Bloomberg picks Marrakech for global economy forum, lauds King’s climate action leadership

Bloomberg picks Marrakech for global economy forum, lauds King’s climate action leadership

International financial news agency Bloomberg said it picked Marrakech to host its first conference titled “Bloomberg New Economy Gateway Africa,” in June 2023, highlighting Morocco’s climate leadership in Africa under the leadership of King Mohammed VI.

Michael R. Bloomberg made the announcement on the closing day of the Bloomberg New Economy Forum in Singapore.

This event will bring together leaders from the private and public sectors to discuss the world’s most pressing issues and evaluate potential solutions in the context of local and regional priorities. These will include the impact of a slowing global economy, rising food and energy prices, supply-chain shocks, tightening financial conditions and the growing risk of distress among sovereign borrowers, Bloomberg said in a statement.

It highlighted Morocco’s position as 1st in Africa on the Climate Change Performance Index 2022.

“As we expand our New Economy gatherings to Africa, we look forward to broadening our conversations in Morocco – a major gateway for global trade and climate action,” said Michael R. Bloomberg, founder of Bloomberg.

“Our event will put a special focus on sustainability and resilience, issues critical to the future of every country, and of special importance to King Mohammed VI. We expect our global community of business and government leaders will get a lot out of it,” he said

“We are honored to be hosting the first Bloomberg New Economy Gateway to Africa in June 2023 in Morocco, showing the international recognition of the Kingdom’s regional and continental leadership under the vision of H.M. King Mohammed VI,” said Aziz Akhannouch, Prime Minister of Morocco.

“Morocco has undertaken numerous reforms to improve its business environment, becoming a regional hub for international investment. Morocco is the ideal place to host the event as we lead regional initiatives and projects on sustainable development and decarbonized manufacturing.”

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