In Morocco, small and medium size enterprises (SMEs) account for 95% of the companies, 40% of production, 46% of employment but only for 20% of added value and 30% of exports.
The EBRD together with the support of donors, has established the Green Value Chain (GVC), a EUR 90 million credit line to local Participating Financial Institutions (PFIs) to on-lend to Moroccan SMEs operating in value chains for their investment in high-performing equipment that integrate energy, water and resource efficiency.
Specifically, the EBRD GVC Facility supports local SMEs to:
move from low value-added to high value-added production in terms of know-how and skills;
link to more advanced aggregators for more competitive and increasingly export-oriented value chains.
GVC offers to SMEs wishing to innovate and modernise their installations through green technologies:
a loan or lease obtained through one of the PFIs to implement the investment; currently, these are Banque Populaire, Bank of Africa, Crédit du Maroc and Société Générale and their respective leasing arms; and
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