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    Climate Change

    Morocco-Germany: signing in Rabat of a €100 million agreement to finance the climate policy support program.

    19 December 2024No Comments2 Mins Read
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    The Minister Delegate to the Minister of Economy and Finance, in charge of the Budget, Fouzi Lekjaa, and the Regional Head of the Water Sector for North Africa at the German Development Bank (KfW – Kreditanstalt für Wiederaufbau), Jan Schilling, signed a convention of 100 million euros (€100 million) on Thursday in Rabat for financing the climate policy support program in Morocco.

    This program aims to support measures related to Morocco’s resilience to climate change and the transition to a low-carbon economy.

    Speaking on this occasion, Mr. Lekjaa highlighted the quality of Moroccan-German cooperation, particularly through KfW, to address the challenges of climate change and support the ecological transition.

    He also emphasized the growing importance of climate resilience in budgetary and economic logic, recalling the priority given by the Kingdom to the pursuit of a green economy and the intensification of actions in the future.

    For his part, the Minister of Agriculture, Maritime Fisheries, Rural Development, and Water and Forests, Ahmed El Bouari, praised the fruitful collaboration between Morocco and Germany, particularly in the field of agriculture, stating that this signing reflects exemplary cooperation.

    On his side, the Minister of Equipment and Water, Nizar Baraka, underscored the necessity of combating climate change, particularly regarding water management, with a special focus on desalination and water conservation.

    Morocco, he argued, is committed to the development of tomorrow’s energies, which play an increasingly significant role.

    The Ambassador of the Federal Republic of Germany in Rabat, Robert Dölger, noted that the signing of this convention is meant to be a strong symbol of exemplary cooperation, marked by mutual trust and fruitful collaboration on a common agenda aimed at addressing major challenges.

    In this context, he pointed out the urgency of acting immediately in the face of climate change challenges, as the climate issue constitutes a strategic priority for the future.

    Regarding the director of the KfW office in Morocco, Janne Rajpar, she stated that combating climate change is a central and emblematic pillar of cooperation with Morocco.

    At the end of this ceremony, which was also attended by the Secretary General of the Ministry of Energy Transition and Sustainable Development, Zakaria Hachlaf, Mr. Lekjaa and Mr. Dölger expressed their satisfaction with the level of partnership ties between Morocco and Germany, while affirming their willingness to work towards strengthening them.

    €100 million Morocco-Germany: Rabat signing
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    Next Article Global coal demand reached a record level in 2024 (IEA).

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