The French Development Agency (AFD) is committed to financing green sector projects. That is why it has developed the Sustainable Use of Natural Resources and Energy Finance initiative – SUNREF.
To date, the organization has committed more than EUR 2 billion internationally, alongside EUR 65 million in EU subsidies as part of SUNREF.
This includes USD 53 million which has been extended to two Jordanian banks for onward lending at highly attractive rates and terms to Jordanian firms and households wanting to make green investments.