WASHINGTON, June 12, 2026 - 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.
The $250 million Morocco Digital Transformation Acceleration Program will provide catalytic financing supporting the national Digital Morocco 2030 strategy. It will accelerate the deployment and adoption of user-centric public digital services for citizens and businesses, support the government's transition to cloud systems, strengthen financing and capacity-building for the startup ecosystem, advance AI innovation, support the digital transformation of micro, small, and medium enterprises (MSMEs), create jobs in the offshoring sector, and expand the digital talent pool.
Developed in close collaboration with the Moroccan government and targeting measurable results by 2031, the World Bank-supported program places an emphasis on promoting youth and women's participation in the digital economy. It aims to deliver end-to-end digital access to priority public services through a unified national portal, reducing reliance on in-person administrative visits and improving user satisfaction and adoption. A National Sovereign Wallet, anchored to the national identity card, will allow citizens to securely store and share their official documents digitally. The program will support public administrations in adopting cloud-based solutions for new IT investments, advance AI-based digital innovation capacity through centers of excellence, mobilize venture capital for startups, generate jobs in the offshoring sector, channel financing toward the digitalization of small and medium enterprises, and strengthen the digital skills pipeline. Through government-supported risk-sharing mechanisms, it is expected to mobilize close to $200 million in private capital for startup financing and MSMEs digitization.
The $400 million Morocco Climate & Risk Finance Program will strengthen Morocco's financial resilience against climate, disaster, and cyber risks, and help unlock private capital for the country's climate infrastructure development. To achieve this, the program will develop cyber and disaster insurance instruments to expand risk transfer capacity; bolster institutional frameworks; reinforce digital payments infrastructure to accelerate the flow of finance after shocks; and build the financial regulators' capacity to oversee climate and cyber risks to banks and insurers. Together, these will shield households, firms, and the financial sector from increasingly threatening risks. To facilitate investment in climate infrastructure, it will establish a Project Preparation Facility to develop a pipeline of commercially viable projects in renewable energy, energy efficiency, sustainable transport, and water infrastructure; and de-risk private investment through blended finance structures and capital market tools designed to accelerate the flow of private capital into climate-aligned infrastructure at scale.
Over the next five years, the program aims to mobilize up to $400 million in private capital, put in place $1 billion in pre-arranged disaster financing, and extend cyber risk coverage to at least 20 financial entities, whilst helping bring a new generation of climate infrastructure projects to market.
"These two new programs address critical pillars of Morocco's transformation priorities, a digitally empowered economy, a vibrant innovation ecosystem, and a financially resilient nation equipped to manage the climate, disaster, and cyber risks of a rapidly changing world," said Ahmadou Moustapha Ndiaye, Division Director for the Maghreb and Malta at the World Bank. "Together, these programs will support an integrated architecture for Morocco's next decade - one that mobilizes private capital, creates jobs for youth and women, and advances the country's climate commitments."
