Morocco Jobs and Green Growth Development Policy Operation, 1st of the programmatic series (WB-P513503)

Countries
  • Morocco
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
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
U
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."
Voting Date
Apr 10, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Kingdom of Morocco
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
  • Energy
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 500.00 million
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.
Loan Amount (USD)
$ 500.00 million
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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Oct 15, 2026

Disclosed by Bank Nov 11, 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's website, the approved project aims to enhance labor market inclusion for youth and women, strengthen the business environment, and expand private investment in green sectors, supporting Morocco's government policy roadmap to create jobs. The operation is aligned with the Morocco FY19-25 Country Partnership Framework (CPF) and the forthcoming Morocco CPF (FY2026-FY2035), the WBG strategic focus on jobs, and corporate priorities on gender equality. It is also aligned with the WB Maximizing Finance for Development (MFD) approach, with private investment generated through the project counted towards Private Capital Enabling (PCE). Key prior actions (PAs) verified as MFD-enabled include PA5, which supports adoption of a prudential framework to expand de-risking guarantees for bank lending to SMEs, and PA7, PA8, and PA9, which support regulatory reforms to unlock private investment in distributed renewable energy (DRE) generation, energy efficiency (EE), and the pharmaceutical industry. On the PCE side, PA5 is expected to mobilize an additional US$1.1 billion in new private credit to SMEs, while PA7 will mobilize US$456.5 million in private investment associated with 2,202 megawatts of renewable capacity, with US$152 million attributed to this operation. The project has been tagged as both MFD-enabled and PCE, and is assessed as aligned with the goals of the Paris Agreement.

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

Total Project Cost: US$ 0.00 million

Commitment Amount: US$ 500.00 million 


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.

Task Team Leader: Javier Diaz Cassou 

Title: Senior Economist 

Co Task Team Leader: Petra Valickova 

Title: Senior Energy Economist 

Co Task Team Leader: Samia Mouline 

Title: Senior Financial Sector Specialist 

ACCESS TO INFORMATION

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ACCOUNTABILITY MECHANISM OF THE WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

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