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Home News The AMMC and IFC continue their collaboration to promote the development of sustainable finance on the Moroccan capital market

The AMMC and IFC continue their collaboration to promote the development of sustainable finance on the Moroccan capital market

29 June 2022NewsMarrakech Pledge

The Moroccan Capital Market Authority (AMMC) and the International Finance Corporation (IFC) are deepening their partnership to advance sustainable finance within Morocco’s capital market. Xavier Reille, IFC’s Country Manager for the Maghreb, emphasized the significance of this collaboration, stating: “This new partnership will help stimulate domestic and international green investments in line with the objectives of the Kingdom’s development model.

This initiative aligns with Morocco’s broader efforts to position itself as a leader in green finance, supporting the nation’s transition toward a sustainable and resilient economy.

Read more : https://www.ammc.ma/en/actualites/press-release-ammc-and-ifc-continue-their-collaboration-promote-development-sustainable

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The « Marrakech Pledge » for « Fostering Green Capital Markets in Africa » is a commitment by all African Capital Markets Regulators and Exchanges to act collectively in favor of sustainable development by enabling the establishment of Green Capital Markets in Africa with the aims to promote Africa as a prominent regional green financial marketplace and an attractive destination for green and climate-resilient investments.

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