During an official visit to Morocco, the First Vice President of the European Bank for Reconstruction and Development (EBRD), Greg Guyett, highlighted the green dimension of the partnership between the Kingdom and the financial institution, describing bilateral cooperation as “strong, deep, and set to strengthen further.”
In an interview with MAP, Mr. Guyett noted that 2025 is expected to be a record year, with nearly $1 billion in new contracts signed in Morocco. These investments will primarily focus on the private sector, small and medium-sized enterprises (SMEs), and projects related to energy and environmental transition.
A Clear Vision for Renewable Energy
According to the EBRD official, Morocco has adopted an ambitious strategy for renewable energy, making the country a regional reference. “The Kingdom has a very clear vision for the development of clean energy and the transformation of its energy system,” he emphasized.
The EBRD supports this momentum through funding dedicated to:
- Renewable energy production,
- Strengthening and modernizing networks,
- And electrical interconnection projects with other countries.
The goal is to build cleaner, more resilient, and less costly energy systems, in line with Morocco’s climate commitments.
Water: A Strategic Priority in the Partnership
Beyond energy, water resilience is among the major axes of cooperation. Greg Guyett recalled the recent signing of a €150 million financing (approximately 1.6 billion dirhams) for the “Saïss Plain Water Conservation – SAISS III” project.
This project is part of a broader plan aimed at ensuring sustainable water management in a context marked by water stress and climate change. “Water is our main priority in Morocco for the coming years,” insisted the EBRD vice president.
A Resilient and Attractive Economy
Greg Guyett praised the macroeconomic stability of the Kingdom, attributing it to the reforms initiated under the leadership of His Majesty King Mohammed VI. He specifically mentioned the recent attainment of “investment grade” status, sustained economic growth, and controlled inflation.
This stability enhances Morocco’s attractiveness for international investors, alongside other factors such as:
- Competitive production costs,
- Proximity to Europe and Gulf countries,
- And the development of Industrial Acceleration Zones.
SMEs, Youth, and Inclusion at the Heart of Action
The EBRD is also focused on financing SMEs in partnership with Moroccan banks, to facilitate access to credit and value chains. Specific programs target youth and women, particularly through the Women in Business and Youth in Business initiatives.
World Cup 2030: A Sustainable Challenge
Regarding the co-hosting of the 2030 World Cup, the EBRD expressed its readiness to support Morocco on projects related to sustainable transportation, infrastructure reuse, and responsible tourism.
For Greg Guyett, the stakes are clear: to make this global event a lever for sustainable growth, beyond the sporting milestones.
By emphasizing clean energy, water management, and sustainable development, the EBRD confirms that its partnership with Morocco goes beyond mere financing to encompass a structuring green transition, with direct impacts on the economy and daily life of citizens.