In Morocco, small and medium size enterprises (SMEs) account for 95% of companies, 40% of production, and 46% of employment, but only 20% of GDP and 30% of exports.
The European Bank for Reconstruction and Development (EBRD) with donor support has established the Green Value Chain (GVC), a €90 million credit line to local Private Financial Institutions (PFIs) to on-lend to Moroccan SMEs operating in value chains to invest in high-performing equipment that integrates energy, water, and resource efficiency.
Specifically, the 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.
ACS is a partner to DAI on the Facility and provides technical assistance to banks and sub-borrowers to finance their projects and estimate their potential impact in terms of energy efficiency, water use, and waste recovery.