed by an independent auditor (Jordan Audit Bureau). First review of allocations and compliance with the DLI is scheduled for H2 of 2025.
Relevant Documents: