Morocco's Climate Strategy: Balancing Growth, Resilience, and Sustainability

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The MENA Climate Governance database project evaluates climate-related policies in MENA countries, focusing on national institutional, regulatory, and legal frameworks [1] - The methodology assesses countries based on sound climate policies and good governance practices [2] - The analysis draws on key documents such as the IPCC's Sixth Assessment Report and the World Bank's Reference Guide to establish criteria for evaluating climate governance [3] Summary by Sections Climate Strategy - The evaluation criteria for sound climate policy include long-term targets (by 2050-2060), immediate targets (by 2030), foundational targets, addressing risks and vulnerabilities, mitigation strategies, and adaptation measures [4][5] - Vulnerability is defined as the impact of climate events on social, economic, and infrastructural capacity, while risks arise from vulnerability, hazard, and exposure [4] Governance Tools - The analysis focuses on internal policies, evaluating institutional, regulatory, and legal frameworks, while excluding international cooperation and non-state actors [7] - Governance tools include laws and regulations that create a legal framework for climate agendas and budgetary allocations for clean energy and environmental protection projects from 2016 to 2024 [7] - The evaluation criteria for governance tools include institutional mandates, management authority, actionable goals, political processes, capacity of actors, human capacity, transparency, accountability, representation, financial capacity, and oversight [8][9][10][11]