Round Up: Third meeting of the Project Steering Committee DAPA ” Design of Policy Approaches under Article 6 of the Paris Agreement”

Round Up: Third meeting of the Project Steering Committee DAPA ” Design of Policy Approaches under Article 6 of the Paris Agreement”DAPA SC   

Rabat, Morocco May 18, 2022 – The Global Green Growth Institute (GGGI) in close collaboration with the Ministry of Energy Transition and Sustainable Development, organized the third steering committee virtual meeting of the DAPA Phase II program “Designing Policy Approaches under Article 6 of the Paris Agreement”.

The steering committee meeting was opened by the two Directors of Energy Transition and Sustainable Development – represented by Mr. Mohamed Ouhmed, Director of Renewable Energy and Energy Efficiency and Mr. Rachid Tahiri, Head of the Climate Change and Green Economy Division.

The Program Lead of GGGI Morocco, Mr. Abdelmajid Bennis presented his thanks to the Ministry represented by Mr. Ouhmed and Mr. Tahiri as well as all the stakeholders present and stressed the importance of GGGI’s technical assistance for the implementation of this program and the major role it will bring for Morocco in the future.

The Senior Officer of GGGI Morocco, Mr. Nacif Safouane in his presentation presented the two selected policies with high potential and eligible for ITMO transaction under 6.2 of PA, and highlighted the importance of capacity building (Art 06 PA, Carbon Market, MOPA) to conclude those transactions. The General Assessment of the Impact of the Two Policy Approaches can improve the business climate, further enhance transparency, facilitate access to information on investment opportunities, improve licensing procedures, which is likely to enhance the attractiveness of the renewable energy sector for domestic and international private investment and accelerate the emergence of a national renewable energy technology ecosystem

The conceived MRV for the two policies as a set of processes and procedures that allow the collection and reporting of factual information (data), their evaluation and their verification with the aim of determining if, when and how the country have met all obligations and transparency matters. Clearly defined roles and responsibilities will ensure a smooth flow of information for all entities that generate, report and verify information for the integrated MRV system on GHG estimates and financial support.