Why Morocco?

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Roadmap to Sustainability

Under the guidance of His Majesty King Mohammed VI, Morocco has established itself as an emerging power and essential socioeconomic player in Africa.

 The ability to champion a sustainability agenda is owed to a solid commitment to the 2015 General Assembly that set the targets for the 2030 Sustainable Development Goals Agenda.  

 

To ensure the adoption and implementation of the 2030 SDG agenda, Morocco introduced the National Sustainable Development Strategy Framework in 2017.  Soon after, in 2021, Morocco introduced The New Development Model that emphasizes inclusion and social factors in the economic context.

Talent

Strategic Location

Digitally Enabled

Subsidies

Business Attractiveness

Financial Hub

Infrastructure

Sustainable Tourism

Sustainable Development

Agriculture

Manufacturing

Renewable Energy

Crypto Mining

Carbon Credits Market

With regards to attaining the 2030 UN agenda objectives, Morocco ranks 3rd on Africa SDG Index Ranking; much of its success in advancing its environmental & socioeconomic agenda came as a result of the introduction of the National Sustainable Development Strategy Framework & The New Development Model.

It is also fair to acknowledge that Morocco is on its way to becoming a benchmark for its African peers.  However, there is work that remains ahead.  Climate and social risks come with an opportunity cost estimated to be between USD 2 B and USD 25 B of the Moroccan GDP.

Challenges & Opportunities

An Economy That is Championing MENA & AFRICA

Key drivers enabling the transition to a more sustainable economy in Morocco

Gender Equality

  • Ratio of female-to-male in years of education received is much higher for women

  • Female-to-male labour force participation rate is 30%

  • Negative impact on productivity and corporate performance.

Clean Water & Sanitation

  • Manmade wastewater that receives treatment is only 5.4%, increasing expenses to the government and water bills to the consumer

  • Only 15% of total agricultural land is irrigated, resulting in inefficient water use and management

  • Increasing crop prices due to improper irrigation and water scarcity

Decent Work & Economic Growth

  • Employment-to-population ratio is 41.1%

  • The economy needs to become more sustainable to innovate and create more jobs

  • Lack of financial inclusion, only 30% of adults have a bank account

Affordable & Clean Energy

  • 80% fossil fuel (from largest to smallest: oil, coal, biofuels & waste, ng) & 20% renewable

  • 10% of the GDP

  • Morocco has one of the highest rates of solar insolation in the world

Reduced Inequalities

  • The need to enable vulnerable groups

Sustainable Cities & Communities

  • Lack of accessibility to improved water sources

  • 50% Satisfaction with public transport

  • Lack of affordable housing

  • Unsafe air quality

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