Casablanca Finance City (CFC) takes a new step in its positioning as a leader in sustainable finance in Africa. The financial center has just announced its membership in the United Nations Environment Programme Finance Initiative (UNEP FI) as a supporting institution. This strategic partnership reflects CFC’s commitment to actively contribute to the transformation of the African financial landscape through the integration of environmental, social, and governance (ESG) criteria.
Driven by UNEP, this global network brings together more than 500 major players – banks, insurance companies, and investors – across about fifty countries, collectively representing over $170 trillion in assets. It relies on frameworks such as the Principles for Responsible Banking and those related to sustainable insurance, with the aim of embedding ESG in financial practices on an international scale.
Through this membership, CFC will participate in major international discussions on sustainable finance, through events organized by the United Nations, including COPs, as well as in various working groups and specialized forums. This initiative is part of a dynamic already initiated by the Moroccan financial center, which has multiplied initiatives on the continent.
In recent years, CFC has participated in the development of a national roadmap for sustainable finance, in collaboration with Moroccan regulators. It has also supported, alongside CDG, an ambitious regional voluntary carbon market project, in line with the objectives of the Paris Agreement.
An active member of the Financial Centres for Sustainability (FC4S) network, CFC has also been chairing the World Alliance of International Financial Centers (WAIFC) since the beginning of the year. These positions reinforce its role as a catalyst for financial transitions at the regional and international levels.
For Saïd Ibrahimi, CEO of Casablanca Finance City Authority, this integration is both a strategic choice and a logical continuation. “We want to provide concrete solutions to the challenges of emerging economies and mobilize our ecosystem around climate issues and ESG integration,” he states.
Considered the leading financial center on the continent for eight years according to the Global Financial Centres Index, CFC was also ranked in April 2025 as the top green financial center in Africa by the Global Green Finance Index.
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