The Mohammed VI Foundation for Environmental Protection, chaired by HRH Princess Lalla Hasnaa, presented, as part of COP28 activities in Dubai, its experience in supporting companies and organizations in their low-carbon transition.
At a Side-event held on Tuesday at Morocco pavilion, the Foundation shared its decarbonization experience and that of its partners who, through an inclusive and participatory approach, have succeeded in developing a national reference tool to help Moroccan organizations calculate their greenhouse gas (GHG) footprint.
The meeting, held on the occasion of the COP28 thematic day on energy, was an opportunity to highlight concrete actions to reduce carbon emissions through testimonials from committed companies, to present carbon offset projects on an African scale that are eligible for the carbon market, and to emphasize the fundamental role of training and capacity building in the success of this low-carbon transition.
The Mohammed VI Foundation for Environmental Protection has stood out as a federator and catalyst for all the efforts of the various players at national level, including ministerial departments, the private sector, local authorities and civil society, to support the Moroccan economy in its low-carbon transition, said Nasma Jrondi, senior decarbonization expert at FM6E.
Jrondi, who moderated the discussions, presented the Carbon footprint tool, developed by the Foundation and its partners, which calculates the carbon footprint of products or the carbon footprint of organizations, through 530 emission factors, all calculated in 2022, 60% of which are adapted to the national context.
This tool, she said, enables both exporting and non-exporting companies to measure the carbon footprint of their products, particularly in anticipation of the entry into force of the Carbon Border Adjustment Mechanism (CBAM), envisaged by the European Union.
During the Side6event, which was attended by a number of speakers including Mehdi Tazi, vice-president of the Moroccan Employers’ Association (CGEM), as well as various Moroccan and foreign institutional and private players, participants emphasized their awareness of the importance of decarbonization, and reviewed the various actions involved in the low-carbon transition.
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