CONTEXT
Environmental value
- Fight against desertication
- Prevention of soil erosion
- Contribution to the reconstitution of water tables
Economic value
- Argan oil used for food and medicinal purposes
Socio-cultural value
- Cultural heritage in the Souss Massa region
- Status of biosphere reserve granted by UNESCO (since 1998)
INVESTMENT OPPORTUNITY CURRENTLY STRUCTURED AND ANALYSED BY THE LAND DEGRADATION NEUTRALITY
FUND, PROMOTED BY THE GLOBAL MECHANISM OF THE UNCCD AND MIROVA, A SUBSIDAIRY OF NATIXIS GROUP
CREATION OF SUSTAINABLE VALUE BY WORKING ON THREE PILLARS
REGENERATION OF THE ARGAN TREES
> Production of plants
> Plantation of new trees
> Maintenance / monitoring
> Compensation for deferred pasture
DEVELOPMENT OF ARGAN TREE CULTIVATION
> Production of plants
> Plantation of new trees
> Maintenance / monitoring
DEVELOPMENT OF THE SECTOR
> Creation of cooperatives
> Modernization of mechanic equipments
> Development of logistic platform
> R&D
SCOPE
MOROCCO
SUPPORT TO MULTIPLE PLAYERS
Buyers
Cooperation with cosmetics leaders and supply chain actors
International cooperation
Subsidies from GCF1 to favor the development of the sector
EU2 and AfDB3: support to forest projects
Other technical partners (GIZ, UNPD4)
Local players
Advice in financial engineering for the agricultural development bank (Crédit Agricole du Maroc)
Technical assistance to local agricultural development authorities and institutions
The "AAA" initiative can help the project by identifying potential partners and financing sources
1. GREEN CLIMATE FUND 2. EUROPEAN UNION 3. AFRICAN DEVELOPMENT BANK 4. UNITED NATIONS PROGRAM FOR DEVELOPMENT