EC grants €500,000 to Moroccan environmental initiative
The European Commission (EC) will grant €500,000 ($490,425) to the Moroccan government to finance two environmental projects in the state’s Moulouya Basin. The projects will promote biodiversity and water resource development.
The grant will finance a study on biodiversity and pollution in the Basin region, valued at €169,423. The results will be used to develop a capacity increase at the Missour Waste Treatment Center as well as a regional environmental observatory.
The second project will establish a Rabat-based management center for Morocco’s humid areas, valued at €353,294.
Morocco has received €1.1 million from the European Community in loans, €438 million in grants and €100 million in special loans from the European Investment Bank. Under the new Mediterranean Policy, the North African state underwent a structural adjustment program, receiving €80 million. — (menareport.com)
© 2002 Mena Report (www.menareport.com)