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OECD Clean Energy Investment Policy Review of Jordan

image of 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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Policy suggestions to strengthen the enabling conditions for investment in renewable power in Jordan

The Jordanian Government has implemented very promising initiatives to help mobilise investment in renewable power. Based on in-house research, literature review, interviews and stakeholder consultations, this report provides non-prescriptive suggestions for Jordanian policy makers to consider in order to enhancing the already robust and comprehensive legislative and regulatory framework for investment in renewable power. The suggestions span all policy areas covered by the Policy Guidance for Investment in Clean Energy Infrastructure. This report also identifies the key challenges faced in each of these areas and proposes concrete measures for addressing them.

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