WORLD BANK(WB) has floated a tender for Development of a Green Finance Taxonomy for Morocco. The project location is Morocco and the tender is closing on 05 Mar 2025. The tender notice number is 0002014195, while the TOT Ref Number is 114994411. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Morocco

Summary : Development of a Green Finance Taxonomy for Morocco

Deadline : 05 Mar 2025

Other Information

Notice Type : Tender

TOT Ref.No.: 114994411

Document Ref. No. : 0002014195

Competition : ICB

Financier : World Bank (WB)

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

Name :Login to see tender_details

Address : Login to see tender_details

Email : Login to see tender_details

Login to see details

Tender Details

Following the adoption of a ClimateFinance Strategy in September 2024, aimed at accelerating themobilization of financial resources to help Morocco achieve its 2030mitigation and adaptation goals, Moroccan authorities are developing tools topromote green and sustainable finance and mobilize the necessary financing.This includes the implementation of a Green Finance Taxonomy (GFT), considereda crucial pillar for the development of sustainable finance in Morocco.AGreen Taxonomy is a classification tool designed to provide companies, financial markets, and policymakers with clear information on sustainablebusiness activities. It also offers investors, governments, and bond issuersguidelines for identifying environmentally sustainable assets and businessactivities. According to the International CapitalMarket Association (ICMA), a green taxonomy is a classification system used toidentify activities or investments that will help a country achieve specifictargets related to priority environmental objectives.The development of Morocco's green finance taxonomyis part of a growing momentum in support of the Kingdom's climate strategy, aspart of a well-defined decarbonization roadmap. The World Bank is supporting Moroccan financialauthorities (MoF, BAM, AMMC, and ACAPS) in this effort, in collaboration withfinancial sector actors and international institutions. Scope and Key Focus AreasThe GFT will prioritize environmental issues, with afocus on:Climate Change Adaptation - Addressing risks such as water scarcity, desertification, and natural disasters.Climate Change Mitigation - Reducing emissions through renewable energy and sustainable mobility.Sustainable Water & Marine Resource Management - Ensuring water conservation for economic and ecological stability.Biodiversity Protection & Restoration - Preserving Morocco-s unique ecosystems in line with international commitments.This initiative marks a significant step towardstrengthening Morocco-s sustainable finance framework, f...

Documents

 Tender Notice


Procurement Documents for Morocco

Access a comprehensive library of standard procurement documents specific to Morocco. Here, you'll find all the essential forms, guidelines, and templates required for tender applications and submissions in Morocco

Explore Procurement Documents for Morocco


Want To Bid in This Tender?

Get Local Agent Support in Morocco and 60 More Countries.

View All The Services


View Tenders By


Publish Tenders


Have Any Dispute With The Purchaser?