Municipal Solid Waste Carbon Financing Program

The Morocco MSW-CF program was developed in parallel with the Moroccan Municipal Solid Waste DPLs (DPL 1 and 2). The main development objective is to help the Moroccan municipalities in accessing to carbon market while contributing to the climate mitigation agenda. Through this program, the Bank managed Carbon Partnership Facility had originally planned to purchase a total amount of about 4.5 million of tCO2equivalent over nine years (2012-2020), through the registration of up to 16 landfills LFG projects to the program. Given significant delays on the side of the Project Entity to secure the inclusion of additional landfills into the program, the initial objectives were revised and reflected into an ERPA amendment signed on March 2017, to reflect the reduction of the program to the sole registration of the Oum Azza Landfill LFG project and reduce the volume expected to be purchased by the Bank, as Trustee of the Carbon Fund of the Carbon Partnership Facility, to 272,000 tCO2equivalent over the duration of the program (2012-2020).