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Reading: AIIB Approves $200 Million Loan to Strengthen Morocco’s Climate Resilience
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African News Herald > Blog > Technology > AIIB Approves $200 Million Loan to Strengthen Morocco’s Climate Resilience
Technology

AIIB Approves $200 Million Loan to Strengthen Morocco’s Climate Resilience

ANH Team
Last updated: August 24, 2025 4:32 pm
ANH Team
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The Asian Infrastructure Investment Bank (AIIB) has announced a $200 million loan to support climate resilience projects in Morocco. The Chinese Embassy in Morocco revealed this funding on Tuesday, August 19, 2025.

Morocco will utilize this financing for priority projects, including enhancing environmental and water infrastructure and implementing measures to safeguard economic sectors vulnerable to climate risks. The country is facing increasing exposure to the impacts of global warming, as highlighted in a World Bank report from September 2024. Data from the Intergovernmental Panel on Climate Change (IPCC) shows that Morocco’s average temperatures have been rising at a rate of 0.2°C per decade since the 1960s, double the global average.

The accelerated warming has led to a rise in extreme weather events such as heatwaves, floods, and droughts, imposing significant social and economic costs on the population. Morocco joined the AIIB in 2019 and is now one of 110 member states, including 19 African nations. Established in 2015 under China’s leadership, the AIIB aims to finance infrastructure projects across its member countries and challenge Western dominance in global financial governance.

This $200 million loan signifies one of AIIB’s most substantial involvements in North Africa to date, indicating a growing interest in funding climate adaptation initiatives in the region.

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