European Investment Bank (EIB) today announced an additional EUR 100 million of new investment for construction of the Aqaba Amman Desalination and Water Conveyance project. The scheme will desalinate water from the Red Sea and transport it to Amman and towns across Jordan, one of the most water-scarce countries in the world, thereby contributing to climate change adaptation. This additional funding follows EUR 200m signed in December 2022.