This project was carried out under the EU’s Trade and Competitiveness Programme, developed by the EIB with the financial support of the EU, according to a joint statement.
This support is part of the objectives of the Morocco-EU Green Partnership signed in October 2022, the statement said, adding that it represents “a concrete illustration of the commitment of the EU and the EIB, alongside the Morocco”, to support companies in their green transition.
A flexible guide for Moroccan companies of all sizes and all sectors
Developed in collaboration with the experts mobilized under the Trade and Competitiveness Program technical assistance, this evolving guide offers clear steps as well as concrete solutions to help companies of all sizes and in all sectors to reduce their greenhouse gas (GHG) emissions in order to move forward on a carbon neutral trajectory. It also offers examples of good practices and testimonials from companies that have made a successful transition.
A simplified route around four themes
The decarbonization guide offers a simplified route adapted to the specific needs of companies, in order to better understand the issues related to the decarbonization process in terms of climate, regulations and competitiveness. It presents the training and technical assistance offer available to companies, in particular to carry out their carbon footprint.
It also identifies all relevant funding programs, while providing case studies and examples of relevant technologies.
Finally, since decarbonization is a continuous process, the guide is filled with news on the regulatory and technological aspects, as well as a section relating to the certifications available, to allow companies to stay up to date with the latest advances in this area, know the same source.
Anticipating global changes
Faced with the climate crisis and the evolution of global regulatory requirements in terms of carbon neutrality, as well as those imposed by international contractors, companies have everything to gain by anticipating these global changes, by producing and lower carbon services.
“Decarbonization has become a necessity for all companies to meet environmental challenges, but also to improve their competitiveness. Perfectly aware of the challenges of the green transition and the resulting opportunities, the Moroccan private sector has gradually and quickly embarked on this path, in line with the ambitious sustainable development strategy adopted by Morocco, under the leadership of His Majesty King Mohammed VI may God assist him,” stressed Chakib Alj, President of the CGEM, quoted by the press release.
“Despite the challenges that the Green Deal and the MACF may cause, Moroccan companies see them as an opportunity to boost the competitiveness of Moroccan production and position Morocco at the center of regional and global industrial and logistics value chains. This guide to decarbonization that we are launching today aims to support this dynamic,” he added.
“The transition to carbon neutrality is a major challenge for Moroccan companies. This is why the EIB, through EIB World, is determined to support them in this transformation towards more low-carbon models. This interactive and educational guide is a unique tool, designed to help companies adopt innovative practices for a greener and more competitive future,” said Ricardo Mourinho Félix, EIB Vice-President responsible for financing in Morocco.
And to add: “This guide on the decarbonization of Moroccan companies is an important step in this decarbonization process, and we are delighted with the very fruitful cooperation with the CGEM. Our goal is to strengthen the competitiveness of Moroccan companies in global value chains”.
For her part, Patricia Pilar Llombart Cussac, Ambassador of the European Union in Morocco declared: “The publication of this guide intended for Moroccan companies is a concrete illustration of our partnership with the CGEM and the EIB in favor of improving the competitiveness of Moroccan companies. The decarbonization of our economies and business activities has become an absolute necessity in the face of the climate emergency, but also an opportunity to improve the competitiveness of Moroccan businesses”.
And to continue: “Decarbonization is an essential investment in favor of a healthier environment for our children and future generations. This is a process that raises many questions that this guide aims to answer. This action with our partners is perfectly in line with the green partnership signed with Morocco and which commits us to working together to face the climate emergency which knows no borders. And the private sector has a key role to play in this partnership”.
