Germany to Earmark Additional 357 Million Euros to Cooperation with Morocco

Bonn – Germany will earmark an additional 357 million Euros to cooperation with Morocco, said deputy director-general for North Africa and Middle East of the Federal Ministry for Economic Cooperation and Development of Germany (BMZ), Christiane Bogemann Hagedorn.

Almost 90% of these funds will be allocated to the protection of the environment and the promotion of renewable energies, said the German official, who was speaking Wednesday at a side event, organized at the Moroccan pavilion in COP23 in Bonn under the theme “Climate action in Africa: experiences and prospects”.

Morocco is a source of inspiration in terms of energy transition, as evidenced by the Ouarzazate solar power station, she said, adding that her country supports the Kingdom to achieve its goals in terms of renewable energies development.

She also recalled the launch last year in Marrakech of a partnership, co-chaired by Morocco and Germany, to help implement National Climate Action Plans (NDCs).

The German official also said that the fight against climate change offers great potential for development and can contribute to job creation, particularly in Africa.