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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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Stocktaking of Jordan's policy framework for investment in renewable power

This chapter reviews Jordan’s current policy and regulatory framework for investment in renewable power, including key policy reforms implemented to date to support such investment. The Government of Jordan has provided significant support to renewable power over the past decade. Jordan has put in place several laws, regulations, targets and incentive schemes to promote investment in renewable power, especially in solar PV and wind energy projects. This chapter also takes stock of increasing investment flows in renewable power in Jordan since 2013.

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