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Under the Patronage of His Majesty King Abdullah II Establishing Jordan’s Leadership In Energy, Water, & Environment (EWE) Productivity March 2009.

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Presentation on theme: "Under the Patronage of His Majesty King Abdullah II Establishing Jordan’s Leadership In Energy, Water, & Environment (EWE) Productivity March 2009."— Presentation transcript:

1 Under the Patronage of His Majesty King Abdullah II Establishing Jordan’s Leadership In Energy, Water, & Environment (EWE) Productivity March 2009

2 1 Acute Challenges Need Jordanian Solutions Jordan imports 96% of energy in 4.9 million tons of oil equivalent (TOE) [2007] Valued at 24% of total imports Equivalent to 20% of gross domestic product (GDP) and 56% of total exports Water currently consumed at over 2X the long-term renewable supply from aquifers and Disi The energy sector alone generates 13.4 million tonnes of carbon dioxide annually Attaining leadership in EWE Productivity means increasing GDP per energy use, water use, and emissions

3 2 Solutions Developed In Jordan Address A Global Demand Emissions productivity requirements call for a 10X increase in global GDP produced per emissions created* Global investments in renewable energies exceeded $100 billion in 2007 with renewable energy sector jobs exceeding 2.4 million in 2006** Efficiencies are achieved through diffusing existing applications and commercializing new energy technologies Jordan has 27 universities and 77,000 registered engineers Applications tailored to developing countries carry significant export potential *“The Carbon Productivity Challenge”, McKinsey Global Institute, June 2008 **“Renewables 2007 Global Status Report”, Renewable Energy Policy Network for the 21 st Century (Paris: REN21 Secretariat and Washington, DC:Worldwatch Institute)

4 3 Energy Strategy Relies on Renewables Jordan’s Energy Portfolio 2007 Percent Jordan’s Target Energy Portfolio 2020* Percent *Jordan Royal Energy Committee, “The Updated Comprehensive Energy Strategy Summary”, December 2007 Imported 96%Imported 61%

5 4 Jordan While Having Limited Oil Reserves, Jordan Is Rich In Renewable Potential Average Annual DNI in Europe and MENA Source: Kevin Ummel and David Wheeler. 2008. "Desert Power: The Economics of Solar Thermal Electricity for Europe, North Africa, and the Middle East." Working Paper 156. Washington, D.C.: Center for Global Development. Data interpolated by global dataset produced by NASA’s Surface meteorology and Solar Energy (SSE) program (http://eosweb.larc.nasa.gov/sse/). With 330 clear days annually, Jordan’s solar radiation density among the highest in Europe and MENA In addition to solar, the annual average wind speed exceeds 7 m/s (at 10 m height) in some areas of the country

6 5 EDAMA Engages Jordan Innovation Building on existing initiatives and the Royal Energy Committee, EDAMA’s private sector champions are developing approaches to drive research collaboration, business creation, and investment establishing Jordan as a leader in solutions for energy, water, and environmental productivity.

7 6 EDAMA’s Objectives Are Bold Maximize the Jordan’s renewable energy generation Create a vibrant new economic sector of renewable energy and water conservation producers and system manufacturers Drive commercialization of new Jordanian technologies Engage the private sector in achieving Jordan’s energy independence Position Jordan as a regional center for smart energy & water Build awareness in the public and private sector to create Jordan as a model for energy efficiency, water conservation, and environmental stewardship

8 7 Private Sector Leaders Driving Task Forces SME Innovation: Unleash innovation through start-ups Greenhouse Gas Trading: Increase participation in global GHG markets International Partners: Attract manufacturing and engineering centers from international companies. Jordan Capital Network: Form a coalition of Jordanian investors targeting SMEs with innovations. Jordan EWE System: Develop Jordan energy, water, and environment system model with development of green collar skilled professionals EWE Infrastructure: Focus on infrastructure upgrades EWE Productivity Awareness: Build public awareness on EWE productivity solutions EWE Productivity Advocacy: Advocate for legislative updates targeted at enhancing Jordan’s EWE productivity Improved Jordan EWE productivity* Increase in renewable energy and water conservation SMEs FDI attracted to Jordan *GDP per energy use, water use, and emissions

9 8 "The Middle East has long experience with issues that other regions are only beginning to worry about, from water scarcity to sustainable energy. Our companies should be at the top of these emerging industries, as the leading source of creative solutions." His Majesty King Abdullah II World Economic Forum on the Middle East Sharm El-Sheikh, Egypt 18 May 2008 www.edama.jo


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