Jordan Emergency Food Security Response



Project number:


Business sector:


Notice type:


Approval date:

08 Mar 2023


Passed Final Review, Pending Approval

PSD disclosed:

05 Jul 2022

Project Description

Provision of a sovereign loan in the amount of up to USD 130 million (the "Loan") to the Hashemite Kingdom of Jordan (the "Borrower").

The Loan will be for the benefit of the Ministry of Industry, Trade and Supply which is in charge of international and national procurement, storage, sales and distribution of wheat and barley in Jordan. The loan will finance working capital needs related to the international purchase of grain, and support the expansion of the strategic grain storage capacity across Jordan.

Project Objectives

Due to the ongoing war in Ukraine, consequent disruption caused to the international grain supply, and record high prices, the Bank aims to support the government of Jordan through the provision of a loan to ensure the availability of liquidity for international grain purchases and expansion of strategic grain storage capacity, contributing to the country's food security. In parallel to financing, the Bank will also seek to mobilise a technical cooperation ("TC") package.

Transition Impact

ETI score: 61

ETI score: 61

The transition impact of the Project is expected to derive from its contribution to the Resilient and Integrated qualities. Through the proposed Loan, the project provides urgent working capital to the Borrower necessary for the international procurement of wheat, and aims to fund expansion of storage capacity of key agricultural commodities, helping to address the food security risks in the context of the emerging food security challenges. Through the contemplated TC and policy advisory activities, the Project will also be complemented by policy dialogue with a view to the assessment of grain value chain of Jordan, the identification of opportunities for improvement and the potential for the increased private sector participation in the long term.

Client Information


The beneficiary of the Project is the Ministry of Industry, Trade and Supply. Its activities include international and national procurement, storage, and sales and distribution of wheat and barley in Jordan.

EBRD Finance Summary

USD 130,000,000.00

A sovereign loan to the Hashemite Kingdom of Jordan

Total Project Cost

USD 130,000,000.00


EBRD is additional in terms of its ability to provide timely liquidity including through a financing structure that is necessary to structure the Project. Through the proposed TC and policy advisory, the Project is expected to be accompanied by a TC package that will build on EBRD's expertise in the agribusiness sector in the region, as well as identifying potential opportunities for efficiencies in the food import value chains. These policy-oriented initiatives are expected to improve the practices and standards in the Jordanian grain sector.

Environmental and Social Summary

Categorised B (ESP 2019). The purchase of grain is associated with site-specific environmental and social risks which can be managed and mitigated through the implementation of a targeted action plan. An environmental and social due diligence ("ESDD") will be undertaken and will include meetings with the Ministry of Industry, Trade and Supply, other relevant departments and relevant site visits. An Environmental and Social Action Plan ("ESAP") will be drafted and agreed with the Ministry to address the issues identified during due diligence. This PSD will be updated once the ESDD is completed.

Technical Cooperation and Grant Financing

Through the contemplated TC and policy advisory, the Project aims to support the current food security response in the country; seek improvements in the grain value chain; and increase private sector participation in the long term.

Company Contact Information

Ali Zgheib

PSD last updated

05 Jul 2022

Understanding Transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and the associated Performance Requirements (PRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”.  The ESP and the PRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation as well as to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about environmental and social performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD additionally requires its clients to disclose information, as appropriate, about the risks and impacts arising from projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and Compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all activities of the Bank in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The Bank believes that identifying and resolving issues at the project assessment approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts, and also helps to monitor integrity risks in projects post-investment.

OCCO is also responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, both within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to All matters reported will be handled by OCCO for follow-up. All reports, including anonymous ones, will be reviewed. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD Enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM  via email to get guidance and more information on IPAM and how to submit a request.


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