Climate/World Bank: What the new report on Morocco contains
The visit by Ferid Belhaj, Vice President for the Middle East & North Africa (MENA) region of the World Bank, at the beginning of this week, was an opportunity to provide to the members of the government a draft of its report on climate and development. This document is a draft and therefore not final. The Moroccan Government has several weeks to formulate comments and proposals for possible improvements.
The document will then be submitted to the appreciation of public and private stakeholders, before its distribution during COP27 which will take place on November 06 in Sharm el-Sheikh, Egypt. This Bretton Woods institution would like to make the document public beforehand to stimulate debate on these issues at the level of government, the private sector, citizens, and other development partners. This work is part of the new series of major diagnostic baseline reports that integrate climate change and development considerations. These documents are intended to help countries prioritize the most effective actions to reduce greenhouse gas emissions and stimulate adaptation, while achieving broader development goals. It must be said that all donors have started to integrate climate issues into development and financing policy, which made a person familiar with the matter say that this issue has become a global trend in project financing. The goal is to be pioneers in the greening of the international financial system. In this series, Morocco is chosen as a pilot country, out of around thirty countries worldwide.
This report is based on rigorous data and research and identifies key pathways to reduce greenhouse gas emissions and climate vulnerabilities, including the costs and challenges as well as the benefits and opportunities of doing so. The report proposes concrete and priority actions to support the low-carbon and resilient transition. In short, the report has identified three priority areas which are major challenges for Morocco. These are the fight against water scarcity and the work for the improvement of resilience to floods. The third axis aims to decarbonize the economy, by considering a trajectory aimed at carbon neutrality by the 2050s.
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