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Blue Economy Program for Results

Abstract*

The development objective of the Blue Economy (BE) Program-for-Results Project for Morocco is to develop Morocco’s institutional frameworks, improve integrated management of natural resources, and strengthen selected sectors for a climate-resilient blue economy in targeted areas. The government program has three pillars: (a) national food security, (b) economic development and employment creation, and (c) protection and utilization of natural resources...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Develop Morocco's institutional frameworks, improve integrated management of natural resources, and strengthen selected sectors for a climate-resilient blue economy in Targeted Areas

Key Details

Project Details

  • P172926

  • Active

  • Martin Ochoa Salgado

  • Ministry of Economy and Finance

  • Morocco

  • June 15, 2021

  • (as of board presentation)

    May 23, 2022

  • July 29, 2022

  • US$ 2438.90 million

  • Moroccan Society of Touristic Engineering,National Agency for the Development of the Aquaculture,National Institute for Fisheries Research (INRH),Ministry of Energy Transition and Sustainable Development,Moroccan National Tourist Office (ONMT),Department of Water and Forests,Direction of Ports and Public Maritime Domain,Department of Maritime Fisheries (DPM)

  • Middle East and North Africa

  • 2022

  • US$ 350.00 million

  • N/A

  • May 21, 2024

  • July 31, 2027

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 350.00
Borrower/Recipient 88.90

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 350.00
IDA Commitment N/A
IBRD + IDA Commitment 350.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 2438.90

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

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Apr 1, 2023 IBRD-93860 Int Charges 319,549.88
Oct 4, 2022 IBRD-93860 Int Charges 86,815.07
Jun 27, 2023 IBRD-93860 Loan Disb 16,244,379.00
Oct 1, 2023 IBRD-93860 Int Charges 303,258.47
Oct 1, 2023 IBRD-93860 Int Charges 1,957,061.10
Feb 13, 2024 IBRD-93860 Loan Disb 8,687,510.00
Apr 1, 2024 IBRD-93860 Int Charges 295,391.47
Apr 1, 2024 IBRD-93860 Int Charges 2,568,639.50
May 23, 2022 IBRD-93860 Loan Commitment 350,000,000.00
Jul 29, 2022 IBRD-93860 Loan Disb 807,916.60
Jul 29, 2022 IBRD-93860 Fee Charges 807,916.60
Aug 9, 2022 IBRD-93860 Loan Disb 80,657,576.00
Apr 1, 2023 IBRD-93860 Int Charges 1,173,205.20
Apr 1, 2023 IBRD-93860 Int Charges 31,439.41
Apr 1, 2023 IBRD-93860 Int Charges 69,477.12

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2024-11-15
Monitoring and Evaluation Moderately Satisfactory 2024-11-15
Overall Implementation Progress (IP) Moderately Satisfactory 2024-11-15

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Indicator 1: Strengthened institutional frameworks to guide collaborative implementation of the BE strategy in targeted areasValueScore (0)Score (2)(i) An annual BE strategy implementation report is
    DateJanuary 14, 2022March 8, 2024May 31, 2027
    Comment
  • Indicator 2: Tourism MSMEs that are established or transformed in line with NDC pathway for development through SMIT’s incubator program in targeted areasValue0.000.00713.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Indicator 4: Marine and coastal areas under climate-resilient and sustainable integrated management in targeted areasValue6292.007405.0071978.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Of which led by womenValue0.000.00358.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Of which coastal forestsValue6292.007405.0015710.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Of which led by youthValue0.000.00500.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Of which coastal dunesValue0.000.001060.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Indicator 3: Aquaculture farms established and operational in targeted areasValue0.000.0014.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Of which MPAsValue0.000.0061500.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Of which led by womenValue0.000.004.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment
  • Of which led by youthValue0.000.006.00
    DateFebruary 1, 2022March 8, 2024May 31, 2027
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Indicator 8: Tourism areas in Aghroud equipped with basic utility services in accordance with NDCValueNo area is equipped. No SDR exists for Aghroud.No area is equipped. SDR for Aghroud is establishe594 ha are equipped
    DateJanuary 14, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 9: People reached by international and national coastal tourism advertisement campaignsValue0.00277104082.00550000000.00
    DateJanuary 14, 2022March 8, 2024May 31, 2027
    Comment
  • Indicator 1: Progress in the implementation of blue economy communication campaignsValue0.0025.00100.00
    DateJanuary 14, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 10: Aquaculture pilot projects completedValue0.000.002.00
    DateJanuary 14, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 2: Government officials at the national and regional levels certified in capacity building to promote the BE in alignmentwith NDCValue0.000.00125.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 11: People are professionally trained for a climate-resilient BE and ready to support NDCValue1075.001295.002090.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 3: A data portal on the BE is operational to enable evidence-based decision-making and implement the BE strategy in line with NDCValueNoNoYes
    DateJanuary 14, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 4: Coastal areas assessed by remote sensing to monitor shoreline changes in targeted areas and summarized in monitoring reportsValue685000.001615000.004469000.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • Of which womenValue0.0064.00171.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 5: Beaches in targeted areas covered by environmental monitoring programsValue171.00182.00204.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • 11.1: People trained for jobs in aquaculture and the management of ports and public maritime domain and ready to support NDCValue0.0081.00405.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 6: Fish stocks in targeted areas are assessedValue11.0014.0017.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • 11.2: People trained in marine and coastal environmental management and ready to support NDCValue1075.001295.001685.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 12: People consulted for the planning and management of MPAsValue0.001295.004632.00
    DateJanuary 14, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 7: Shellfish production areas in targeted areas covered by the health monitoring programValue10034.7010777.8014873.59
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • Of which womenValue0.0070.00555.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment
  • Indicator 13: Sites improved in accordance with biodiversity conservation management plansValue3.003.007.00
    DateFebruary 1, 2022March 8, 2024June 30, 2027
    Comment