Morocco’s disaster risk financing insurance program, the design and development of which the Bank and GFDRR have supported, made the pre-arranged financing possible. GFDRR support for Morocco in the aftermath of the September 2023 earthquake builds on the facility’s longstanding efforts to advance the country’s resilience-building.
Photo: © Youssef Boudlal/ABACAPRESS.COM On September 8, 2023, a magnitude 6.8 earthquake struck Morocco, with its epicenter in the High Atlas Mountain range, approximately 75 kilometers southeast of Marrakesh. Claiming the lives of nearly 3,000 people and injuring more than 18,000, the earthquake was Morocco’s deadliest in 120 years.
Since 2016, technical assistance from the facility has proved instrumental to World Bank engagement with Morocco on the strengthening of the country’s national resilience fund, which finances disaster risk reduction projects at national and local levels.
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The financial protection gap against climate shocks and disasters is widening. Morocco was hit by an earthquake in September 2023, affecting more than 300,000 people in …
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©Piero Cruciatti/Anadolu Agency/ Getty Images €500 in financing in 2024: an increase of 56% compared to 2023 Enhanced technical assistance to support post-earthquake …
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Morocco’s Ministry of Economy and Finance and the European Investment Bank (EIB) signed an agreement on Thursday to finance the Integrated Post-Earthquake …
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يمكنك تنزيل تطبيق للاستفادة من تجربة مشاهدة أفضل على هاتفك الذكي. كيفية تنزيل التطبيق ملاحظة: يتطلّب تنزيل التطبيق الإصدار 9.0 من
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Morocco’s disaster risk financing insurance program, the design and development of which the Bank and GFDRR have supported, made the pre-arranged financing possible. …
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Finéa, a subsidiary of the CDG Group authorized by Bank Al-Maghrib, positions itself as a central link in supporting Moroccan businesses by facilitating their access to public …
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On 10 October 2024, the European Investment Bank (EIB) announced the signing of an agreement with the Moroccan Ministry of Economy and Finance, in the presence of …
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– On September 8, 2023, a devastating earthquake struck Morocco, particularly affecting the regions of El Haouz, Chichaoua and Taroudant, causing massive destruction and …
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This financing agreement represents the first installment of an overall financing package worth one billion euros, intended to support reconstruction and upgrading efforts in …
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