Morocco, WAIFC Discuss Sustainable Finance

Rabat – Sustainable finance was at the center of discussions, Thursday in Rabat, between Minister Delegate in charge of Investment, Convergence and Evaluation of Public Policies, Mohcine Jazouli, and Managing Director of the World Alliance of International Financial Centers (WAIFC), Jochen Biedermann.

In a statement to the press at the end of this meeting which took place in the presence of Director General of Casablanca Finance City Authority (CFCA), Said Ibrahimi, Jazouli said he was pleased to receive the global organization of international financial centers that includes twenty countries and financial centers around the world as the place of Hong Kong, Tokyo and Luxembourg.

In addition, the Minister noted that the discussions focused on the role of Casablanca Finance City (CFC), an essential place for the African continent, which allows operators and investors from around the world to come and settle in Morocco and use CFC to deploy elsewhere in Africa.

CFC continues to develop and will benefit from the support of the government to strengthen international investment in Morocco but also the investment of Morocco in the rest of the continent and elsewhere in the world, he stressed.

Ibrahimi said that during this meeting the two parties discussed the future of finance with a focus on sustainable finance which is a major issue for most countries around the world, and especially in Africa.

Citing the consequences of global warming, he stressed the need to help find financing adapted to African economies.

For his part, Biedermann said that the General Assembly of the Alliance will be held this year in Morocco, with discussions on sustainable finance, inclusive finance and the development of talent in the finance sector.

 

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