Policy paper

Morocco and Global Clean Power Alliance finance mission: action plan

Updated 23 June 2026

The Global Clean Power Alliance (GCPA) Finance Mission is a timebound initiative, backed by a coalition of donor countries, philanthropies and delivery partners^{[footnote 1]}. It is designed to respond to specific requests for assistance from its Emerging Markets and Developing Economies (EMDE) partners, collaborating with them to ensure they have the right people, tools and capabilities to undertake high quality energy investment planning^{[footnote 2]}, and to build a pipeline of bankable projects to accelerate the implementation of clean energy transition goals.  

The Kingdom of Morocco has demonstrated strong commitment, particularly over the past two decades, to international efforts to combat climate change, adopting an ambitious sustainable development policy. This has translated into the implementation of concrete programmes and actions, particularly in the field of energy transition, primarily based on the development of renewable energy and its applications, including green hydrogen and its derivatives, strengthening energy efficiency, and promoting regional integration.

With this in mind, recognising Morocco’s clean energy leadership to date and in response to specific requests for assistance received from the Government of Morocco to support accelerated delivery of the next phases of its clean energy transition, the GCPA Finance Mission and its partners commit to making their fullest and best endeavours to implement the following initial set of priority actions through to COP32:

1. Strengthening implementation of national and related sector-specific plans

• Provide demand-responsive capacity building support to strengthen national structures tasked with mobilising responsible private investment for the energy transition.
• Support the Government of Morocco, where appropriate, in exploring and developing sector-specific action plans across the energy transition to attract private investment and accelerate the delivery of national plans.

2. Building and enhancing financing and business models

• In response to specific requests, the Finance Mission will provide dedicated private finance expertise to support the Government of Morocco in developing effective, replicable and economically viable financing and business models. These will build on Morocco’s successes to date, enhance affordability and sustainability, and help attract private investment aligned with the Government of Morocco’s Energy Investment Plan.
• Explore appropriate ESG requirements in specific sectors and support their effective integration into financing and business models and delivery with a view of African integration where possible.

3. Project readiness, bankability support and demonstration of replicable financing and business models

• Agree a shortlist of priority clean energy projects, particularly those with a high degree of replicability, for focused and tailored project readiness and bankability support, with a view to accelerating progression towards Final Investment Decision (FID), demonstrating viable models, and enhancing predictability and track record for private sector investors.
• Consider the appropriate application of financing and business models to projects in more nascent sectors, to be agreed with the Government of Morocco.

4. Sharing experience and South-South learning on private finance

• The Finance Mission will work with Morocco on South-South learning opportunities to share experience and lessons on the energy transition and attracting private finance.
• This may include sharing Morocco’s extensive experience in renewable energy, as well as lessons learned in developing revenue models (such as Power Purchase Agreements, PPAs) that support financially viable returns and help mobilise private investment in renewable energy and clean energy infrastructure.

The GCPA Finance Mission will coordinate and deliver these activities in close partnership with the Green Finance Institute and the World Bank, and in collaboration with locally designated partners of the Government of Morocco. The Government will designate focal point(s) for this programme. At all times, the GCPA Finance Mission will operate in a spirit of equal partnership, collaboration and mutual respect, working flexibly with existing activities and delivery partners to ensure efforts are well coordinated, additional and complementary, and drawing on local expertise, resources and capacities wherever possible.

This Action Plan will remain a live document, with scope to update the details, scope and breadth of support as work progresses and in line with demand from the Government of Morocco. A formal review and update of the Action Plan will take place by COP31.

1. See Global Clean Power Alliance: organisations finance statement - GOV.UK ↩

2. In line with the GCPA Finance Mission’s Roadmap on High Quality Energy Investment Planning. ↩