Casablanca Finance City Authority (CFCA) has unveiled the “Green Assets Cluster,” a strategic initiative to position Morocco as a regional hub in the burgeoning African carbon market. Announced during the “Scaling Up Carbon Markets in Africa” conference, the platform aims to coordinate national and international stakeholders around shared climate goals.
The initiative, backed by Morocco’s Ministry of Energy Transition and the EU delegation, seeks to boost economic opportunities through decarbonization, while enhancing market structure, transparency, and policy dialogue. CFCA CEO Saïd Ibrahimi emphasized Morocco’s ambition to become Africa’s reference point for carbon finance.
Khalid Safir, Director General of the public financial group CDG, underscored the importance of a structured voluntary carbon market as a financial lever for ecological transition. He called for alignment with global standards, including Article 6 of the Paris Agreement and the CORSIA framework for aviation.
The initiative also addresses the EU’s upcoming Carbon Border Adjustment Mechanism (CBAM), preparing Moroccan industries for regulatory shifts. According to Safir, the cluster will provide concrete support for low-carbon project developers, ensuring liquidity and trust in carbon credit exchanges.
The conference, co-hosted by CFCA, CDG, and supported by Germany’s GIZ, brought together African and international experts to discuss carbon market infrastructure, investment prospects, and Casablanca’s emerging role in sustainable finance.
Through this platform, Morocco aims not only to meet its own climate goals but also to elevate Africa’s collective voice in global carbon finance negotiations.