Morocco is emerging as a promising destination for climate investment and green industries, according to a report by the Sustainable Policy Institute at the Official Monetary and Financial Institutions Forum (OMFIF), which highlights the country’s distinct model within the Middle East and North Africa (MENA) region.
The report says Morocco’s approach differs from that of Gulf economies, where investment in the energy transition is largely driven by sovereign wealth and state-led spending.
In contrast, Morocco’s model is based on its geographic position, export competitiveness and efforts to move up global value chains, positioning itself as a platform for green industrial development.
OMFIF notes that climate investment flows have traditionally been concentrated in the United States and Europe, but growing uncertainty in the U policy environment could lead investors to seek more predictable long-term opportunities elsewhere.
In this context, Morocco is identified as one of the countries in the MENA region likely to attract increased attention from green investors.
Morocco’s geographic proximity and economic integration with Europe are highlighted as key factors underpinning its attractiveness. The report notes that Europe is increasingly shaping global competitiveness through climate-related regulations, including sustainability standards and mechanisms such as the Carbon Border Adjustment Mechanism (CBAM), which link market access to emissions performance.
These evolving requirements are expected to create both pressure and opportunity for countries connected to European value chains. In Morocco’s case, the report says the shift reinforces incentives to decarbonize industrial production, modernize energy systems and attract investments in low-carbon manufacturing.
The analysis also places Morocco within a broader regional context marked by structural constraints, including water scarcity and exposure to geopolitical and trade-related disruptions. It points to recent instability affecting major shipping routes such as the Red Sea and the Suez Canal as evidence of how quickly external shocks can affect energy markets, inflation and trade balances.
Against this backdrop, the report suggests that investors are increasingly focused on identifying locations where resilience can be built. Morocco is presented as a country seeking to respond to these challenges by integrating climate objectives with broader economic strategy, using its position along global trade routes to anchor green industrial development.
