EMEA > Africa > World Bank approves $265 mln for hydro project in Morocco, amid retreat from climate targets

World Bank approves $265 mln for hydro project in Morocco, amid retreat from climate targets

Published 15:27 on July 6, 2026 / Last updated at 15:27 on July 6, 2026 / / EMEA (Africa, Middle East), Net Zero Transition (Investment, Reporting & Disclosure, Power/Electrification)

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The World Bank has announced a $265-million financing package to support a major hydropower infrastructure project in Morocco, just days after retiring its climate finance targets amid US pressure.
The World Bank has announced a $265-million financing package to support a major hydropower infrastructure project in Morocco, just days after retiring its climate finance targets amid US pressure.


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