Posts Tagged ‘World Bank’

Morocco Rises Two Spots, Continues Leading North Africa in World Bank’s Latest “Doing Business” Report

Washington, DC, October 27, 2016 (MACP) — Released on Tuesday, the World Bank’s 2017 “Doing Business” report ranked Morocco 68out of 190 countries in ease of doing business—a two-spot gain since last year—making it number one in North Africa and fourth overall in the greater Middle East/North Africa region. The report praised a number of actions taken by Morocco over the past year, including: making “the process of starting a ...

Piloting results-based financing for disaster risk and climate resilience in Morocco | The World Bank

The World Bank’s first Program-for-Results (PforR) loan in disaster risk management and resilience builds on Morocco’s regionalization reforms and its leadership on the upcoming COP22 climate conference: Can results-based financing help countries better prepare for natural disasters? Can we use financial incentives to promote disaster prevention instead of disaster response? And how can insurance programs mitigate the financial fallout that often accompanies disasters? In Morocco, we’ve been working with the ...

Morocco’s Progress toward Economic Diversification Must be accompanied by Greater job Creation and Youth Inclusion | The Financial

A World Bank official on Morocco’s reform and development progress, as well as what’s next for Morocco-World Bank efforts: World Bank Vice President for the Middle East and North Africa (MENA) region, Hafez Ghanem, closed on February 25 a four-day official visit to Morocco. He highlighted the critical strategic partnership between the World Bank Group and Morocco and called for continued and enhanced cooperation. In an adverse regional and global ...

Morocco Lets Nothing Go To Waste | The World Bank

Morocco’s “exemplary” waste site turns trash into a resource; “a promising model of what other landfills can and should look like”: [...] The Oum Azza landfill is also set up to derive value from organic waste, which represents a large share of the trash in Morocco (about 60%, compared to 30% in Europe), by tapping into the biogas that results from the process of decomposition. Tubes and spigots will one ...

World Bank grants Morocco US $300 million loan to support green growth strategy | MAP

International lenders continue to support Morocco’s booming renewable energy sector: The World Bank announced on Friday a US $300 million loan to support the implementation of Morocco’s comprehensive green growth strategy. The second in a program of two operations designed to support the shift towards a low carbon economy, the Second Inclusive Green Growth Development Policy Loan (DPL) is focused on policies aimed at preserving the environment and protecting the ...
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