Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD backs Morocco’s efforts to speed up green energy transition

The European Bank for Reconstruction and Development (EBRD) is joining efforts with Moroccan Ministry of Energy Transition & Sustainable Development to accelerate the decarbonization of the electricity sector in Morocco. The two sides signed on Wednesday a MoU on the sidelines of the 2023 Annual Meetings of the World Bank & the International Monetary Fund […]

Africa Energy Headlines International

DRC to expand exploration, mining of metals for green-energy transition

Exploration for nickel and chrome will begin ‘in the next few days’ in DR Congo’s southern, diamond-rich Kasai region, Congo’s president has said, adding that his country wants to position itself as a key source of the two strategically important metals in the green energy transition. Democratic Republic of Congo (DRC) wants to position itself […]

Energy Europe Finance Headlines International Morocco

EBRD, EU, GCF Support Morocco’s Green Transition with €25 Mln Funding

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF) and the European Union (EU) have agreed to provide a financing package of up to €25million to Banque Centrale Populaire (BCP) to support Morocco’s green transition. This is the third facility provided to BCP under the GCF Green Economy Financing Facility (GEFF) […]

Community Energy Europe Headlines International Morocco

Morocco, EU to work together towards green energy transition

Morocco and the EU signed an agreement dubbed, Green Partnership, to promote a transition towards clean energy and counter global warming. Under the deal, the two parties shall cooperate to meet commitments under the Paris Agreement to cut greenhouse gas emissions, protect the environment and promote the green economy. The agreement is part of the […]