10/02/2026

In a significant step toward advancing green finance in Jordan, the Jordan National Green Taxonomy was approved by the Council of Ministers on 1 February 2026, establishing a unified national reference framework for classifying green and sustainable economic activities.

Following the approval, the Central Bank of Jordan issued a circular to banks operating in the Kingdom and licensed finance companies, confirming the adoption of the taxonomy for classifying green projects and activities, as well as for green finance reporting and climate risk management.

The taxonomy aims to enhance transparency, improve comparability, and strengthen the alignment of the financial sector with Jordan’s climate commitments and green growth objectives, while supporting the mobilization of sustainable investments.

This milestone was supported by the Ministry of Planning and International Cooperation (MoPIC) through its membership in the National Taskforce responsible for developing the taxonomy, co-led by the Central Bank of Jordan and the Ministry of Environment, with technical support from the World Bank. MoPIC also facilitated national consultations via the “Tawasal” platform to ensure broad stakeholder participation.