ITMO Generation through an Organic Waste to Energy program in Morocco

Under the proposed Activity, the KliK Foundation (“KliK”) will purchase ITMOs from biogas to energy projects from 2021 onward, up to 2030 at an indicative estimated average price of EUR 18 per tCO2e, ranging from EUR 15-20 tCO2e. The projects will be located in or near larger Moroccan cities and include the installation of anaerobic biodigesters to treat the organic waste from market places, slaughterhouses, agro-industrial facilities and other organic waste producers. The organic waste is converted into biogas, which is then converted to heat and power (CHP-Combined Heat & Power). The initial volume of the proposed Activity is EUR 30m to finance the reduction of 1.5-2m tCO2e on 11-15 projects sites in approximately seven provinces in Morocco. The proposed Activity follows a sector-wide approach and can be scaled-up and replicated by extending to other cities and provinces in Morocco. Besides helping to reduce Morocco’s greenhouse gas emissions (GHG) emissions, the proposed Activity offers important local co-benefits and spill-over effects including the reduction of ground water contamination due to lower leachate volumes on the landfills, prolonged landfill lifetimes, improved resource efficiency, creation of jobs, stimulation of new investment in the biogas and power sector as well as raising awareness for the waste problem and know-how transfer.