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 […]
Morocco’s Tanger Med port complex is implementing a comprehensive energy transition strategy aimed at achieving 100% green operations by 2030, responding to climate challenges and international maritime regulations while maintaining global competitiveness. The strategy positions the hub between Europe, Africa, and Asia at the forefront of sustainable port operations, reported Challenge Magazine in its latest […]
Kristalina Georgieva, the Director of International Monetary Fund (IMF) called on Africa on Thursday to turn to green energy and to accelerate their transition to clean energy sources and sustainable agriculture given what she called the “existential threat” posed by climate change. “This is the most significant risk we face as a global community. It […]
President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, starts this Wednesday a three-day working visit to Morocco for talks with government officials and leaders of the private sector and civil society. Commenting her Moroccan trip, Ms.Renaud-Basso said the bank is committed to supporting Morocco’s economic growth, regional integration and green economy […]
Belgian group Solvay, specializing in chemicals, will increase its investments in Morocco to support the green transition of various sectors, in particular automotive and aeronautics and renewable energies under a Memorandum of Understanding it signed with the Moroccan Ministry of Industry and Trade. The Belgian group will increase its investments in Morocco to support the […]
Moroccan phosphates and fertilizers producer is setting the example for other industry giants in Morocco by adopting an ambitious roadmap to reach carbon neutrality by 2040 starting with a shift to fully rely on renewable energy in fertilizers production by 2027. The new plan is part of Morocco’s efforts, spurred by the leadership of King […]
The European Bank for Reconstruction and Development has approved loans totaling €50 million to two Moroccan banks, namely “Crédit du Maroc” and “Société Générale Maroc” (SGMB), destined to boost Morocco’s green transition. The loan agreements were signed at the EU-Africa Business Forum in Brussels, co-organized by the European Commission, the African Union Commission, and African […]
The European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the European Union, provides €25 million to Banque Marocaine pour le Commerce et l’Industrie (BMCI) to support Morocco’s green transition. The financing, of which a total of €23.75 million will be provided by the EBRD and €1.25 million by […]
Moroccan Research Institute for Solar Energy & New Energies (IRESEN) has partnered with the European Bank for Reconstruction & Development (EBRD) to advance the Kingdom’s green transition. Under the agreement sealed Wednesday, the two parties pledged to strengthen their cooperation in the promotion of investments in green hydrogen, renewable energy, smart electricity networks, energy efficiency, […]
Bank of Africa of Moroccan BMCE Group has received a €25 million funding provided by the European Bank for Reconstruction and Development (EBRD), with the support of the Green Climate Fund (GCF) and the European Union (EU) to bolster Morocco’s green economy. The announcement was made Friday by the EBRD which contributed €18.75 million, while […]