Mohammed VI Foundation for protection of environment, CGEM, to launch eco-transition initiative

Mohammed VI Foundation for protection of environment, CGEM, to launch eco-transition initiative
AFP
Sunday 13 November 2022 - 20:20

An initiative on a just eco-transition in Africa was launched Saturday in Sharm el-Sheikh, by the International Organization of Employers (IOE), in partnership with several parties, including the Mohammed VI Foundation for the Protection of the Environment and the General Confederation of Moroccan Enterprise (CGEM).

Launched on the sidelines of COP 27, in the presence of Nouzha Alaoui, Secretary General of the Foundation Mohammed VI for the Protection of the Environment and Chakib Alj, President of the CGEM, the initiative aims to strengthen awareness around the importance of equipping employees with adequate skills and build capacity to adapt to the impacts of climate change, including job loss.

The launching ceremony was also marked by the presence of the Secretary General of the IOE, Roberto Suarez Santos, and the Vice President of the Egyptian Union of Industries, Tarek Tawfik.

Speaking on this occasion, Alj recalled that Africa is the continent that contributes the least to gas emissions but remains the most affected by the effects of this phenomenon, stressing that climate change hinders development efforts in Africa, especially with regard to the implementation of the objectives of Agenda 2063.

Addressing the impact of climate change on key economic sectors, as well as on food security, Alj noted that these effects cause higher levels of poverty and widen social disparities,

Morocco, like African countries, is suffering the effects of these impacts, which have resulted in a wave of acute drought, reducing the share of water per capita, said the president of the CGEM, noting that the sustainability of this situation will lead to the decline of GDP by 6.5% by 2050.

A global and just transition to low-emissions economies remains a necessity under current conditions, he argued, indicating that most of the climate commitments of African countries have been stronger than the global average, reflecting the continent’s commitment to climate issues.

In this sense, Alj said that Morocco is committed to reducing its greenhouse gas emissions by 45.5% by 2030, which requires investments amounting to about 40 billion dollars, noting that the Kingdom will need double this funding to move towards a flexibility mechanism and a low-emission economy.

He also stressed the need to address certain challenges, including the technological gap that continues to grow between many African countries on the one hand, and the countries of the North on the other, which complicates the adoption of innovative solutions, noting that close and effective cooperation and dialogue between the public and private sectors, as well as with social partners, are necessary to support the just transition.

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