The European Bank for Reconstruction and Development (EBRD) allocated in 2024 a record €530 million to Morocco for 12 projects, with 59% focused on green economy initiatives.
This included a €200 million loan to OCP Group for two desalination plants aimed at improving water security and reducing freshwater use in industrial production by 2030.
EBRD invested €2.4 billion in the Southern and Eastern Mediterranean (SEMED) region in 2024, up from €2 billion in 2023. Nearly half (49%) of these funds supported green economy projects, while 55% went to the financial sector and 21% to sustainable infrastructure. Gender equality initiatives accounted for 60% of investments across SEMED, with Morocco dedicating 50% to this cause.
Additionally, 33% of projects focused on reducing inequalities and developing human capital. The Bank also secured €514 million in co-financing.
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