Improving access of industrial areas and individual...

Improving access of industrial areas and individual companies to international climate finance

Mr. Sherif BARAKAT, EBRD, Morocco

Improving access

of industrial areas and individual companies

to international climate finance

Who is EBRD?

International financial institution owned by 65 countries We provide: Project Financing Technical Assistance Policy Dialogue

How to improve access?

1. Appropriate conditions in the country and its industrial areas.


1. Appropriate conditions in the country and its industrial areas.2. Companies that can identify and seize opportunities.


1. Appropriate conditions in the country and its industrial areas.2. Companies that can identify and seize opportunities.3. Availability of climate financing instruments and support.

Conditions & Environment

Policy measures (e.g. energy audits)


Policy measures (e.g. energy audits) Awareness


Policy measures (e.g. energy audits) Awareness Incentives for energy efficient equipment


Policy measures (e.g. energy audits) Awareness Incentives for energy efficient equipment Cost-reflective tariffs

What can companies do?

1. Identify mitigation and adaptation opportunities.


1. Identify mitigation and adaptation opportunities.2. Translate these into a business case.


1. Identify mitigation and adaptation opportunities.2. Translate these into a business case.3. Reach out to financing institutions.

Financing instruments & support

Direct financing


Direct financing Indirect financing (e.g. SEFFs)


Direct financing Indirect financing (e.g. SEFFs) Technical assistance (e.g. audits)


Direct financing Indirect financing (e.g. SEFFs) Technical assistance (e.g. audits) Policy dialogue (e.g. labels)

Over the last ten years..

…and in Morocco?

Since 2012: EUR 277 million in green financing

575,000 tons per year of estimated CO2 emission reductions

Examples: Maghreb Industries, Elephant Vert, Khalladi Wind Farm,

Lesieur Cristal, ONEE.

Challenges

1. Availability and demand for trained and accredited professionals2. Availability of technology3. Budget (or business case?)4. Behaviour: high discount rate5. Competition

Sherif BarakatPrincipal Banker, Manufacturing & ServicesEuropean Bank for Reconstruction and Development

[email protected]+212 (0) 5 22 64 91 61www.ebrd.com

Improving access of industrial areas and individual...

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