uk aid to morocco to fund electricity for europe
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

UK aid to Morocco to fund electricity for Europe

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice UK aid to Morocco to fund electricity for Europe

London - Arabstoday

The Moroccan government is expected to award a contract in the coming weeks for the building of a massive solar power plant in Morocco, using UK aid money to produce electricity for Europe. Money taken from the UK aid budget is to be used by the World Bank to finance the Ouarzazate solar project, designed to prioritise export to Europe rather than ensure that ordinary Moroccans can access affordable electricity. The project is part funded the World Bank’s Clean Technology Fund, which receives 14 per cent of its money - or £385 million – from the UK overseas aid budget. The fund’s objectives include poverty reduction, but a report launched today by the World Development Movement argues that the project could in fact exacerbate poverty in Morocco. The report’s author Oscar Reyes said today: “Investment in renewable energy is essential to the fight against climate change. But measures to tackle climate change will only work if they also address poverty and inequality. By setting in place an export-led model that is likely to see electricity costs for the Moroccan people increase, and by asking the Moroccan government to subsidise the creation of a risky mega-project, Ouarzazate could make it more difficult for ordinary Moroccans to access electricity, especially in rural areas. And yet the project is being funded from the UK’s overseas aid project, the very purpose of which is to reduce poverty.” The World Development Movement is calling for the new global Green Climate Fund, intended to replace temporary arrangements such the World Bank’s Clean Technology Fund, to prioritise projects that tackle poverty and aid transition to a low carbon economy, instead of subsidising multinational companies. In December the anti-poverty group revealed that UK aid money channelled through the World Bank is also being used to produce cheap electricity for the US multinational Walmart, through a project that violates the rights of indigenous people in Mexico. The Ouarzazate solar project in Morocco is part of Desertec, a plan by a consortium of energy and finance multinationals to construct an energy ‘super-grid’ connecting Europe with the Middle East and North Africa. The Moroccan Agency for Solar Energy is expected to award the contract for the Ouarzazate project to one of three groups, led by Abeinsa ICI, Enel SpA (ENEL) and ACWA Power International.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uk aid to morocco to fund electricity for europe uk aid to morocco to fund electricity for europe

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uk aid to morocco to fund electricity for europe uk aid to morocco to fund electricity for europe

 



GMT 10:21 2016 Wednesday ,23 March

cartoon eleven

GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 14:32 2013 Monday ,16 December

Fall bedroom decorating ideas

GMT 13:56 2017 Saturday ,28 January

Smart Ideas to Make your Own Headboard

GMT 09:42 2017 Sunday ,31 December

Lukaku adds to Mourinho's woes as United lose ground

GMT 11:57 2017 Tuesday ,19 December

The Bentley Bentayga Black Specification

GMT 12:58 2014 Sunday ,16 November

16 things that make you a financial adult

GMT 20:57 2016 Sunday ,10 July

Monsoon floods kill 15 in Central India

GMT 16:15 2014 Saturday ,08 March

Blast in eastern Afghanistan kills 6 security men

GMT 00:09 2017 Wednesday ,02 August

OIC urges Muslim world to co-ordinate efforts
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice