LOANS & CREDITS
Morocco - First Inclusive Green Growth Development Policy Loan
Washington DC, December 20, 2013—The World Bank's Board of Executive Directors today approved the following project.
IBRD Loan: US $300.0 million equivalent
Terms: Maturity = 29 years, Grace = 6.5 years
Project ID: P127956
Project Description: The development policy loan will promote revenue diversification in rural Morocco, improve the management of natural resources and encourage a shift towards low carbon growth.