Tender Details

Country: Morocco
Summary: Development of a Green Finance Taxonomy for Morocco
MAT Ref No: 114994411
Deadline: 05 Mar 2025
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002014195
Purchaser's Detail:
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Description:
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:

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Development of a Green Finance Taxonomy for Morocco - Morocco Tender

The WORLD BANK(WB), a Government sector organization in Morocco, has announced a new tender for Development of a Green Finance Taxonomy for Morocco. This tender is published on MoroccoTenders under MAT Ref No: 114994411 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-03-05.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.