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Renewable energies: Morocco “among the most competitive countries in the world”

The green economy development project places Morocco among the most competitive countries in the world in terms of energy production from renewable sources, said the Minister of Industry, Trade and of the green and digital economy, Moulay Hafid Elalamy.

Today, this positioning offers the Moroccan industrial base an exceptional competitive advantage allowing it to offer operators and investors clean energy at extremely competitive costs, said Elalamy, speaking at the opening of the 6th edition of African Meetings on Energy Efficiency.

“Indeed, the world is gradually imposing a carbon tax and, moreover, green energy is in continuous decline in terms of days”, noted Elalamy, stressing that for the Kingdom, this observation constitutes a real opportunity that is imperative to seize to ensure sustainability and longevity in this area.

Likewise, he considered that the reinforcement of energy efficiency requires the development of several aspects related to regulation, standardization and capacity building, calling in this regard for a sharing of experiences and a “rich exchange” and beneficial in the field of energy, on the scale of the African continent.

For his part, the Director General of the Moroccan Energy Efficiency Agency (AMEE), Said Mouline, emphasized the need to change the economic paradigm and move to a green economy to succeed in the challenge of economic transition and the reduction of greenhouse gases, responsible for global warming.

According to him, “the green economy has great potential in terms of job creation for young people in the South and North of the Mediterranean. The number of jobs in future jobs linked to digital and the green economy could increase considerably, thanks to support and capacity building”.

The green economy, he argued, has gained importance in the context of the pandemic, particularly in Africa where the recovery must focus on axes such as access to renewable energy, sustainable mobility, industry decarbonization and energy efficiency.

He also highlighted the efforts made by AMEE in terms of the development of energy efficiency in the various sectors including industry, noting that in this direction several actions have been carried out, in particular a proposal for measures of tax and incentives for high energy efficiency industrial equipment.

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