The Moroccan project received the aid from NAMA Facility, an international climate finance program. The program seeks to boost “ambitious action on climate change.”
Rabat – Moroccan project, Integration of energy efficiency in the building sector, has received a €20 million fund from the Nama Facility, an international climate finance program that seeks to encourage “ambitious action on climate change.”
The project earned financial aid as part of an international contest.
Commenting on securing the fund, Minister of National Territorial Development and Urban Planning Abdelahad Fassi Fehri said that the selection of the Moroccan project confirms Morocco’s “pioneering” role in the fight against greenhouse gas emissions and climate change.
According to the Ministry of National Territorial Development and Urban Planning, the building sector is “one of the major energy-consuming areas in Morocco, it represents 33% of the final energy consumption and records a strong growth of the annual energy consumption.”
Morocco suggested the national energy efficiency strategy to achieve energy savings of around 20% through “better use of energy in all areas.”
The ministry added that the integration of energy efficiency in construction is “one of the levers that will help to meet the kingdom’s energy challenges and achieve its objectives in the fight against climate change.”
Fassi Fehri said that Morocco is “strongly committed, in accordance with the guidelines of King Mohammed VI, to a worldwide movement to fight global warming and limit greenhouse gas emissions.”
Morocco’s project was selected after an evaluation of all projects submitted.
Experts from the NAMA Facility carried out assessments on the projects.
“This project was carried out in partnership with the Ministry of Energy and Mining and the Al Omrane Group,” he said.