Energy Features Headlines Morocco

Morocco’s Wind Energy Industry to contribute $1.7 Bln in Country’s Economy

The wind energy Industry in Morocco is expected to create 75,000 additional jobs and contribute $1.2 billion in the country’s economy during the four coming years, according to a report released by Global Wind Energy Council (GWEC). A country which installs 1 GW of onshore wind energy capacity per year could unlock a range of […]

Europe Headlines International Morocco

UK lauds Morocco’s climate leadership

As it prepares to host COP26 in Glasgow in 2021, the UK reached out to Morocco, host of COP22, which it described as a climate leader. The remarks were made by COP26 President and the British Secretary of State for Business, Energy, and Industrial Strategy, Alok Sharma, at a video teleconference with Morocco’s Energy Minister […]

Africa Finance Headlines International Morocco

King Mohammed VI Attends Summit on Blue Fund for Congo Basin in Brazzaville

King Mohammed VI arrived Saturday in Brazzaville to take part in the first Summit of Heads of State and Government of the Climate Commission and the Blue Fund for the Congo Basin as “special guest”. After the summit, which will take place on Sunday, the King will pay a working and friendship visit to the […]

Asia Headlines International Morocco

Morocco Passes COP23 Presidency Torch to Fiji

Morocco passed the torch of the Presidency of the 23rd Conference of the Parties to the United Nations Framework Convention on Climate Change (COP23) to Fiji, which is organizing the summit in Bonn, in partnership with German authorities. Salaheddine Mezouar, who has been in charge of the UN Conference since COP22 in Marrakech (November 7-18, […]

Asia Headlines International Morocco

UN Commends Morocco for its Great Presidency of COP22

The Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Patricia Espinosa, on Wednesday commended Morocco for its “great” presidency of the COP22, begun in Marrakech in November 2016. “The Moroccan presidency was great, and we had an incredible partner with whom we delivered together the first session of the Conference of […]

Africa Headlines International Morocco

Morocco Gathers Support for South-South Climate Cooperation in New York

In honoring the pledges made during the COP22 Climate Summit in Marrakech, Morocco hosted on the sidelines of the 72nd UN General Assembly in New York a meeting dedicated to promote south-south climate cooperation. The meeting was jointly organized with the United Nations Framework Convention on Climate Change (UNFCCC) and was attended by several public […]

Business Finance Headlines Morocco

Morocco 1st Green Bond Gets €135 Mln International Financial Support

IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, respectively, in the first green bond issuance by Banque Centrale Populaire (BCP), to promote sustainable, environment friendly projects in Morocco. This is the first green bond issuance in foreign currency […]

Headlines Morocco

Morocco Elected Vice-Chair of the UN Oceans Conference

Morocco was elected vice-Chair of the UN Oceans Conference, held on June 5-9 in New York with the participation of 120 countries. Morocco was unanimously elected by the 193 UN member states as vice-chair of the high-level UN Conference on oceans that aims at reversing the decline in the health of oceans through garnering support […]

Business Energy

Moroccan Firm to Build 25 MW Solar Plant in Côte D’Ivoire

Moroccan firm, Nova Power, will build in Côte d’Ivoire a Photovoltaic power station with a total capacity of 25 megawatts for a total cost of 23.5 billion CFA francs, Local media said. The plant, to be built in Banguebogo, 570 km north of Abidjan, mirrors Cote D’Ivoire’s ambition to diversify energy sources through boosting the […]

Americas Headlines International Morocco

King Mohammed VI Wins ‘Energy Efficiency Visionary Award’ in Washington

The leadership of King Mohammed VI was celebrated in Washington by the Energy Efficiency Global Forum which awarded the Moroccan Monarch its annual Energy Efficiency Visionary award. The award was handed to Morocco’s Ambassador to Washington Lalla Joumala during a ceremony in which the forum organizers highlighted the leadership of King Mohammed VI in the […]