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While Morocco’s real estate sector has fallen after a boom that peaked in 2007 and 2008, recent years have shown signs of a modest recovery. Although the luxury real estate segment has remained depressed as a result of the global economic downturn in 2008-09, government-sponsored financial incentives aimed at attracting developers and builders...

 

With an installed capacity of approximately 800 MW in 2015, Morocco represents the third-largest African market for wind energy behind South Africa (1053 MW) and Egypt (810 MW). As part of Morocco’s ambition to attain 42% of its electricity needs from renewable energy sources by 2020, in recent years authorities have accelerated the...

 

Over the last three years, the government has accelerated improvements to the country’s recycling, waste management and sanitation infrastructure as part of the roll out of Morocco’s Charter for Environment adopted in 2014 and in preparation for the 22nd UN Conference on Climate Change in Marrakech in November 2016.

 

Home to an abundance of wildlife, Morocco has in recent years introduced legislation to protect its environment and reduce the impact of human activity on the country’s biological landscape.

 

In order to harness renewables potential in a bid to reduce oil imports and mitigate the negative impact of energy consumption on the environment, Morocco has established a solid legal framework in recent years to encourage the development of renewable energy and the implementation of energy efficiency strategies.

 

In recent years, Morocco has been working to reduce its energy dependency via the implementation of renewable energy projects and the rollout of an ambitious oil and gas exploration programme. Morocco, which has experienced a steady increase in energy consumption of about 5-6% every year over the past 25 years, is expected to see its demand...

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