“Morocco constitutes an example in terms of green economy, with its investments in sustainable infrastructure, particularly relating to the energy and agriculture sectors,” indicated Ncube to the MAP, following the presentation of the 2012 report on development in Africa, noting that “many countries can learn a lot from the Moroccan experience” in the field. Ncube further explained that the AfDB focused in its report on the theme of green growth given the crucial role it could play in economic development and inclusion in Africa, especially since the Continent faces the challenge of efficient and sustainable use of its natural capital and ecological systems. The 2012 report, which was presented as part of the work preceding the official opening of the AfDB Annual Meetings, focuses in particular on the repercussions of current practices on the sustainability of natural assets, the strategies necessary to induce green growth, and the technology transfers allowing its adoption,” continued the AfDB Vice President. For her part, the Director of the Energy, Environment and Climate Change Department at the AfDB, Hela Cheikhrouhou, welcomed the series of policies and laws that Morocco has adopted in order to “move from a situation of high dependence on imported fossil energy towards more and more use of renewable energies,” which will have a notable positive influence on the environment, recalling that the AfDB has worked with Morocco since 2008 with the prospect of achieving this transition “in an economically viable manner, by minimizing choices that can be costly.” “From this point of view, there is a mix of solar, wind, and hydroelectric energies that has just been implemented, with a prospect of reaching 2,000 megawatts for each of these energies,” detailed Hela Cheikhrouhou, adding that the AfDB has mobilized other banks to approve more than 800 million dollars in own and concessional financial resources intended for the financing of this type of project. The AfDB official noted that Africa is facing a global situation in which there is “an accelerated reduction of natural resources - even if the continent has enough compared to others -, a population that is growing greatly, and environmental assets that are particularly vulnerable to climate change.” Thus, “during socio-economic development, natural resource management, and infrastructure investment decisions, African countries must seriously take into account environmental variables.” The Annual Meetings of the AfDB group, which are expected to bring together about 2,700 people, constitute an opportunity to discuss priority themes for the African Continent relating to the strategic orientations of the said Bank in the next ten years, and the main issues, notably inclusive growth, green growth, and youth employment.
News 28 May 2013 3 min read
“Morocco, an example”
“Morocco is an example in terms of green economy and renewable energies,” affirmed the Chief Economist and Vice President of the African Development Bank (AfDB) group, Mthuli Ncube, on Monday in Marrakech.

