📋 Tender Overview
Project ID: 56695
Status: Exploratory
Location: Morocco
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 08 Oct 2025
Disclosure date: 11 Sep 2025
Project Description
Provision of a senior unsecured loan to Credit du Maroc ("CDM"), of up to EUR 25 million or equivalent in MAD, as part of a EUR 65m "GEFF +" Package (including also up to EUR 40 million or equivalent in MAD MidGEFF loan). Up to EUR 6.25 million is expected to be co-financed by the Green Climate Fund ("GCF") and a comprehensive incentive grants and technical assistance package will be funded by the European Union, as part of the Morocco Decarbonisation and Climate Resilience Programme ("MDCR"), as well as the GCF. The proceeds of the loan will be used by CDM for on-lending to private companies to finance their climate change mitigation and adaptation investments in a gender-responsive way.
Project Objectives
The project will promote a green economy in Morocco by supporting private sector Moroccan MSMEs and Midcaps implementing climate change adaptation and mitigation investments in a gender-responsive way. The project will specifically target, among other things: small-scale renewable energy, energy efficiency, green buildings, circular economy, climate adaptation investments (with a particular focus on water efficiency and sustainable land management), digitalisation and blue economy investments.
