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Morocco will soon be the world’s next green hub



Morocco, the African Kingdom ranks among the world’s top countries who share the desire to open up new avenues to green growth and the circular economy. The country has introduced several initiatives to improve efficiency, promote renewable energy and create business opportunities around energy-efficient technologies.

 

At World Green Economy Summit (WGES) 2018, participants from Morocco along with HE Nezha El Ouafi, Secretary of State to the Minister of Energy, Mines and Sustainable Development, in charge of Sustainable Development, will outline Morocco’s ambitious environmental plans to instil green economy.

 

WGES 2018 will take place from October 24-25 under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The Summit is a strategic platform to share and exchange knowledge and bring focus to new technologies that will accelerate the growth of a green economy, including improvements in energy efficiency, energy conservation and waste reduction. It is organised by Dubai Electricity & Water Authority (DEWA) and the World Green Economy Organisation (WGEO) in collaboration with international partners under the theme ‘Driving Innovation, Leading Change’.

 

While Morocco recently increased its cooperation with Finland to increase the use of energy from renewable sources, the African nation has also signed a Memorandum of Understanding (MoU) with the European Bank for Reconstruction and Development (EBRD) to prepare a co-financing product for the development of green projects led by small and medium enterprises (SMEs). The project is part of the commitments made by the country at the COP22, which is line with the vision of the of the Moroccan government to attain sustainable development.

 

Morocco’s efforts to develop a green economy and ensure energy efficiency, has always been noteworthy. With green mosques, solar and wind farms, electric buses and a ban on plastic bags, Morocco has been forging ahead with sustainable development policies over the past few years.


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