COP22 : Action Time
COP22 : Action Time
The 22nd session of the Conference of Parties to the United Nations Framework Convention on Climate Change (COP22) will be held in Marrakech from 7 to 18 November 2016.
This event is being held following the historical signing of a first universal climate agreement during COP21 in December 2015: The Paris Agreement adopted by 195 countries.
This agreement aims to limit the temperature increase on the planet to “well below 2°C”. To achieve this, States have set the target of reducing their CO2 emissions by 50% by 2050, and by 100% by 2100.
AFD will be at COP22 and has confirmed its involvement in awareness-raising and education for development and climate issues. It is organizing events open to the public to discuss these issues and highlight solutions.
► Find out more about the programme (in French)
Reconciling climate and development: It is possible
AFD’s wide range of financial tools allows it to support innovative projects and provide a response to the diversity of situations encountered in the fight against climate change. AFD is committed to effective solutions, combining the fight against climate change and sustainable development.
AFD’s climate solutions
Supporting renewable energy development [+]
Building a solar power plant and reducing dependence on fossil fuels
Morocco’s energy consumption is experiencing rapid growth (7% a year), and the country suffers from an extremely high level of dependence (97% of electricity is imported). In 2009, the Government launched the Moroccan Solar Plan, with the objective of generating 2,000 MW of solar power by 2020.
AFD is supporting the construction, near Ouarzazate, of the first concentrated thermodynamic solar power plant (Noor). This project will significantly reduce the negative impact that fossil fuel imports have on the State budget and on its trade balance, as well as greenhouse gas emissions.
Financing the sustainable development processes of cities [+]
Adapting the urban public transport network and strengthening social cohesion
Every day, over 650,000 people cross Bouregreg Valley, in Morocco, which marks the boundary between the municipalities of Rabat and Salé. The deterioration in public modes of transport and strong growth in individual transport cause traffic jams, air and noise pollution, and are detrimental to economic development and social cohesion in the city.
AFD has financed a tramway network linking the two municipalities in order to recover urban space, while respecting the environment. The plan to double the current network (20 km) will lead to new urban areas being served.
Supporting private climate investments [+]
Modernizing hammams and reducing their environmental impact
Hammams are a key feature of Moroccan culture and a major consumer of fuelwood and water. With the increasing scarcity of these resources in Morocco and the rise in their prices, the energy refit of hammams is becoming both an environmental and economic need on which their sustainability depends.
FFEM is financing a program to introduce clean and energy-saving technologies and practices in 40 hammams. This project reduces pressure on Moroccan forests, water consumption and greenhouse gas emissions. It also contributes to the development of the culture of sustainable investment.
AFD: A major actor in climate finance [+]
AFD’s climate finance tools [+]
AFD finances a wide variety of actions and demonstrates that there are positive and realistic solutions in the fight against climate change. It has a wide range of financial tools (investment loans, budget support, guarantees, equity or grant investments and technical assistance), and also mobilizes resources from European and international mandates. It strongly promotes cofinancing with other national and international donors. (Click on the picture Below - In French)