Tonnes of CO2 reduced yearly
Million tonnes of CO2 reduction over 30 years
Renewable energy by 2030
Direct jobs created with contractors
of civil engineering work conducted by local companies
million people with improved acess to transportation
Since 2010, Morocco’s CO2 emissions have risen at an average of 3.5% per year. According to an International Energy Agency report on Clean Energy Innovation Policies in Emerging and Developing countries, Morocco emitted 67 million tonnes of CO2 in 2021, mainly from imported fossil fuels to meet their energy needs.
In this context, the Moroccan National Railways Office (ONCF) has become a driving force for sustainable development, introducing a series of transformative projects designed to support Morocco’s energy goals. Among these projects, ONCF’s high-speed rail line stands out as Africa’s first rail service powered entirely by wind energy—a testament to Morocco’s pioneering role in green infrastructure and climate-conscious innovation.
To finance this visionary project, ONCF issued Morocco’s inaugural Green Bond in 2022, securing 1 billion Moroccan dirhams (roughly £80 million). This bond, the first in Morocco’s infrastructure sector, enabled ONCF to refinance the construction of the high-speed rail link connecting Tangier to Kenitra. The initiative brought together a range of strategic partners, including CDG Capital, and the European Bank for Reconstruction and Development (EBRD).
Facilitated by FSD Africa, these partnerships ensured that the Green Bond adhered to the highest standards of sustainable financing, setting a precedent in Morocco’s journey toward green investment and environmentally responsible development.
The high-speed rail line has already begun to redefine mobility in Morocco, reducing travel times and connecting cities at an unprecedented pace. Its environmental benefits are equally significant, with an anticipated reduction of over 2.5 million tonnes of CO₂ emissions over the next 30 years—equivalent to the planting of four million trees.
In partnership with:
2025 © FSD Africa
Designed and developed by Smith Aegis