The World Bank has approved a loan of $180million to sustain Morocco’s agriculture resilience amid extreme weather conditions like droughts and heat waves in the country.
The loan approval comes days after a high-level World Bank delegation, in company of the bank’s president David Malpass, paid a visit to the country.
In a statement, the Bank noted that “climate change and population growth are putting increased pressure on water and land resources.
“Agriculture is at the heart of Morocco’s economic and social ambitions, and this project financing will support this vital sector, in alignment with the country’s Green Generations strategy, the National Water Plan, and the New Development Model,” said Jesko Hentschel, World Bank Country Director for the Maghreb and Malta.
The loan will support Moroccan water management through the Resilient and Sustainable Water in Agriculture (RESWAG) project, which aims to enhance water governance in agriculture, mainly by improving the quality of irrigation services and increasing access to advisory services for irrigation technologies.