The Moroccan delegation called for implementing initiatives in the field of green finance which represents an essential lever to fight against climate change in both components of mitigation and adaptation, noting that mobilizing significant resources can not be ensured only by States. It is therefore essential to appeal to private capital, at the national and international level, in particular, to meet these challenges and to include the financing approach in a logic of public-private partnership, said the Moroccan delegation.
In the same sense, to finance these investments, public and private actors must have access to appropriate and sustainable funding. Thus, the financial sector must be able to channel savings to green investments and provide investors with the necessary resources to enable them to contribute to achieving sustainable development goals, noted the Moroccan delegation.
The Moroccan delegation stressed the need for coordinating efforts at the continental and international levels, noting that South-South cooperation is required in this regard.
