Over the past three years, the COVID-19 pandemic and the war in Ukraine have pressured global food supply chains, leading to supply disruptions and price fluctuations. Reducing the sector’s dependence on hydrocarbons helps ensure sustainable food production, price stability and improved food security in developing and emerging countries.
A green loan is a form of financing for eligible projects that contribute to environmental objectives such as climate change mitigation or adaptation.
The project will also leverage the expertise of INNOVX, a multi-sectorial venture platform launched by Mohammed VI Polytechnic University that is dedicated to building innovative and sustainable businesses and ecosystems with a strong local impact. OCP Group helps feed a growing global population by providing it with the essential elements for soil fertility and plant growth. With a century of expertise and a turnover of more than US$ 11.3 billion in 2022, OCP is the world leader in plant nutrition solutions and phosphate-based fertilizers. Headquartered in Morocco and present on five continents, OCP Group has approximately 20,000 employees and works closely with more than 350 customers around the world.
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