During the opening of a workshop on studying legislation regulating green hydrogen
Al-Kharabsheh: Jordan is moving towards a green hydrogen economy with steady steps
Amman / February 7th , 2024 - Minister of Energy and Mineral Resources, H.E Dr. Saleh Al-Kharabsheh, confirmed on Wednesday that Jordan is moving towards a green hydrogen economy with steady steps.
Al-Kharabsheh added during the opening of a workshop entitled “Study of legislation regulating green hydrogen in Jordan” in the presence of the Secretary-General of the Ministry, Eng. Amani Al-Azzam, that the Ministry signed twelve memorandums of understanding and one framework agreement with international and local investors interested in conducting the necessary studies to develop green hydrogen projects in Jordan.
Al-Kharabsheh appreciated the importance of the workshop in exchanging ideas with investors, donors, financing bodies and all participants, in an effort to come up with the most appropriate and comprehensive model that encourages investment in the field of developing green hydrogen projects in Jordan.
Al-Kharabsheh thanked the World Bank for organizing the workshop, which is part of the existing cooperation program to study options for legal and regulatory frameworks for green hydrogen for the purposes of production, domestic use and exports in Jordan, pointing to the role of the Multi-Donor Trust Fund (MDTF), which is supervised by the World Bank and funded by the governments of the “United Kingdom, The Netherlands, Canada, Germany and Norway" in its support of economic reform efforts in Jordan in partnership with the Ministry of Planning and International Cooperation.
The workshop participants discussed the outcomes of options for developing green hydrogen and ammonia projects in Jordan, with potential financing structures, risk allocation between private developers and the government, and a review of current contractual arrangements for deploying energy and infrastructure investments in Jordan.
The workshop, which was attended by 58 participants from relevant public sector institutions and representatives of green hydrogen investors, was held with funding from the Multi-Donor Trust Fund for Inclusive Growth and Economic Opportunity in Jordan and with the support of the Economic Reforms Implementation Support Unit in the Ministry of Planning and International Cooperation (MOPIC). The World Bank Group manages the Fund along with the Ministry of Planning and International Cooperation, and is funded by the governments of “United Kingdom, The Netherlands, Canada, Germany and Norway” to support economic reform efforts in Jordan.