Early Warning System

Countries

Morocco

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

Government of Morocco

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Climate and Environment

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Advisory Services

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

Not Disclosed

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Primary Source

Original disclosure @ EBRD website

Updated in EWS Apr 9, 2025

Disclosed by Bank Feb 12, 2025

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, in its last National Communication to the United Nations Framework Convention on Climate Change, Morocco identified sea level rise as a critical climate-related physical risk. To address this, the Moroccan Ministry of Energy Transition and Sustainable Development (MTEDD) requested support to undertake a study covering: (i) how the expected rise in sea levels will impact economic sectors, such as tourism and agriculture; and (ii) priority adaptation actions and investments to respond to this risk.

Recognizing the need for a multi-stakeholder and multi-scale approach to managing the consequences of sea level rise, the European Bank for Reconstruction and Development (EBRD), in collaboration with MTEDD, will support this request with an assessment of both sea level rise scenarios and the resilience of Morocco’s infrastructure systems and economic activities, with the aim of prioritizing climate adaptation interventions. This will be achieved through the following activities:

- a full sea level rise hazard assessment for Morocco up to 2050 and 2080;
- quantification of spatial hotspots of risk to exposed assets, populations, economic activities and coastal ecosystems and biodiversity;
- prioritization of adaptation interventions based on cost-benefit analysis, including emergency measures in particularly high-risk zones;
- communication of findings of the study via workshops to raise awareness and build in-country adaptive capacity across relevant stakeholders; and
- regional vulnerability maps and adaptation options to visualize high-risk areas and recommended actions in each coastal region.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Borrower information not provided at the time of disclosure

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html