The European Investment Bank (EIB) is expanding the use of its digital tool “Green Checker” beyond the European Union, now including Morocco. This free tool allows for the assessment of a project’s environmental performance and verifies its eligibility for green financing from the EIB. Initially designed for banks, it is also aimed at small and medium-sized enterprises (SMEs) and public agencies engaged in sustainable investments.
The extension was announced on November 11 during COP30 in Belém, Brazil, and aims to support climate investments in various regions, including North Africa. The tool guides users step-by-step to measure the climate benefits of a project, such as energy savings and emissions reductions, while confirming its compliance with European taxonomy and the Bank’s standards.
Tailored to local contexts, the “Green Checker” simplifies data entry and adjusts parameters to meet the specifics of the Moroccan and regional markets. Adrien de Bassompierre, head of the EIB representation in Morocco, emphasizes that this free tool facilitates SME access to green financing and accelerates the ecological transition with the support of the private sector.
In Morocco, access to this tool represents an opportunity to boost green finance and attract international investors sensitive to climate issues. It is part of the broader strategy of the EIB and the EU, “Global Gateway,” and complements other instruments and advisory programs aimed at supporting the greening of financial systems and resilience against climate risks.
For over forty years, the EIB and Morocco have maintained a strong partnership, with more than 10 billion euros invested in the country, particularly in energy, water, transport, education, and business support.