Morocco and Norway have signed a cooperation agreement to develop market mechanisms under Article 6.2 of the Paris Agreement on climate change, aiming to accelerate investments in renewable energy and emission reduction projects.
The agreement was signed during a bilateral meeting on May 6, 2026, in Rabat, according to the Moroccan Ministry of Energy Transition and Sustainable Development. The deal focuses on enabling the transfer of carbon credits between the two countries, supporting Morocco's goal to increase renewable energy capacity to 52% of total installed capacity by 2030.
Article 6.2 of the Paris Agreement allows countries to trade emission reductions bilaterally, helping them meet their nationally determined contributions (NDCs). Norway, which has a strong track record in carbon pricing and clean energy, will provide technical expertise and potential financing for projects in Morocco, particularly in solar and wind energy.
Morocco already hosts one of the world's largest concentrated solar power plants, Noor Ouarzazate, and aims to become a regional hub for green hydrogen production. The partnership with Norway is expected to boost private sector involvement in climate projects and create new opportunities for sustainable development.
Both countries reaffirmed their commitment to the Paris Agreement goals, with the deal expected to serve as a model for international cooperation on carbon markets.
