The agreement seeks to strengthen the ties of friendship between the two countries, to boost bilateral cooperation and to align the priorities of green hydrogen in Morocco and Portugal with the related decarbonization strategies of the Paris Climate Agreement.
Through this agreement, the two parties recognize the strategic opportunity represented by the decarbonization of the economy and the transition to green energy as mobilizing factors and catalysts for sustainable development, as well as the importance of green hydrogen as a cleaner and more accessible source of energy for the future of the economies of both countries.
Portugal and Morocco also announced the future establishment of a joint working group to examine and implement several actions, including a roadmap for hydrogen and ammonia, as well as the development of a memorandum of understanding on green hydrogen.
During the signing ceremony, organized through videoconference, the two countries’ energy ministers Aziz Rabbah and Matos Fernandes underlined the enormous potentials of green hydrogen, the two economies assets, as well as real investment opportunities offered by this sector.
In an exchange of addresses, Aziz Rabbah recalled that Morocco has undertaken several actions to start the development of green hydrogen, established the National Hydrogen Commission in 2019, launched a series of research and development projects, and elaborated a hydrogen production roadmap.
For his part, the Portuguese Energy Minister said “Portugal is committed to a strategic policy on green hydrogen and aims to organize on April 7 an international conference on this clean energy sector in which the Kingdom of Morocco is invited to participate.”
He noted that the development of the green hydrogen sector requires a particular support from states and governments.