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$50,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Apr 11, 2025
Project Estimated Start Date
Dec 10, 2024
Project Estimated End Date
Jun 30, 2025
Client Legal Name
Commune de Casablanca
Project Description
IFC's advisory engagement with the Commune of Casablanca will help the Municipality to procure an international credit rating agency and assist the Municipality during the credit rating process, including providing training to support interactions with the agency.
Development Results
By supporting the Commune of Casablanca's (the "Municipality's") engagement with an international credit agency, the project will help the Municipality adopt and maintain more transparent financial practices and more robust fiscal management, which should help to better position the Municipality to access commercial financing.
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC Sustainability
Policy, IFC team has screened this project to assess consistency with IFC's
Performance standards. Environmental and social risks will be further reviewed
throughout the life-cycle of the project.
IFC advice will be provided in a manner consistent with the principles
of the relevant Performance Standards. The IFC team will assist the client, as
final decision maker, in gaining a good understanding of IFC's Performance
Standards, and provide recommendations for appropriate mitigation measures
whenever warranted.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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