Morocco features in EBRD’s 2025-2029 strategy to strengthen connectivity and climate resilience

Morocco features in EBRD’s 2025-2029 strategy to strengthen connectivity and climate resilience
Saturday 21 December 2024 - 18:48

Morocco is a key focus of the European Bank for Reconstruction and Development’s (EBRD) 2025-2029 infrastructure strategy, addressing critical challenges in water management, energy transition, and infrastructure modernization.

In 2023, 56% of the EBRD’s portfolio in Morocco was allocated to sustainable infrastructure, underlining the country’s strategic importance.

The EBRD’s strategy revolves around three priorities: improving connectivity, enhancing resilience, and accelerating the climate transition.

This includes modernizing transport and communication networks, strengthening infrastructure against crises, and reducing CO₂ emissions in sectors like transport, energy, and agriculture. With a projected $8.3 trillion global infrastructure investment gap by 2040, the EBRD aims to bridge this through integrated projects across key sectors.

In Morocco, key initiatives include a €300 million loan to modernize public enterprises—ONDA (airports), ADM (highways), and ONEE (electricity and water)—to enhance resilience and tackle climate impacts. A €150 million investment in drip irrigation for the Saïss Plain promotes sustainable water use while boosting agricultural productivity.

EBRD also supports water security projects, including a €200 million loan to OCP Group for desalination facilities. In addition, projects like the €12 million loan for water and wastewater improvements in Guelmim-Oued Noun and a €65 million investment in port modernization in Casablanca and Jorf Lasfar, demonstrate the EBRD’s commitment to green infrastructure.

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