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Green finance strategy for the sustainable development of the Moroccan financial sector
Details
Locations:Morocco
Start Date:May 8, 2024
End Date:Unknown
Contract value: USD 300,000
Sectors: Banking, Environment & NRM, Macro-Econ. & Public Finance
Description
Selection Number: 2007418
Contract Description: Morocco: Green finance strategy for the sustainable development of the Moroccan financial sector
The primary objective of this initiative is to follow up on the objectives put forward in the 2016 roadmap for aligning the financial sector with sustainable development, and to identify the financing needs expressed within the numerous national climate and environmental strategies, and as far as possible in other sustainability-related areas, as well as the capacity and means of mobilizing resources within the financial sector and internationally to meet these needs.
Nevertheless, the focus for this exercise will remain green and climate, and to do this, it is first necessary to identify and quantify the financing gap for achieving national environmental and climate objectives, as well as the potential sources of financing that could be mobilized to fill this gap, with priority emphasis on commercial/private sources that could be mobilized to complement public and international financial resources.