First Independent Mena Newspaper
Morocco’s green transition strategy could generate up to $8 billion in revenue by 2030 through integration with the European carbon market, representing over 3% of GDP, according to an International Monetary Fund report published in April 2025. The IMF utilized a global macroeconomic model covering 15 regions and 14 sectors to simulate the impact of […]
The Moroccan government is considering a carbon tax and plans to release a road map for its implementation next year to meet its climate goals, the Organization for Economic Co-operation and Development (OCDE) said. Morocco has an ambitious target to reduce emissions by 45.5% by 2030 relative to 2010 and to net zero by 2050. […]
Carbon taxes, which the EU braces to impose, could slash by up to 10% South African exports, the central bank warned. The warning comes as the South African economy navigates tumultuous waters, with the flight of foreign investors, corruption, insecurity and electricity outages. The country produces 80% of its electricity from coal and is seeking […]