Namespaces
Variants
Views

Habitat NAMA

From NAMA Database
Jump to: navigation, search



Morocco.png
To edit this page, log in and click on "edit with form" above
Morocco

Description

Overview
Sector Buildings, Energy
Focus area Energy efficiency
Type of action Strategy/Policy
Scope National
Stage Under development
Submitted to UNFCCC registry No
Start of initiative
(no data)
Financing and support details
Financing status Seeking financing
Total cost EUR 290 mln
Financing requested
(no data)
Financing received to-date
(no data)
Principal source of financing Multilateral
Principal type of financing Grant
Capacity building required Yes
Technology transfer required Yes
Additional information
Proponent(s) Ministry of Environment
International funder(s) There will be negotiations with EBRD, EIB and WB.
Organization providing technical support NAMA Fund, Moroccan government, UNDP GIZ, French Environment and Energy Management Agency (ADEME), Freight Forwarders Association of Morocco (AFFM).
Contact
(no data)
Objective:

The objective is to increase energy efficiency and deployment of renewable energy technologies in Morocco's residential sector. It has set specific targets for 2030: the installation of 983,000 solar thermal collectors, thermal insulation of 136,400 residences, the installation of 4,450 thermal inertial refrigerators coupled with PV panels, and the deployment of 130 million fluorescent lamps. The NAMA is comprised of a financial component and a technical support component.

Activities:
The NAMA will put in place a concessional credit line available to banks for financing the construction of 10,000 new energy efficiency-compliant residences per year for 5 years. In addition, it will set up a bank credit with favorable terms to finance renovation of existing residences (addition of thermal insulation, acquisition of solar collectors and acquisition of PV-linked thermal inertial refrigerators). There will also be a short-term 10% investment subsidy for new construction and renovations, followed by an extension of the existing VAT exemptions for social housing programs.

Impact and MRV

pChart

Cumulative GHG reductions: No data available
Mitigative capacity:

No information has been provided on mitigative capacity

Co-benefits:

Social: The NAMA is expected to bring energy savings of 7,539 ktoe over the 2015-2030 period, and savings on household energy bills amounting to 112 billion dirhams (assessed by AETS).
Economic: The NAMA is also expected to lead to the creation of 50,000 new jobs (assessed by AETS).
Environmental: Information has not been provided

MRV Framework:
No MRV plan has been defined