The World Bank approved this week a $250 million loan to support Morocco\u2019s 2020-2030 Green Generation Strategy.<\/p>\n
The strategy, launched by King Mohammed VI in February, is Morocco\u2019s most ambitious agricultural program to date.<\/p>\n
By 2030, Green Generation seeks to repopulate 133,000 hectares of forests destroyed in Morocco over the past three decades. It also aims to plant 50,000 to 100,000 hectares of trees every year.<\/p>\n
The strategy\u2019s objectives also include the creation of 27,500 direct jobs in the field of ecotourism. Morocco hopes that the sector will reach an added value of MAD 5 billion ($563 million) by 2030.<\/p>\n
The strategy is a landmark plan introducing a paradigm shift in the way Morocco envisions agricultural development by moving from a singular focus on production to one which encompasses building human capital, fostering livelihoods, and nurturing sustainable and climate-smart rural value chains,\u201d said World Bank Maghreb Country Director Jesko Hentschel.<\/p>\n
\u201cAt the same time, the program will strengthen the country\u2019s economic response to the COVID-19 crisis,\u201d he added.<\/p>\n
Morocco\u2019s Green Generation Strategy has four main axes, as detailed by the Moroccan Ministry of Agriculture.<\/p>\n
First, it seeks to create a new model for managing ecosystems, based on a participative approach.<\/p>\n
Second, the strategy aims to manage and develop forests in Morocco according to each forest\u2019s specificities.<\/p>\n
The third axe is the promotion, modernization, and digitization of forest-related jobs.<\/p>\n
Finally, the program will create two independent agencies for the management of forests and natural parks in Morocco.<\/p>\n","protected":false},"excerpt":{"rendered":"
The World Bank approved this week a $250 million loan to support Morocco\u2019s 2020-2030 Green Generation Strategy.<\/p>\n","protected":false},"author":4,"featured_media":319805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[65,64],"class_list":["post-320095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development-partners","tag-morocco","tag-world-bank"],"yoast_head":"\n