Morocco’s energy consumption grew by nearly 50% between 2004 and 2012, increasing the share of gross domestic product (GDP) related to energy expenditures from 5.3% to 12.9% during the same period. The country’s economic development plans cannot alone explain the strong increase in the Kingdom’s energy demand. Indeed, an analysis of the efficiency of the energy systems in use in Morocco shows that considerable progress is required to reach the level of energy efficiency observed in OECD countries. In response to this challenge, the EBRD launched MorSEFF, a dedicated credit line for energy efficiency. A key component of MorSEFF is the List Of Eligible Materials And Equipment (LEME) – a list of technologies with energy efficiency performance higher than average in the market and, therefore, automatically qualify for finance. Following experience in other countries such voluntary ‘endorsement’ regimes such as LEME are made much more effective if complemented with government-established minimum energy efficiency performance standards and labels. Furthermore, a credible, government mandated energy efficiency labelling scheme increases consumer awareness of the energy efficiency performance of the equipment.
The Project is consistent with the Bank’s Sustainable Resource Initiative, which aims at promoting the sustainable use of energy, materials and water resources. The Project is also consistent with the Morocco country strategy.
National Agency for the Development of Renewable Energy and Energy Efficiency possesses best practice EE S&L policies, standards, regulations and programs that support increased investment in energy efficient technologies.
TC Recipient Information
National Agency for the Development of Renewable Energy and Energy Efficiency in Morocco.
Funded by Korean Fund
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