Blue Economy: Morocco’s progress under the World Bank’s microscope

The contours of the vast national project for the establishment of a blue economy are becoming clearer since the signing, on June 9, 2022, of a loan agreement for an amount of 350 million dollars between the Kingdom and the World Bank for the program for the results of the blue economy (PPR EB). From 17 to 26 October 2022, the Ministry of Economy and Finance and the World Bank have also jointly conducted a supervision mission of the said program through several meetings with partners, as well as field visits, mainly in the region of Agadir.

The objective of this supervision mission was to conduct “a detailed review of the performance of the EB RPP and the progress made, from the financial, institutional and environmental & social points of view”, says a joint statement from the World Bank and the Ministry of Economy and Finance. Thus, throughout the supervision mission, the various stakeholders involved presented their progress reports.

The Department of Maritime Fisheries (DPM) presented the progress of its activities by announcing “the creation of three marine protected areas at the level of Agadir, Larache and the Cape of the three forks, as well as for the development of income-generating activities for the benefit of Moroccan
fishermen,” the statement said, noting that the DPM is also conducting three technical assistance within the framework of the partnership established with the World Bank. The National Agency for the Development of Aquaculture (ANDA) presented the aquaculture projects included in the Blue Economy program.

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