Proceedings of the International Conference on Multidisciplinary Research in Management and Economics (ICMRME 2025)

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Morocco’s Voluntary Carbon Market: Towards a Low-Carbon Future and an Energy Transition

Authors
Gnaoui Imane1, *, Moutahaddib Aziz2
1National School of Business and Management, Research Laboratory in Business and Management, Ibn Tofail University, Kenitra, Morocco
2National School of Business and Management, Research Laboratory in Business and Management, Ibn Tofail University, Kenitra, Morocco
*Corresponding author.
Corresponding Author
Gnaoui Imane
Available Online 17 November 2025.
DOI
10.2991/978-94-6463-892-9_29How to use a DOI?
Keywords
Carbon market; climate change; low-carbon strategy; emission quotas; carbon credits
Abstract

Faced with the challenges of global warming, Morocco is actively committed to reducing greenhouse gas (GHG) emissions and moving towards a low-carbon economy.

The country recently signed a memorandum of understanding between CDG and CFCA to create a voluntary carbon market. The aim of this market is to encourage companies to offset their emissions by trading carbon credits, while promoting the transition to a sustainable economy. Moreover, Morocco launched the “Green Cluster”, which brings together companies, research institutions and public bodies to foster green innovation and support industrial sectors in reducing their carbon footprint. Its aim is to create a collaborative platform to strengthen the competitiveness of Moroccan industries while aligning them with international climate goals.

However, an in-depth analysis raises a number of questions. While the carbon market had the potential to encourage companies to reduce their environmental footprint, its effectiveness depends on the transparency of its mechanisms, its governance and the introduction of rigorous regulation. Indeed, the lack of strong constraints could limit its effective impact on reducing emissions.

All these initiatives demonstrate the country’s determination and will to lead an ecological transition in line with global objectives to combat climate change.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Multidisciplinary Research in Management and Economics (ICMRME 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
17 November 2025
ISBN
978-94-6463-892-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-892-9_29How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Gnaoui Imane
AU  - Moutahaddib Aziz
PY  - 2025
DA  - 2025/11/17
TI  - Morocco’s Voluntary Carbon Market: Towards a Low-Carbon Future and an Energy Transition
BT  - Proceedings of the International Conference on Multidisciplinary Research in Management and Economics (ICMRME 2025)
PB  - Atlantis Press
SP  - 515
EP  - 532
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-892-9_29
DO  - 10.2991/978-94-6463-892-9_29
ID  - Imane2025
ER  -