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Saturday, 30 October 2010

Economic Commission for Africa: Morocco adopts green economy approach

Posted on 12:43 by google

Addis Ababa - Morocco is among the first African countries to be committed to a "green economy" rich and efficient at the energy level, said the Economic Commission for Africa (ECA).

Morocco's commitment to a "green economy" would open up new prospects particularly in terms of sustainable growth, employment and skills development, said a report released Wednesday on the sidelines of the 7th African Development Forum (ADF VII), held in Addis Ababa.

This new example of green growth that responds to the climate emergency is also an opportunity to come out of the current economic crisis, the same source added, noting that the green economy is an economic system that internalizes the costs of ecosystem degradation forming the basis of economic and social development.

“In Morocco, the development of ecotourism is already perceived as a real opportunity to improve the growth of a key sector of the economy thanks to the integration of renewable energy and energy efficiency,” the ECA noted, indicating that Morocco’s new project “Green City” is “a great initiative.”

The Commission also hailed the political, institutional and financial reforms undertaken in recent years by the kingdom to promote the development of renewable energy and energy efficiency.

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