06/15/2026
The World Bank Group has approved a $400 million program to shield households, businesses, and the financial sector from the growing threats of , disaster, and cyber risks — and the results it aims to achieve by 2031 are promising.
Here's what the Morocco Climate & Risk Finance Program will deliver:
✅For resilience: New cyber and disaster insurance instruments will expand Morocco's risk-transfer capacity, while a reinforced digital payments infrastructure will accelerate the flow of finance after shocks. Financial regulators will receive dedicated support to better oversee climate and cyber risks.
✅For disaster preparedness: $1 billion in pre-arranged disaster financing will be put in place — ensuring that when shocks hit, the financial response is fast and effective.
✅For the financial sector: Cyber risk coverage will be extended to at least 20 financial entities, with 60% of regulated insurers expected to incorporate climate and cyber risks into their management processes.
✅For climate investment: A new Project Preparation Facility will develop a pipeline of commercially viable projects in renewable energy, energy efficiency, sustainable transport, and water infrastructure — backed by blended finance structures to attract private investors at scale.
Over the next 5 years, the program aims to mobilize up to $400 million in private capital and bring a new generation of climate infrastructure projects to market. This is about more than financial protection; it's about ensuring that when the next shock hits, Morocco is ready.
Learn more:
The World Bank's Board of Directors has approved two new programs totaling $650 million that will help accelerate progress toward Morocco's digital transformation goals while boosting the country’s financial resilience against climate, disaster, and cyber risks.