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Parties: Cities and Villages Development Bank and the European Investment Bank.

Main Objective of the Agreement: To finance a renewable energy efficiency project in the municipal sector with a total value of €45 million, shared equally between the two banks and €45 million from the Cities and Villages Development Bank, without a guarantee from the Jordanian government.

Target Audience: Municipalities
Term: The agreement is valid for one year and is automatically renewed unless a new version of the agreement is issued or it is canceled.