Amman:The Jordan Enterprise Development Corporation (JEDCO) has introduced a new initiative aimed at assisting small and medium-sized enterprises (SMEs) in Jordan to adopt environmentally sustainable practices. The Green Transformation Program is designed to enhance operational efficiency and reduce production costs for these businesses.
According to Jordan News Agency, the program will offer technical and financial support to help businesses modernize their operations. This includes optimizing the use of energy, water, and other resources, and minimizing waste. Up to 30 enterprises will undergo assessments to evaluate their readiness to implement green practices, with 7 to 10 businesses set to receive financial grants of up to JD 15,000 each, covering 60 percent of eligible project costs.
The program, managed by JEDCO, will be supported by the National Fund for Enterprise Support (NAFES) and the German Agency for International Cooperation (GIZ). These partners will provide expertise in environmental assessments and capacity-building. JEDCO CEO Ghaleb Hijazi emphasized the importance of adopting green practices for sustainable growth and national economic development.
The initiative aligns with Jordan's Economic Modernisation Vision, aiming to build a sustainable economy. Participating enterprises will receive assistance, including environmental awareness and assessments, tailored transformation plans, and guidance on accessing green financing. NAFES CEO Moath Alawin highlighted the central role of SMEs in Jordan's economy and the benefits of the green transition for business competitiveness and sustainability.
The program will be implemented in Amman, Zarqa, Irbid, and Aqaba, focusing on raising environmental awareness, conducting assessments, and providing technical and financial assistance. GIZ representative Simon Floeth described the initiative as a pilot project to help businesses translate environmental commitments into practical improvements, with potential financial returns from sustainable practices.
The launch included a workshop for potential participants, outlining application processes and eligibility criteria.