2024-06-19 18:52:47
Initialed by the Minister of Power Transition and Sustainable Improvement, Leila Benali, and the Director Normal of Sustainable Infrastructure on the EBRD, Nandita Parshad, this settlement goals to speed up the deployment of renewable energies, strengthen the electrical energy community, deploy power effectivity options in all sectors and to develop an open and useful electrical energy market.
As a part of this Memorandum of Understanding, the EBRD and the ministry agreed to assist the Nationwide Workplace of Electrical energy and Ingesting Water in its decarbonization efforts and to strengthen the resilience of ONEE, significantly by accelerating the digitalization of the corporate and thru the implementation of Legislation 48-15 referring to the regulation of the electrical energy market.
The scope of the cooperation will cowl a variety of areas of frequent long-term strategic curiosity, together with the implementation of a carbon impartial trajectory and the phase-out of fossil-based belongings over the approaching a long time.
Morocco is acknowledged as a rustic that has one of the formidable methods within the area by way of the event of renewable energies and new pioneering inexperienced applied sciences.
For greater than a decade, the EBRD has supported the decarbonization of the Moroccan power sector and its inexperienced power transition by means of direct and oblique financing initiatives and coverage dialogue, making the EBRD right now probably the most energetic worldwide monetary establishment in favor of inexperienced investments within the Moroccan non-public sector.
“We’re very happy to announce right now this partnership with our long-standing associate, the EBRD, which comes at an important second in our relationship with our European companions, with the signing of the inexperienced partnership by Morocco,” declared Ms. Benali on this event.
“That is all of the extra essential given the formidable funding program launched by ONEE and its transformation,” she pressured, noting that this memorandum of understanding “will assist a key factor of our technique: strengthening networks and making certain long-term sustainable financing in agile and sturdy power techniques”.
For her half, Ms. Parshad indicated that “within the face of the local weather emergency, Morocco has been on the forefront of the continent’s local weather effort and is now taking new measures to place the nation on a sustainable path as effectively by way of adaptation and mitigation of the results of local weather change.
“At this time, by signing this memorandum of understanding, we’re strengthening an already dynamic cooperation by way of power transition. We welcome the ministry’s dedication to the decarbonization of the electrical energy sector,” she mentioned. concluded.
2024-06-19 18:52:47