Casablanca: Speaking at the ‘Scaling up Carbon Market in Africa’ conference in Casablanca, Llombart Cussac emphasized the significance of the EU’s Green Partnership with Morocco, which was launched in 2022. This partnership has become the central framework for bilateral cooperation on climate-related issues.

According to Agence Marocaine De Presse, the partnership grants Morocco early access to EU policy developments under the Green Deal, including topics such as carbon pricing, green hydrogen, and circular economy regulations. It has also allowed the EU to channel a significant portion of its financial cooperation to support Morocco’s green transition strategies.

The ambassador reiterated the EU’s commitment to achieving carbon neutrality, highlighting that joint efforts on carbon markets and pricing mechanisms are vital to accelerating the green transition and unlocking mutual opportunities.

The conference, organized by the Casablanca Finance City Authority (CFCA) and CDG Group with support from Germany’s GIZ, focused on Africa’s carbon market development and Casablanca’s emergence as a regional climate finance hub.