Enhancing Access to Climate Finance in Morocco’s Regions

The proposal aims to support Morocco's 2030 Nationally Determined Contribution (NDC) by addressing the lack of climate finance at the regional, provincial, and communal levels. It proposes two main components: the design of a multi-sector National Financing Vehicle (NFV) to blend public and private capital, and the creation of a 'train-the-trainer' capacity-building program for the Climate Change Competency Center (4C). The project will identify a 'champion' region to develop a climate finance pipeline and a GCF concept note, which will then inform the national training program. The initiative is designed to transition Morocco from a project-based funding approach to a coherent national integrated climate change investment strategy.

• Morocco's climate finance is currently concentrated in utility-scale wind and solar projects, leaving regional and local priorities underserved; only 4% of public climate finance has been allocated to adaptation.
• The proposed National Financing Vehicle (NFV) is intended as a blended finance mechanism to aggregate urban, peri-urban, and rural projects and mobilize capital from various instruments, including grants, concessional loans, equity, and guarantees.
• The project will establish a capacity-building program for the Climate Change Competency Center (4C) using a 'train-the-trainer' approach to help regional stakeholders prepare bankable projects.
• A 'champion' region will be selected to pilot the development of a climate finance pipeline and the structuring of at least one project concept note for the GCF, provided the region has an operational Regional Project Execution Agency (AREP), a Regional Development Plan (PDR), and a Regional Climate Plan (PTRC).
• The NFV is intended to fulfill a requirement of the National Sustainable Development Strategy (NSDS) for the establishment of a national fund for the environment and climate.
• The project targets the inclusion of micro, small and medium-sized enterprises (MSMEs), which make up 98% of Morocco's private sector and generate approximately 40% of its GDP.

APA

Green Climate Fund (2019). Enhancing Access to Climate Finance in Morocco’s Regions. https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-morocco-gggi-strategic-frameworks_1.pdf

Chicago

Green Climate Fund. Enhancing Access to Climate Finance in Morocco’s Regions. 2019. https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-morocco-gggi-strategic-frameworks_1.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Enhancing Access to Climate Finance in Morocco’s Regions |date=16 December 2019 |url=https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-morocco-gggi-strategic-frameworks_1.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2019enhancing, author = {{Green Climate Fund}}, title = {{Enhancing Access to Climate Finance in Morocco’s Regions}}, institution = {Green Climate Fund}, year = {2019}, month = dec, url = {https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-morocco-gggi-strategic-frameworks_1.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }