The Caisse de Dépôt et de Gestion (CDG) and the European Investment Bank (EIB) reaffirmed their long-standing partnership during a high-level workshop held today in Luxembourg. The strategic event brought together leaders from both institutions, including Khalid Safir, Director General of CDG, and Ioannis Tsakiris, Vice President of the EIB, to bolster collaboration on key initiatives supporting Morocco’s sustainable development.
This workshop served as a platform to reinforce the joint commitment of CDG and EIB to tackling Morocco’s social, economic, and environmental challenges. Key topics discussed included climate finance, energy efficiency, and financial inclusion, aligning with CDG’s strategic vision and the EIB’s role as the European Union’s Climate Bank.
Since the inception of their collaboration, the EIB has allocated over €455 million to support projects spearheaded by CDG and its subsidiaries. Notable initiatives include the Technopoles Maroc II program, which modernizes industrial zones across five regions while fostering carbon-neutral and circular industries, and FINEA’s efforts to provide financing for small and medium-sized enterprises (SMEs).
A highlight of the event was the signing of new guarantee agreements aimed at unlocking investments to support industrial zones, enhance SME resilience, and advance sustainable infrastructure projects. These agreements underscore the shared ambition of CDG and EIB to deliver tangible benefits to local communities.
Both institutions emphasized their commitment to addressing global economic, social, and environmental challenges collaboratively. Discussions spotlighted Morocco’s transition to a low-carbon and resilient development model, the adoption of innovative financing tools for smart energy solutions, and enhanced global coordination among public development banks through initiatives like the Finance in Common Summit.
Ioannis Tsakiris, Vice President of the EIB, highlighted the significance of this partnership, stating: “Our collaboration with CDG demonstrates how public financial institutions can join forces to tackle shared global challenges. The commitments made today reflect our mutual dedication to aligning strategies and transforming them into concrete benefits for local communities.”
Khalid Safir, Director General of CDG, expressed a similar sentiment: “This bilateral meeting with the European Investment Bank marks a new chapter in our historic partnership, focused on innovative and sustainable solutions to economic and social challenges. Together, we have always placed sustainable development and social inclusion at the core of our efforts. This dialogue is a vital opportunity to strengthen our cooperation, particularly in areas like energy transition, advanced regionalization, and enhancing territorial attractiveness. CDG is fully mobilized to address the financing needs of climate change mitigation and adaptation projects, as well as productive, export-oriented economic sectors that generate jobs.”
This high-level meeting marks a crucial step in reinforcing the partnership between CDG and EIB. It celebrates a shared vision where sustainability, innovation, and prosperity converge, further supporting Morocco’s ambitions for a greener and more inclusive future.
