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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.
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
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
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