Morocco takes fourth spot in Africa for green financing in 2023

Morocco takes fourth spot in Africa for green financing in 2023

According to a report from a consortium of multilateral development banks (MDBs), which included the African Development Bank, Asian Development Bank, Islamic Development Bank, World Bank Group, and the New Development Bank. Morocco has ranked 

fourth among African nations in green financing, attracting $1.195 billion in 2023. Ahead of Morocco were Egypt, South Africa, and Ethiopia, receiving $2.019 billion, $1.672 billion, and $1.392 billion, respectively, in green financing. 

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