21/02/2024

Continuing the collaborative efforts between The World Bank, the Ministry of Finance, and the Reform Secretariat at the Ministry of Planning and International Cooperation, the second meeting of the governmental Green Bond working group took place on February 21, 2024, at the Ministry of Finance.

During the meeting, the World Bank correlated the criteria for climate responsive projects instructions published by the Ministry of Environment under the Climate Change Bylaw No. 79 of 2019 with the efforts of the private sector, exemplified by Arabtech Jardaneh International in supporting the Ministry of Environment in preparing the Climate Investment Pipeline Mobilization Plan (2022-2025). The discussions paved the way for future work on green financing eligibility criteria for capital investment projects.