Morocco is the only energy and commercial corridor connecting Europe, Africa, and the Atlantic basin, stated the Minister of Energy Transition and Sustainable Development, Leila Benali, on Friday, November 15, in Baku.
“The Kingdom of Morocco plays a fundamental role in reconfiguring global supply chains, as it represents the only energy and commercial corridor linking Europe, Africa, and the Atlantic basin,” emphasized Ms. Benali during a panel on “green energy zones and corridors” as part of a ministerial meeting on COP29 energy initiatives.
Morocco is the only African country interconnected with Europe, both in terms of electricity and gas, as well as in logistics, she specified, highlighting the advanced partnership between the Kingdom and the European Union within the framework of the “Green Deal.”
“According to Bloomberg, the Kingdom of Morocco is one of the five key global connectors,” the minister noted, adding that “the world needs one of these players to become a sustainable corridor.”
The government official explained that Morocco’s vision as a corridor revolves around the transit and certification of green molecules and electrons, in line with carbon footprint reduction criteria, social standards, governance, and human rights.
“The Kingdom enjoys the respect and trust of its international partners and honors its commitments to sustainability,” assured the minister, noting that Morocco aims to triple its renewable energy capacity and increase investment in electrical networks fivefold by 2030.
This ministerial meeting, attended by several government officials, aims to launch COP29 initiatives in the energy sector, explore strategies for the successful implementation of various initiatives, including collaboration among stakeholders and the involvement of the private sector, and ensure support from parties for these initiatives as energy outcomes of COP29.
The 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (November 11-22) primarily focuses on climate financing, given the need to enable all countries to reduce greenhouse gas emissions and protect lives and livelihoods against the worsening effects of climate change, particularly for vulnerable communities.