MA-Inclusive Green Growth DPL

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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, sustainable growth at a crucial stage of the country's development trajectory. The DPL series supports a package of reforms pursuing three Program Development Objectives (PDOs). These include: (i) improving the management of natural capital; (ii) greening physical capital and (iii) strengthening and diversifying the rural economy by leveraging human capital. The DPL series is in line with Government priorities and bank country partnership strategy. The DPL series is accompanied by parallel investment and programmatic financing, both ongoing and under preparation.