Morocco—Green Value Chains (Morocco GVC)

As the green value chain line of the Green Economy Financing Facilities (GEFF), the Morocco Green Value Chains (Morocco GVC) project builds upon the market achievements of the European Bank for Reconstruction and Development (EBRD) Sustainable Energy Financing Facility (MorSEFF) programme, managed by DAI. The Facility represents simultaneously the first extension of the GEFF framework to a French business language country among the EBRD countries and the first to combine small firm competitiveness concepts with the green economy.

Morocco GVC is a €90 million facility, co-financed by the European Union, the Green Climate Fund, and the Korean Technical Assistance & Cooperation Account. The Facility provides dedicated credit lines, supported by financial investment incentives and technical assistance, to local participating financial institutions in Morocco for on-lending to help finance high-performance technologies and services supporting a green economy and boosting the competitiveness of small and medium enterprises.

The Facility works with Groupe Société Générale, Credit du Maroc, Groupe Banque Populaire, and Groupe Bank of Africa—Banque Marocaine du Commerce Extérieur.

Sample Activities

• Provide partner financial institutions with technical assistance and training in developing marketing strategies and activities to build customer awareness and fill the pipeline with clean energy projects.
• Work with other agencies—including government, business associations, and development finance institutions—to promote the facility and reach potential sub-borrowers.
• Train local engineers, energy auditors, architects, and designers to identify and prepare bankable sustainable energy projects.

Select Results

• Extended €65.2 million in green finance through participating financial institutions to support investments in the green economy transition.
• Mobilized an additional €80.2 million in private finance for green economy investments.
• Financed 208 sub-projects, helping businesses invest in greener, more competitive technologies.
• Reduced emissions by 43,518 tonnes of carbon dioxide equivalent (CO₂e) annually.
• Delivered annual energy savings of 240,763 gigajoules (GJ) through energy-efficiency investments.
• Produced 192,584 GJ of renewable energy annually through project-supported investments.
• Reached 15,748 companies through marketing activities, expanding awareness of green-financing opportunities.
• Trained 510 loan officers (193 women) across participating financial institutions, strengthening the sector’s capacity to assess and finance green investments.