Nadia FETTAH, Minister of Economy and Finance, took part in the 3rd European Investment Bank (EIB) Group Forum, held in Luxembourg from March 06 to 07, 2025, under the theme “Investing in a more sustainable and secure Europe”. As part of the Forum, the Minister took part in a panel discussion entitled “The transition to energy security beyond EU borders.
In her address to the panel, Madame Minister highlighted the ambitious energy transition process launched by Morocco in 2009, aiming to achieve a 52% share of renewable energies in the national energy mix by 2030. The objective is to meet the needs of the domestic market and position the country as a key player in the global value chain of low-carbon economies.
The Minister also emphasized the strategic importance of energy transition projects in regional integration, and underlined the role of the private sector and international financial institutions in mobilizing the financing needed to make continental energy initiatives a reality.
Madam Minister also stressed the importance of a strengthened and balanced partnership between the Kingdom of Morocco and the European Union in the field of renewable energies, emphasizing the need to facilitate the acquisition of technological innovations, strengthen national skills and develop local technical expertise in African countries, including Morocco.
On the sidelines of the 3rd EIB Forum, the Minister held bilateral meetings with EIB President Nadia CALVIÑO and EIB Vice-President Ionnis TSAKIRIS. Discussions focused in particular on the state of financial cooperation between Morocco and the EIB, as well as the role that the Bank and the European Commission could play in developing projects in the socio-economic infrastructure, transport, energy and environment sectors, and in supporting private sector financing, especially for small and medium-sized enterprises.