Tag Archives: Morocco

World Bank Statement on Morocco Earthquake

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WASHINGTON, September 9, 2023―The World Bank today issued the following statement in the wake of the Morocco earthquakes:

“Our hearts go out to the people of Morocco, who are suffering the effects of devastating earthquakes that have caused a tragic loss of life, injuries, and damages in the areas south of Marrakech. We have relayed our profoundest condolences to the Kingdom at the highest levels and offered our full support to the country in the wake of this catastrophe. Our sole focus at this stage is on the Moroccan people and the authorities who are dealing with this tragedy.” 

Contacts:

In Washington: Ashraf Al-Saeed, +1-202-473-1187, aalsaeed@worldbank.org

In Rabat: Meryam Benjelloun, +212659597046, mbenjelloun@worldbankgroup.org

Morocco: A case for building a stronger education system in the post Covid-19 era

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Building a stronger Human Capital could accelerate Morocco’s economic growth, job creation Morocco-Education-780trajectory and competitiveness gains. In 2018, Human Capital was estimated to contribute 41 percent to the country’s wealth per capita, a level substantially lower than in countries with a similar level of development.

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eC2: Study of desalination challenges and opportunities

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Deadline: 20-Aug-2020 at 11:59:59 PM (Eastern Time – Washington D.C.) sunrise-phu-quoc-island-ocean.jpg

The objective of the study is to present a comprehensive overview of the desalination efforts carried out in Morocco and desalination plans included in the sector medium and long-term planning documents, and to identify challenges and potential solutions for bringing private-sector to support government efforts to scale-up desalination in the country.

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eC2: Actuarial modelling of financial losses from Flood Risk in Morocco

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Deadline:  30-Mar-2020 at 11:59:59 PM (Eastern Time – Washington D.C.)floods

The World Bank DRFIP framework aims to strengthen the capacity of governments to take informed decisions on disaster risk finance, based on sound financial/actuarial analysis and to support stakeholders with better risk information for financial resilience. To support Morocco’s Solidarity Fund and more broadly other World Bank clients in need for actuarial modelling of financial contingent liability, the DRFIP seeks to develop a flood risk model for the Moroccan territory (which could eventually be reused to other countries or contexts). This model should allow the estimate of the probabilistic loss distribution for various risk categories or protection scheme beneficiaries, for Morocco as a whole (ground up losses), as well as for FSEC specifically.

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eC2: Investment Readiness Support Program for Moroccan Climate Entrepreneurs

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Deadline: 20-Jan-2019 at 11:59:59 PM (Eastern Time – Washington D.C.) climate

The objective of IFC’s Morocco Climate Entrepreneurship project is to contribute to unlocking clean technology markets in Morocco by building the capacity of the Cluster Solaire and Moroccan ecosystem players to support green ventures in Morocco. This will in turn help contribute to creating high-quality jobs in the sustainable energy and other cleantech sectors while helping Morocco mitigate and adapt to climate-related challenges through local solutions and stimulating growth.

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Thirsty Energy: A five-year journey to address water-energy nexus challenges

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WB_Infographic_6x32_1000About 5 years ago we embarked on a global initiative titled “Thirsty Energy” to respond to water-energy nexus challenges around the world. The initiative, a joint effort of the Water and the Energy Global Practices at the World Bank, has finally come to an end. We wanted to reflect on the lessons learnt along the way, as our team has developed a fantastic set of material and methodologies to move the needle forward on this issue. We hope that the global community takes advantage of this to ignite change.

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Investing in Institutional, Human and Social Capital to Build Morocco’s Future

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STORY HIGHLIGHTS Moroccan flag over Djemaa El Fna Square in Marrakech, Morocco
  • The Morocco Economic Memorandum 2017 builds on the Kingdom’s assets to propose an ambitious albeit realistic pathway to achieving upper middle-income status in the next 25 years.
  • Promoting a more open and inclusive society is one of the key pathways Morocco must take to achieve stronger economic growth, enhance job creation, and gradually close the development gap with more advanced countries.
  • The Memorandum also seeks to address the issue raised by His Majesty, King Mohammed VI, in his 2014 Throne Speech on how intangible capital could become the “fundamental criterion in the development of public policies so that all Moroccans may benefit from their country’s wealth”.

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eConsultant2: Consultant to support microfinance program in Morocco

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Deadline: 26-Jan-2016 at 11:59:59 PM (Eastern Time – Washington D.C.)

MENA FIG Advisory Services (AS) is seeking to recruit a Short-Term Consultant (STC) to world money smallprovide support to specific microfinance projects in Morocco. This program is composed by AS projects with leading MFIs, but also actions at the sectorial level. The STC will primarily work on, but not be limited to, assisting the IFC team to perform product review assessments in leading IMFs and to organize events for the microfinance sector.

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Morocco – Large Scale Irrigation Modernization Project

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On July 8, the World Bank Board of Directors approved the Morocco Large Scale Irrigation Modernization Project, worth a total of $187.5 million, of which $150 million is provided by the World Bank.

The development objectives of the Large Scale Irrigation Modernization Project for Morocco are: (i) for the Doukkala Regional Agricultural Development Office (ORMVA), the Gharb ORMVA, the Haouz ORMVA, and the Tadla ORMVA, to provide improved water service to farmers; and (ii) for targeted farmers in the project area, to have better access to improved irrigation technologies.

The project comprises of three components. Continue reading →

Morocco – Clean and Efficient Energy Project

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On April 24, 2015, the World Bank Board of Directors will decide on the Morocco Clean and Efficient Energy Project. The project involves a total of $158 million, of which $125 million is provided by the World Bank. Here are the highlights of the project.

PROJECT DEVELOPMENT OBJECTIVES (PDO)

The Project’s PDO is to improve the capacity of ONEE to supply and dispatch clean electricity and to meet the demand of targeted customers efficiently in the Project Area.

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