📋 Tender Overview
Project ID: 56275
Status: In Exploratory, Pending Final Review
Location: Morocco
Industry Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 02 Dec 2026
Disclosure date: 29 Oct 2026
Project Description
Provision of a senior unsecured loan to Credit Immobilier et Hotelier ("CIH"), of up to EUR 30 million, as part of a EUR 55m "GEFF +" Package (including also up to EUR 25 million GEFF III loan). Up to EUR 2.4 million is expected to be co-financed by Canada through the multi-donor fund High-Impact Partnership on Climate Action ("HIPCA Canada"). A comprehensive Technical Cooperation support for this operation will be funded by the European Union as part of the Morocco Decarbonisation and Climate Resilience ("MDCR"). The proceeds of the loan will be used by CIH for on-lending to private companies to finance their climate change mitigation and adaptation investments.
Project Objectives
The project will promote a green economy in Morocco by supporting eligible private sector Corporates implementing mid-size climate-resilient investments. The project will specifically target, among other things: mid-size renewable energy investments, mid-size industrial energy efficiency projects (such as energy efficiency upgrading of industrial sites), green buildings, eligible private sector investments in the municipal infrastructure sector, as well as climate adaptation projects (such as wastewater treatment or water desalination) and circular economy investments.
