Renewable energy fund receives 1.5-million-euro grant |
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AMMAN (JT) - Jordan and France signed on Tuesday a 1.56 million euro grant agreement to support the Renewable Energy and Energy Efficiency Fund.
The grant, which was extended by the French government through the French Fund for World Environment, will be utilised to support activities for promoting the use of renewable energy and the development of alternative energies in Jordan, according to the Planning Ministry.
The fund, which comes under the renewable energy draft law, expected to be passed by Parliament in its current session, is to be an independent body with a board comprising officials from the private and public sectors and a budget provided by donor countries coordinated by the Ministry of Planning and International Cooperation.
The agreement was signed by Minister of Planning and International Cooperation Suhair Al-Ali, French Ambassador in Amman Denys Gauer and Director of the French Agency for Development in Amman Gerard Larose.
Referring to His Majesty King Abdullah's vision and support for renewable energy, the minister reviewed efforts exerted with several donor countries to support the sector.
At the signing ceremony, the minister commended Jordanian-French ties, emphasising the government's commitment to foster relations with France in various sectors.
Al-Ali also underlined the important role the French government plays in Jordanian development through extending support to several priority projects, especially in the fields of water, energy, environment, and local and municipal development.
For his part, Gauer stressed the French government's commitment to increase support to Jordan in a number of sectors, voicing France's willingness to bolster commercial and economic relations.
© Jordan Times 2008
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