The Sahara Wind Project presented at the Round Table Discussion on “100% Renewable Energy: Boosting development in Morocco” by the Climate Parliament, World Future Council and 100% Renewables, Nov. 22-23 2014 in Rabat, Morocco.
In a round table discussion hosted by the WFC and Climate Parliament in November 2014, 30 Moroccan policy makers identified key challenges for the country’s renewable energy industry. The main ones are Economic and financial barriers restricting the entry to capital markets, lack of accessible financial support for small scale projects that would facilitate private consumers to install RE technologies, market failures and imperfections, where fossil fuels are still heavily subsidized (equivalent to 5.1 per cent of GDP in 2011). Political, institutional/ governance and regulatory barriers, were also listed including a lack of stable and coherent regulations, a lack of cooperation across governance levels and institutions, as well as a strong lobby in favor of existing fossil fuel-based energy monopolies.
The “100% Renewable Energy: boosting Development in Morocco” report provides an analysis on the current situation of the energy sector of Morocco and derives policy recommendations for a just transition towards a 100% Renewable Energy.
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