VOLUNTARY INDUSTRIAL REMEDIATION MECHANISM (VIRM)

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VOLUNTARY INDUSTRIAL REMEDIATION MECHANISM (VIRM)
Incentive Category : Funding

Description

In line with the continuous environmental upgrading of Moroccan companies and in order to ensure the sustainability of the incentive to industrial remediation, Morocco has introduced a new mechanism dedicated to industrial water remediation._x000D_
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Objectives:

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  • Ensure the continuity of the incentive to industrial remediation;_x000D_
  • Environmental upgrading of Moroccan companies;_x000D_
  • Financing projects related to water pollution;_x000D_
  • Reduce the negative impacts generated by the industrial sectors at the level of the hydraulic basins;_x000D_
  • Improving water quality at the level of hydraulic basins.

Organization

Secretary of State in Charge of Sustainable Development

Detail

Downstream Project: (Liquid Waste Treatment)

  • Donation: 40 % ;
  • Equity: 60%.

Integrated Project: (Resource economy and process change)

  • Donation: 20% ;
  • Equity: 80%.

Grant Amount:

  • Maximum MMAD 5 for individual projects.
  • Maximum MMAD 10 for Collective projects.

Eligibility

NC