European News Outlet Highlights Morocco’s Efforts in Clean Innovation
Brussels – European information website “EU Political Report” has highlighted Morocco’s achievements in clean innovation, noting that the Kingdom ranks fifth in the world according to “The Green Future Index” produced by Massachusetts Institute of Technology (MIT).
The index measures the degree to which 76 countries and territories are moving towards a green future by reducing their carbon emissions, developing clean energy, innovating in green sectors, and preserving their environment, as well as the degree to which governments are implementing effective climate policies.
The European information website underlines in this regard the energy policy led by Morocco under the leadership of HM King Mohammed VI, which resulted “in a fundamental policy redesign and a goal that renewables would produce 42% of the country’s power by 2020— a target that has now been raised to 52% by 2030.”
“In addition to developing strong wind and solar sectors, says Said Mouline, CEO of the Morocco Agency for Energy Efficiency (AMEE), Morocco has also successfully driven down cost.”
“At less than $0.03 per kilowatt hour, renewables are now our cheapest way to produce electricity,” Mouline adds, noting that fossil fuel subsidies have been eliminated and replaced with energy transition programs.
Morocco is also looking north to Europe, the information website says, adding that some 60% of wind turbine blades produced in a new Moroccan factory will be for the export market, mainly to Europe.
“Europe’s recovery plans will involve billions in hydrogen investment—we are now pushing to develop hydrogen resources, including storage technology and ammonia production to align with those aspirations. It is our new mission as an agency,” Mouline points out.
The Clean Innovation Index reflects each country’s relative number of green patents, cross-border investment in clean energy, and private investment in foodtech.