Improving Governance in Africa

Morocco Selected eligible Green Bond projects Ouarzazate Solar Complex - Phase I (NOORO 1) Africa's largest concentrated solar power plant AfDB financing USD 204 million • • • • 160 MW of Concentrated Solar Power (CSP) capacity by end 2014 Annual GHG reductions of 0.27 MT CO2e per year Curb CO2 emissions by 6.8 million tons over the lifetime of the asset Creation of 800 jobs between 2012 and 2014 and 50 permanent jobs thereafter Increase in the share of renewable energies in Morocco's energy supply by 2020 Morocco Ouarzazate Solar Complex - Phase II (NOORO II and NOORO III) AfDB financing USD 121 million 500 MW of CSP capacity Annual GHG reductions of 0.52 MT CO2e per year Curb CO2 emissions by 13 million tons over the lifetime of the asset Creation of 1,600 jobs during construction and 200 permanent jobs thereafter Increase in the share of renewable energies in Morocco's energy supply by 2020 56

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