World Bank Group & Morocco
5 shared events · Importance 3 · Last updated Jul 03, 2026
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World Bank Group: The World Bank Group approved $265 million in financing for the Ifahsa Pumped Hydropower Storage Project in Morocco, two days after retiring its climate lending target. This action demonstrates its continued support for climate-related projects despite policy changes.
Morocco: Morocco will receive $265 million in financing for the Ifahsa Pumped Hydropower Storage Project, which will strengthen its electricity grid, integrate more renewable energy, and create jobs. This project will help Morocco reduce its reliance on fossil fuels and attract private investment.
Feb 07, 2026 · 6 articles
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World Bank Group approved financing MoroccoWorld Bank funds Morocco hydropower
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