The Mohammed VI Foundation for Environmental Protection and CGEM are launching a series of regional meetings to support Moroccan companies in decarbonizing their activities to best prepare for the EU Carbon Border Adjustment Mechanism (CBAM).
Aware of the economic, social and environmental challenges related to air quality and the climate, the Mohammed VI Foundation for Environmental Protection (Foundation) and the General Confederation of Enterprises of Morocco (CGEM) have proactively collaborated for many years with a view to mobilizing all stakeholders to act in favor of the climate.
In this regard, and to raise awareness among companies in the Rabat-Salé-Kenitra region of the challenges of climate change and introduce them with the tools and support measures available to companies, the Foundation and the CGEM RSK organized a meeting on Tuesday, October 18 from 9:30 am to 12:30 pm at the Hassan II International Center for Environmental Training, the purpose of which was to:
• Inform companies in the Rabat-Salé-Kenitra region on the progress of the international climate agenda and projections for COP27.
• Become aware of the different ways to fight against climate change (reduction approaches, compensation, etc.), particularly through the Qualit’Air Charter.
• Introduce the carbon footprint tool and the existing support tools for companies.
• Inform about the actions and eligible carbon offset projects of the Voluntary Carbon Offset project portfolio carried out by the Foundation.
• Create a framework for exchange, knowledge sharing, experiences and collect feedback from partners.
The Mohammed VI Foundation for Environmental Protection has brought together, under a framework agreement to promote the decarbonization of the Moroccan economy, the leading stakeholders to update and upgrade the Carbon Footprint Tool developed by the Foundation in 2013, to enable Moroccan stakeholders to calculate their GHG emissions and support them in their low-carbon transition. This calculation will also assist them in dealing with the Border Carbon Adjustment Mechanism (BCAM), which will be phased in from 2023 onwards for Moroccan exporting companies in five sectors: iron, steel, cement, fertilizers, electricity production and aluminum.