Climate Change: An opportunity to transform the private sector? - An insight on Morocco’s Experience

Organisation:
NDC Partnership

It is crucial to engage the private sector in climate action. Companies should adapt their business to the effects of climate change and adopt low-carbon practices in their manufacturing facilities. This is especially the case for energy companies in Morocco, which are responsible for 62 million tons of CO2 emissions, out of 88 million tons emitted annually. Given the rapid increase of energy demand in Africa, they need to “leapfrog” and aim for low-cost and zero-emission power production and transmission solutions.

This country brief provides insights on important progress made in Morocco to engage the private sector in the transition process towards low carbon economic growth. It draws lessons learned from an event co-organized in 2019 by the Confédération Générale des Entreprises du Maroc (CGEM), the NDC Partnership, and the United Nations Development Programme (UNDP). Its purpose is to identify best practices and lessons learned on how policymakers can engage the private sector in climate action and how this can also benefit private companies.

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