SHARM EL-SHEIKH, Egypt, November 8 (Reuters) – Israel and Jordan signed a memorandum of understanding on Tuesday to move forward with a water-for-energy deal after an initial review of the project deemed feasible.
The idea, first announced a year ago, is for Jordan to build 600 megawatts of solar power capacity that would be exported to Israel. In return, Israel would provide water-scarce Jordan with 200 million cubic meters (mcm) of desalinated water.
The MoU was signed during the COP27 climate summit in Egypt at an event hosted by the United Arab Emirates, which in 2020 became the first Gulf state to normalize relations with Israel and has been partners in the project.
Israel’s Energy Ministry said teams from each country have met regularly over the past year to review financial, planning and regulatory aspects of the project.
Tuesday’s signing, the ministry said, “expresses the common will of countries to address the climate crisis through cross-border cooperation.”
The Middle East is highly vulnerable to climate change and this will be the first such cooperation between Israel and Jordan.
Reporting by Valerie Volcovici and Ari Rabinovitch Editing by Alex Richardson and David Goodman
Our standards: The Thomson Reuters Trust Principles.