In a collaborative effort to advance climate finance and sustainable development in Jordan, the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) have given the green light to a USD 4 million investment in Tamweelcom, the country’s second-largest microfinance institution.
The financing includes a senior unsecured loan of up to USD 4 million, with EBRD contributing up to USD 3 million and GCF…