The EU-funded SwitchMed programme is supporting businesses in Jordan to achieve the potential of Resource Efficiency and Cleaner Production (RECP), to increase profitability and to make the transition to a green economy. Initial results point to annual energy savings worth a million euros among a group 12 participating companies.
A press release from SwitchMed said its MED TEST II component had been demonstrating the potential of RECP to 12 selected industries in Jordan, including the vital component of Material Flow Cost Accounting (MFCA) that assists companies not only to manage the transition to the green economy, but also to increase their profitability.
MFCA is a management tool that helps organisations manage their material and energy practices in such a way as to achieve financial and environmental gains, facilitating the tracing and quantifying flows and stocks of materials into physical units and associated costs. These evaluations can help organisations monitor resource use and adopt measures for reducing environmental costs.
Following a workshop last year, demonstration companies in the Jordanian food sector are leading the transition of Jordan’s industries to become more resource efficient and competitive. Recommendations to improve the information system identifying priority flows according to MFCA standards (raw materials, water, energy, etc.) have so far been gathered from 5 companies, leading to an adoption rate of over 80% of the identified measures among the companies.
A further training will take place in Amman in July, to conclude on the potentials of RECP in the participating companies from the Jordanian food industry. With final results from the MED TEST II demonstration phase expected to come in the third quarter of 2017, measures related to energy savings already indicate an annual saving potential of €1 million for the 12 participating companies, highlighting the green economy potential for companies, the environment, and the national economy.
SwitchMed sustainable consumption and production programme aims to promote a switch by the Mediterranean economies towards sustainable consumption and production patterns and green economy, including low-emission development, through demonstration and dissemination of methods that improve resource and energy efficiency. It also seeks to minimise the environmental impacts associated with the life cycle of products and services and, where possible, to promote renewable energy.