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Green Finance: Sustainable emissions reach MAD 4 billion in Morocco

A total of 5 sustainable issues were realized on the Moroccan market, totaling a total amount of nearly 4 billion dirhams.

This was announced in Casablanca, the president of the Moroccan Authority of Capital Market (AMMC), Nezha Hayat, who was speaking at a conference debate organized by the British Chamber of Commerce for the Morocco under the theme “Green Finance: where is the financing of green growth in Morocco”?

Hayat confirmed the market’s appetite for emissions with a sustainable label, welcoming innovations in terms of issuers, eligible projects, fund allocation, currency issues and instrument categories.

She also highlighted the international recognition of the Moroccan approach to green finance, in view of the alignment of the rules with international standards, noting the active participation of the AMMC in international working groups dedicated to the Green Finance, particularly as a member and co-chair of the Sustainable Banking Network.

Regarding the commitment of the financial sector in the Kingdom for sustainable development, it has shed light on the implementation of roadmaps by sector players aiming to align the financial industry on sustainable development and promote the emergence of sustainable finance in Africa.

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