MA-Inclusive Green Growth DPL

Abstract*

This program document presents the First Inclusive Green Growth Development Policy Loan (DPL) Program to the Kingdom of Morocco in the amount of EURO 219.7 million (US$300 million equivalent). Over the last decade the country has made remarkable progress in achieving poverty reducing growth. However, given the efforts deployed by Morocco, the sustainability of its growth model can be strengthened. The Government is deploying efforts to foster inclusive... Show More

Development Objective

The Program Development Objectives of the programmatic DPL series are: PDO1. Improving the management of natural capital; PDO2. Greening physical capital; PDO3. Strengthening and diversifying the rural economy by leveraging human capital.

Key Details

Project Details

Project ID
P127956
Status
Closed
Team Leader
Andrea Liverani
Borrower 2
N/A

Country
Morocco
Disclosure Date
December 19, 2013
Approval Date
(as of board presentation)
December 19, 2013
Effective Date
December 20, 2013

Total Project Cost 1
US$ 300.00 million
Implementing Agency
Ministry of Economy and Finance,Ministry of General Affairs and Governance,Ministry of Energy Mines and Sustainable Development
Region
Middle East and North Africa
Fiscal Year 3
2014

Commitment Amount
US$ 300.00 million
Environmental Category
N/A
Last Update Date
December 6, 2023
Closing Date
December 31, 2014

Last Stage Reached
BANK APPROVED

Associated Projects
P149747

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change44%
- FY17 - Adaptation11%
- FY17 - Mitigation33%
FY17 - Environmental Health and Pollution Management12%
- FY17 - Air quality management4%
- FY17 - Soil Pollution4%
- FY17 - Water Pollution4%
FY17 - Environmental policies and institutions11%
FY17 - Water Resource Management34%
- FY17 - Water Institutions, Policies and Reform34%

FY17 - Private Sector Development

FY17 - Jobs100%

FY17 - Urban and Rural Development

FY17 - Rural Development11%
- FY17 - Rural Non-farm Income Generation11%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	300.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	300.00
IDA Commitment	N/A
IBRD + IDA Commitment	300.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	300.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
May 1, 2021	IBRD-83250	Loan Repay	5,891,826.50
May 1, 2018	IBRD-83250	Int Charges	505,000.10
Nov 1, 2018	IBRD-83250	Int Charges	510,767.30
May 1, 2019	IBRD-83250	Int Charges	533,734.10
Nov 1, 2019	IBRD-83250	Int Charges	588,356.00
Nov 1, 2014	IBRD-83250	Int Charges	1,285,230.80
Dec 30, 2013	IBRD-83250	Loan Disb	301,595,264.00
Dec 20, 2013	IBRD-83250	Loan Disb	749,863.56
Dec 20, 2013	IBRD-83250	Fee Charges	749,863.56
May 1, 2014	IBRD-83250	Int Charges	867,969.20
May 1, 2015	IBRD-83250	Int Charges	858,667.40
Nov 1, 2015	IBRD-83250	Int Charges	729,034.40
May 1, 2016	IBRD-83250	Int Charges	696,259.60
Nov 1, 2016	IBRD-83250	Int Charges	531,088.70
May 1, 2017	IBRD-83250	Int Charges	481,562.60
Nov 1, 2017	IBRD-83250	Int Charges	522,872.30
May 1, 2024	IBRD-83250	Int Charges	4,744,081.00
May 1, 2024	IBRD-83250	Loan Repay	5,203,634.00
Dec 19, 2013	IBRD-83250	Loan Commitment	300,000,000.00
Nov 1, 2022	IBRD-83250	Loan Repay	4,846,613.00
Nov 1, 2022	IBRD-83250	Int Charges	427,035.20
May 1, 2023	IBRD-83250	Int Charges	2,929,846.00
May 1, 2023	IBRD-83250	Loan Repay	5,369,707.50
Nov 1, 2023	IBRD-83250	Loan Repay	5,144,618.00
Nov 1, 2023	IBRD-83250	Int Charges	4,373,650.00
Nov 1, 2021	IBRD-83250	Int Charges	260,753.69
Nov 1, 2021	IBRD-83250	Loan Repay	5,643,814.00
May 1, 2022	IBRD-83250	Loan Repay	5,152,909.50
May 1, 2022	IBRD-83250	Int Charges	217,857.95
May 1, 2020	IBRD-83250	Int Charges	426,921.90
Nov 1, 2020	IBRD-83250	Loan Repay	5,693,319.00
Nov 1, 2020	IBRD-83250	Int Charges	681,602.56
May 1, 2021	IBRD-83250	Int Charges	234,852.72

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Satisfactory	2014-08-25
Monitoring and Evaluation	Satisfactory	2014-08-25
Overall Implementation Progress (IP)	Satisfactory	2014-08-25
Progress towards achievement of PDO	Satisfactory	2014-08-25

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-30-2018
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Not Applicable
Implementing Agency	Not Applicable

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 08-15-2018	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Modest	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

# of regional coastal zone management plans approved	Value	0.00	0.00	2.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		ICZM Law will soon be discussed in parliamentary commission and the related Decree prepared in parallel. The National Coastal ZoneManagement Plan will then be adopted, and declined into Regional plans.

# of regional maritime fisheries control and enforcementplans approved	Value	0.00	0.00	18.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		The Law on illegal fishing was promulgated by Parliament and published in the National Gazette on May 26, 2014. The NationalMonitoring Plan for Marine Fisheries is being prepared. Regional plans will follow.

# of aquifers (nappes) in which groundwater abstractionis regulated by an aquifer a greement among ‘large’ water consumers	Value	1.00	1.00	3.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		2 aquifer agreements (in Dakhla and Fès-Meknès) are in a very advanced stage.

% of new buildings (hospitals, residential, tertiary) builtafter the publication of the Decree and integrating EE requirements	Value	0.00	0.00	50.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		As the decree will enter into force one year after approval (November 2014, therefore no impact can be assessed at this stage).

# of products subject to green taxes	Value	2.00	2.00	4.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		A dedicated working group between MoF and Department of Environment (with TA from the Bank) has met several times to narrow downthe list of products that would be candidates for green taxes.

# of ecotourism sector jobs created (2013-2016) gender disaggregated	Value	0.00	0.00	100.00
	Date	December 2, 2013	June 27, 2014	December 23, 2016
	Comment		The MoU on the Qariati Program has been finalized and the financial commitment from several institutional partners confirmed. Thesignature should take place in September 2014. Given delays in the MOU signature, the end target will need to be revised downwards.

Total capacity of distributedmedium-and low-tensiongrid-connected photovoltaic systems (in MW)	Value	0.00	0.00	2.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		The analytical studies underpinning the draft Law and the Decree will be shared with the Bank team by the end of July.

Total subsidy envelope todiesel, gasoline and in dustrial fuel (in % of GDP)	Value	3.00	3.00	2.50
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		The Government has implemented further subsidy reductions on gasoline, diesel and HFO.

Reduction in industrial pollution (as measured by tons ofBOD5 abated yearly)	Value	20.00	144.00	200.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		This value only takes the ABC project into account (the contribution from the GPC project will be added once performance testshavebeen carried out).

Share of the envelope allocated to direct seeders in the total FDA envelope allocated to seeders (traditional and direct) Value 0.00 0.00 16.90
Date December 2, 2013 June 27, 2014 December 30, 2016
Comment

Share of DMN revenues from agro-meteorological services	Value	4.00	4.00	15.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		It is possible that the end target will need to be revised down if the MOU between ag and meteo takes a more gradual approach totransferring of met services.

#of industries having submitted a funding request to the Voluntary Industrial Depollution Mechanism	Value	0.00	3.00	3.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		2 projects have already been implemented (in Oujda and Ait-Melloul) and a third one is being implemented in Zaio.

# of aquaculture sector jobs created (2013-2016),gender disaggregated	Value	115.00	115.00	460.00
	Date	December 2, 2013	June 27, 2014	December 30, 2016
	Comment		The target is likely to be exceeded, as between 700 and 800 jobs are expected to be created before the end of 2015 through 10investments.