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Thursday 22 August 2019

Morocco, GCF Discuss Means to Develop Bilateral Cooperation

Vocal synthesis
Morocco, GCF Discuss Means to Develop Bilateral Cooperation

Secretary of State for Sustainable Development, Nezha El Ouafi, held talks Monday in Songdo, South Korea, with Ousman Jarju, Director of Green Climate Fund’s Country Programming Division, which focused on the means to enhance cooperation between the Kingdom and the Green Climate Fund (GCF).

The talks, held on the sidelines of the GCF Global Programming Conference, were an opportunity to draw up a work programme for the next few years, which took into consideration Morocco’s privileged position in the Fund's programs in the region as well as the Kingdom’s leadership at the regional and international levels in the areas of sustainable development and environmental protection.

El Ouafi seized this opportunity to shed light on the dynamics of the sector of sustainable development in Morocco under the leadership of HM King Mohammed VI, and highlighted the various projects launched in the Kingdom, including the National Strategy for Sustainable Development.

Recalling that the share of renewable energy in the national energy mix has reached 35%, El Ouafi said that Morocco intends to increase the contribution of these energies to 52% of the national energy mix by 2030.

Morocco is committed to achieving the ambitious goal of reducing greenhouse gas emissions to 42% by 2030, she pointed out.

The two sides also discussed Morocco's expectations, particularly with regard to the preparation of climate investment projects and access to financing, in order to support the momentum witnessed by Morocco at the local and continental levels.

The Global Programming Conference, which runs through August 23 in Songdo, brings together over 600 stakeholders from developing and developed countries, comprising ministers, GCF National Designated Authorities or focal points, Accredited Entities, and others to explore how the Fund can support them in achieving their climate ambitions.

GCF’s Global Programming Conference serves as a platform for high level-dialogue on country and entity programming plans with GCF.

MAP 20 August 2019