Published: 2022-05-28 20:23
Last Updated: 2022-12-10 04:01
The World Bank confirmed that Jordan faces climatic challenges, including rising temperatures, decreasing rain, increasing drought, and shrinking water resources due to evaporation.
In a recent report, the organization clarified that Jordan is still highly dependent on imports of fossil fuels with its limited natural resources and the severe scarcity of water resources for a population of 10.3 million people, including more than a million refugees. The World Bank explained that the extreme heat and scarcity of water resources lead to a high demand for energy and increases the financial burden on the state budget and affects the competitiveness of the economy.
Jordan was the first developing country to build monitoring, reporting and verification systems and a registry for greenhouse emissions data in accordance with international standards that form the building blocks of a future emissions trading system, in cooperation with the World Bank’s Climate Repository Program and the Partnership for Market Implementation to develop and test this digital infrastructure.
The report stated that Jordan, in order to prepare for its monitoring, reporting and verification system, issued in 2019 a decree on climate change that establishes the institutional and regulatory framework on climate change in government agencies, with the assistance of the Partnership for Market Equipping, which preceded the Partnership for Market Implementation.
Jordan has also established its monitoring, reporting and verification system to track greenhouse gas emissions in sectors such as energy, transportation and agriculture, and to account for emissions and their reductions, and to link the results to its national contribution to combating climate change, and its data logging system has been established to support trading operations for eligible projects in international carbon markets. In the midst of this process, it was decided to make this software open source and make it available to any interested country.
Senior Climate Change Specialist at the World Bank, Harikumar Gadi, said that Jordan has a leading role in the field of climate, as it is the first developing country in the world to possess this type of comprehensive systems and its system of monitoring, reporting and verification of a high degree of quality, explaining that the Bank is currently unifying its approach To facilitate its implementation in other countries within the framework of his new initiative (Partnership for Market Implementation).” He explained that this system is now being simulated in the West Bank and Gaza and in Sri Lanka with the help of the Partnership for Market Equipping, stressing that many countries in the Middle East and North Africa , Africa, Latin America and Asia have expressed their interest in open source technology for monitoring, reporting, verification and data logging systems.