The Middle East is transforming its energy landscape by investing heavily in solar energy to reduce fossil fuel dependence.

The UAE leads in solar energy, currently at 2.6 gigawatts, aiming for 5,000 megawatts by 2030.

The Mohammed bin Rashid Al Maktoum Solar Park in Dubai has a current capacity of 2,627 MW and a planned capacity of 5,000 MW by 2030.

Egypt has a solar energy capacity of 1.9 gigawatts and a wind energy capacity of 1.6 gigawatts.

The Benban Solar Park spans 37 square kilometers, has a 1,800 megawatt capacity, and is valued at $4 billion.

Saudi Arabia's Makkah solar plant is the largest in the Middle East and North Africa, with 2060 MW capacity.

The UAE aims for 100% clean energy by 2050, including a 2 GW solar plant in Al Dhafra.

The UAE and Saudi Arabia produce the cheapest solar electricity, with Saudi Arabia targeting carbon neutrality by 2060.

Egypt aims to generate 42% of its energy from renewables, mainly solar, by 2035.

The Middle East added 3.2 gigawatts of new renewable capacity in 2022, expecting a huge leap in the next decade.

Arab countries are expected to invest $1 trillion in renewable energy, mainly solar and wind power, by 2040.

Oman aims to generate 30% of its energy from renewable sources by 2030.

Saudi Arabia aims to generate 50% of its energy from renewables by 2030.

Bahrain targets a 30% reduction in carbon emissions by 2035 and net zero by 2060.

Jordan aims to reduce emissions by 31% by 2030, up from its previous 14% target.

The UAE aims to achieve climate neutrality by 2050 by reducing emissions by 80%.

The MENA region has high solar energy potential, with 2,000 kilowatt-hours per square meter per year.

The MENA region aims to increase renewable energy capacity and double energy efficiency by 2030 under the COP28 pledge.

The Middle East is transforming its energy landscape by investing heavily in solar energy to reduce fossil fuel dependence.

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World Future Energy Summit.
Green finance and climate change lead day 2
The second day of the World Future Energy Summit (WFES), held at the Abu Dhabi National Exhibition Centre (ADNEC) in the UAE, kicked off today.
The summit is the premier annual forum for future energy and sustainability.
The day ’ s events focused on green finance, with Boris Johnson, the former Prime Minister of the United Kingdom, stressing the urgency of correcting climate change and thinking outside the box, and providing inspiring views on the obstacles to investing in renewable energy and ways to develop it during a session entitled “Financing Global Approaches to Low-Carbon Economies ”.
“It takes a lot of in-depth social studies, practical solutions and a lot of financial support – governments around the world spend a lot of money to defend themselves against other governments, but we don ’ t spend that much money to fight everyone ’ s first enemy, climate change.
He believes that finding practical solutions requires a serious approach to financing and establishing an assembly line for simple renewable energy projects, so that tangible results can be achieved as soon as possible, which is not possible without setting aside the side issues that usually concern us or we will not be able to solve the problem for another 10 years.
Ahmed Bahieldin, General Manager and Commercial Officer for Europe, Middle East and Africa (EMEA) at GE Vernova, an independent public company spin-off of GE ’ s energy, wind and electricity business, also joined the panel.
“Time is an important factor, especially as there is a lot of capital looking for projects in advanced markets, especially in the areas of renewable energy sources and new technologies, and regulatory reforms and the structuring of the revenue model give more room for growth.
The second day of the summit also saw the launch of the Solar Outlook 2024 report, officially released by the Middle East Solar Industry Association at the World Future Energy Summit.
The report highlights the growing contribution of solar energy to the MENA region ’ s ongoing energy transition from traditional fossil fuels to renewables, amid continued manufacturing boom, population and economic growth, as well as concerns about climate change and environmental sustainability.
Solar Energy
According to the report, the Middle East and North Africa (MENA) region today has one of the highest levels of solar energy potential in the world, with countries such as Saudi Arabia, the United Arab Emirates, Morocco and Egypt contributing on average annual solar radiation exceeding 2,000 kilowatt-hours per square meter per year.
While the regional solar growth trajectory is expected to continue, the report reveals that it is still well below the levels required to replace the current fossil fuel contribution of 87%, with solar providing just over 2% of the current energy mix in the MENA region.
Denisa Vines, Secretary General of the Middle East Solar Industry Association, said: “The COP28 pledge to increase renewable energy capacity and double energy efficiency with the support of 124 countries has set ambitious targets to increase the deployment of renewable energy and energy efficiency measures by 2030, but we still face many challenges to achieve these goals, especially in the energy sector within the Gulf region. After 2030, a variety of technologies are expected to be market-ready, offering scalable solutions to decarbonize the energy sector, enabling a more effective role for renewables, energy efficiency and zero-emission technologies.
The broad pursuit of ambitious targets by 2030 is focused on public utility projects, which may overshadow the needs of the commercial and industrial sectors, and this underscores the importance of considering a balanced approach to energy deployment to ensure inclusive and sustainable development.
COP28 Pledges
Speaking at the Solar and Clean Energy Conference, Dr. Ralph Blumenthal, Head of Networks Programs Middle East at Siemens, praised the ongoing discussions on digitization and the great importance of integrating renewables into smart grids to help achieve the goals of the COP28 pledge.
Batteries are key if we want to triple renewables by 2030, and increase them nine-fold by 2050. Batteries are not only storage, they are essential to grid regulation and reduce disruptions that may occur during renewable energy generation. Today, around 1,500 GW of renewable energy has been installed globally and is ready for deployment, but cannot be integrated into networks. It operates 100% on renewable energy, but national grids have not yet been able to effectively integrate renewables on a large scale.
Constructive discussions and sessions on global energy issues and solutions will continue tomorrow with the Electric Mobility Forum, which will comprehensively examine the role of clean and independent transport in changing the future of city design, and what is needed to unlock the potential of investing in expanding electric mobility.

The UAE leads in solar energy, currently at 2.6 gigawatts, aiming for 5,000 megawatts by 2030.

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Content: In numbers...
Arab countries race to double their renewable energy production by 2030
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DUBAI, United Arab Emirates — (CNN) Arab countries are on track to grow their utility-scale wind and solar capacity by more than 500% by 2023, according to a report by Global Energy Monitor.
According to the report, the Middle East and North Africa (MENA) region has enormous potential for large-scale wind and solar power projects because of its favorable climate and sunny weather for most of the year.
Arab countries are planning more than 73 gigawatts of utility-scale solar and wind projects, a more than fivefold increase in current capacity, which together with operational projects will account for 91% of the Arab League ’ s renewable energy goals for 2030.
The UAE is at the top of the list of Arab countries that produce the most electricity from solar energy, with solar plants producing 2.6 gigawatts of electricity.
Egypt is among the Arab countries that produce the most electricity from wind power at 1.6 gigawatts.
Egypt produces 1.9 gigawatts of electricity from solar power plants.
Egypt ’ s total electricity production from both places it at the top of the list of Arab countries with a production capacity of 3.5 gigawatts.
Thanks to its huge investments in solar electricity production, the UAE ranks second in wind and solar electricity production, followed by Morocco in third place with 1.9 GW and Jordan in fourth place with 1.7 GW.
While Egypt, the United Arab Emirates, Morocco and Jordan are the first Arab countries to initiate wind and solar power plants, Oman, Algeria and Kuwait are poised to follow suit, ranking first in expected solar and wind power production in the near future.
Here are the top Arab countries in terms of the current operation of solar and wind energy on the scale of utilities and the capacity of wind and solar energy expected to be produced at the level of each country in the Arab region.

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Content: Saturday, 09 December 2023 11: 30 GMT
DEWA Projects and Initiatives Support COP28 Goals to Accelerate Energy Transition
(MENAFN- Al-Bayan)
DEWA supports the objectives of the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) hosted by the United Arab Emirates at Expo City Dubai, particularly in accelerating an orderly, equitable and responsible transition in the energy sector.
DEWA is implementing a number of pioneering projects to diversify the sources of clean energy production, including clean and renewable energy technologies in Dubai such as photovoltaics and concentrated solar energy in the Mohammed bin Rashid Al Maktoum Solar Park, green hydrogen production using solar energy, and hydropower stored in the Hatta hydropower project using clean energy, along with projects and initiatives to increase energy efficiency.
His Excellency Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA, said: “In line with the vision of the wise leadership, we contribute through all our projects, events and ambitious plans to support the green economy and accelerate the transition to carbon neutrality by adding solar energy and other clean energy sources such as hydropower and green hydrogen to the energy mix, in line with the Dubai Clean Energy Strategy 2050 and Dubai Carbon Neutrality Strategy 2050. To provide 100% of energy production capacity from clean energy sources by 2050.
In the UAE ’ s Year of Sustainability, with the UAE hosting the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), in which DEWA is a key partner of the track, we are stepping up our efforts to accompany and support this global event, which aims to lead the global shift from pledges to concrete actions. ”
He added: “The world is witnessing an increasing interest in investing in clean and renewable energy sources that will change the global energy landscape over the next few years by relying on environmentally friendly and relatively low-cost energy sources.
We are developing the production and use of green hydrogen as a key part of our transition to clean energy.
We invest in research and development initiatives to find innovative solutions for energy production, storage and distribution.
We are keen to provide global platforms to bridge the gap between the current situation and the 17 Sustainable Development Goals adopted by the United Nations for 2030, and build bridges of communication and constructive cooperation to support the momentum of climate action.
For several years now, we have stopped the launch of any new fossil fuel energy projects, limited new desalination projects to high-efficiency reverse osmosis technology using clean energy, and raised the fuel efficiency of major production units to about 90% at the best global level. ”
Some of the most prominent projects implemented by DEWA to support increased reliance on clean and renewable energy sources are:
The Mohammed bin Rashid Al Maktoum Solar Park, the world ’ s largest single-site solar park using the IPP model, will have a capacity of 5,000 megawatts by 2030, with solar PV and CSP technologies, with investments of up to AED 50 billion.
The current capacity of the complex is 2,627 MW, using solar PV and CSP technologies, equivalent to 16% of DEWA ’ s total power capacity of 16,270 MW.
The fourth phase of the complex, with a capacity of 950 MW and an investment of AED 15.78 billion under the IPP system, is the largest single-site concentrated solar power plant in the world combining concentrated solar power and solar PV technologies.
This phase includes the world ’ s tallest solar tower at 263,126 meters and the largest thermal energy storage capacity of 5,907 megawatt hours.
The Hesayan Independent Water Producer (IWP) desalination project, the world ’ s largest solar-powered desalination project, and DEWA ’ s first IWP project.
The project has a production capacity of 180 million gallons of desalinated water per day using reverse osmosis seawater desalination technology, with an investment of AED 3.357 billion (US $914 million).
The Hatta Hydropower Station project will have a capacity of 250 MW with a storage capacity of 1,500 MWh and a shelf life of up to 80 years.
This station is the first of its kind in the Arabian Gulf region.
The project ’ s investments amount to AED1.421 billion, with the pilot project expected to commence in mid-2024.
A pilot project for the production of green hydrogen at the Mohammed bin Rashid Al Maktoum Solar Park, the first of its kind in the Middle East and North Africa region to produce green hydrogen using solar energy, store it and then convert it to electricity in addition to other uses in the sectors of air transport, land, marine and industry.
The project produces about 400 kilograms of green hydrogen per day, and a hydrogen gas tank can store up to 12 hours of hydrogen produced using solar energy.
Hydrogen is used to produce electricity with a capacity of about 300 kilowatts.
The plant is designed and built to be able to accommodate future applications and test platforms for various uses of hydrogen including power production and mobility.
The project supports the UAE ’ s goal of acquiring a 25% share of the low-carbon hydrogen market, which is expected to be worth more than $400 billion.
The project supports the country ’ s efforts to achieve global competitiveness in the green hydrogen market.
The project supports DEWA ’ s efforts to diversify energy sources and increase investment by supporting innovation, research and development in energy storage technologies, including green hydrogen, which some describe as “the fuel of the future ”, and will play an important role not only in the global energy mix, but also in mitigating the effects of global warming.
The project also supports the Dubai Green Mobility 2030 initiative, which aims to stimulate the use of sustainable transport.
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NEWSLETTER

The Mohammed bin Rashid Al Maktoum Solar Park in Dubai has a current capacity of 2,627 MW and a planned capacity of 5,000 MW by 2030.

Egypt has a solar energy capacity of 1.9 gigawatts and a wind energy capacity of 1.6 gigawatts.

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Economy: Benban and the Gulf of Suez are among the largest renewable energy projects
Economic Middle East magazine, which specializes in economics and energy, said that the Benban solar park and the Gulf of Suez wind project in Egypt are considered among the largest renewable energy projects in the Middle East.
Renewable Energy Projects in the Middle East
The Middle East has long relied on oil and gas, not only for revenue but also for power generation, but in the past years, the region has positioned itself as a leader in the renewable energy sector, boasting numerous renewable energy projects.
From 2023 to 2028, Mordor Intelligence expects the renewable energy market in the Middle East to grow by 13.43% annually.
The Arab Clean Energy Initiative was launched by the International Renewable Energy Agency (IRENA), and during the Arab Economic and Social Development Summit of 2013, the League of Arab States adopted the initiative, with leaders pledging to increase renewable energy generation capacity in the region from 12 GW in 2013 to 80 GW by 2030.
Benban Solar Park
Located in Aswan, Egypt with a capacity of 1,800 megawatts, Benban Solar Park is valued at $4 billion and includes 41 solar power plants, one of the largest solar PV parks in the world, spanning 37 square kilometers and containing 7 million photovoltaic panels, this initiative is a component of Egypt ’ s Renewable Energy Feed Tariff (FiT) program, which was unveiled in September 2014.
Gulf of Suez Wind Power Project
In November last year, ACWA Power and the Sovereign Fund of Egypt (TSFE) signed a memorandum of understanding, and together they will invest in a 1100 MW wind power project in Jebel Zeit and the Gulf of Suez. The project is one of the largest onshore wind farms in the world, and aims to provide power to more than one million households and reduce annual CO2 emissions by 2.4 million tons.

The Benban Solar Park spans 37 square kilometers, has a 1,800 megawatt capacity, and is valued at $4 billion.

Saudi Arabia's Makkah solar plant is the largest in the Middle East and North Africa, with 2060 MW capacity.

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Content: Saudi Arabia...
Signing an agreement to build the largest solar power plant in the Middle East and North Africa
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ACWA Power and BADIL, a subsidiary of the Public Investment Fund (PIF), have signed an agreement to build the largest solar power plant in the Middle East and North Africa in Makkah, Saudi Arabia.
According to a statement published by the Water and Electricity Holding Company "BADIL", the production capacity of the project is 2060 megawatts, and will be held in Shuaiba in the Makkah region.
The company said that the project will be jointly owned by BADIL and ACWA Power at a rate of 50% each, through the establishment of a joint company for the development of the project under the name of "Shuaiba II Electric Power Company".
BADIL and ACWA Power will build, own and operate Shuaiba 2 and sell electricity through it to Saudi Power Purchase, which, when fully completed, will supply 350,000 residential units with electricity.
Shuaiba 2 is ACWA Power ’ s sixth solar power plant in the Kingdom, while ACWA Power ’ s local portfolio includes 13 power generation, water desalination and green hydrogen production plants.
ACWA Power announced yesterday that it has signed a power purchase agreement for the largest solar PV plant in the Middle East and North Africa (MENA) region, Shuaiba II Solar PV Plant in Makkah, with a production capacity of 2060 MW worth $1.75 billion.
She explained that the contract period is 35 years, indicating that the Shuaiba II solar PV plant will be developed, financed, built, owned and operated with a production capacity of 2060 MW.
Source: Saudi Media
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The UAE aims for 100% clean energy by 2050, including a 2 GW solar plant in Al Dhafra.

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Content: DEWA Projects and Initiatives Support COP28 Goals to Accelerate Energy Transition
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Dubai Electricity and Water Authority (DEWA) supports the objectives of the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), which the UAE is hosting at Expo City Dubai, particularly in accelerating an orderly, equitable and responsible transition in the energy sector.
DEWA is implementing a number of pioneering projects to diversify the sources of clean energy production, including clean and renewable energy technologies in Dubai such as photovoltaics and concentrated solar energy in the Mohammed bin Rashid Al Maktoum Solar Park, green hydrogen production using solar energy, and hydropower stored in the Hatta hydropower project using clean energy, along with projects and initiatives to increase energy efficiency.
His Excellency Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA, said: “In line with the vision of the wise leadership, we contribute through all our projects, events and ambitious plans to support the green economy and accelerate the transition to carbon neutrality by adding solar energy and other clean energy sources such as hydropower and green hydrogen to the energy mix, in line with the Dubai Clean Energy Strategy 2050 and Dubai Carbon Neutrality Strategy 2050. To provide 100% of energy production capacity from clean energy sources by 2050.
In the UAE ’ s Year of Sustainability, with the UAE hosting the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), in which DEWA is a key partner of the track, we are stepping up our efforts to accompany and support this global event, which aims to lead the global shift from pledges to concrete actions. ”
He added: “The world is witnessing an increasing interest in investing in clean and renewable energy sources that will change the global energy landscape over the next few years by relying on environmentally friendly and relatively low-cost energy sources.
We are developing the production and use of green hydrogen as a key part of our transition to clean energy.
We invest in research and development initiatives to find innovative solutions for energy production, storage and distribution.
We are keen to provide global platforms to bridge the gap between the current situation and the 17 Sustainable Development Goals adopted by the United Nations for 2030, and build bridges of communication and constructive cooperation to support the momentum of climate action.
For several years now, we have stopped the launch of any new fossil fuel energy projects, limited new desalination projects to high-efficiency reverse osmosis technology using clean energy, and raised the fuel efficiency of major production units to about 90% at the best global level. ”
Some of the most prominent projects implemented by DEWA to support increased reliance on clean and renewable energy sources are:
The Mohammed bin Rashid Al Maktoum Solar Park, the world ’ s largest single-site solar park using the IPP model, will have a capacity of 5,000 megawatts by 2030, with solar PV and CSP technologies, with investments of up to AED 50 billion.
The current capacity of the complex is 2,627 MW, using solar PV and CSP technologies, equivalent to 16% of DEWA ’ s total power capacity of 16,270 MW.
The fourth phase of the complex, with a capacity of 950 MW and an investment of AED 15.78 billion under the IPP system, is the largest single-site concentrated solar power plant in the world combining concentrated solar power and solar PV technologies.
This phase includes the world ’ s tallest solar tower at 263,126 meters and the largest thermal energy storage capacity of 5,907 megawatt hours.
The Hesayan Independent Water Producer (IWP) desalination project, the world ’ s largest solar-powered desalination project, and DEWA ’ s first IWP project.
The project has a production capacity of 180 million gallons of desalinated water per day using reverse osmosis seawater desalination technology, with an investment of AED 3.357 billion (US $914 million).
The Hatta Hydropower Station project will have a capacity of 250 MW with a storage capacity of 1,500 MWh and a shelf life of up to 80 years.
This station is the first of its kind in the Arabian Gulf region.
The project ’ s investments amount to AED1.421 billion, with the pilot project expected to commence in mid-2024.
A pilot project for the production of green hydrogen at the Mohammed bin Rashid Al Maktoum Solar Park, the first of its kind in the Middle East and North Africa region to produce green hydrogen using solar energy, store it and then convert it to electricity in addition to other uses in the sectors of air transport, land, marine and industry.
The project produces about 400 kilograms of green hydrogen per day, and a hydrogen gas tank can store up to 12 hours of hydrogen produced using solar energy.
Hydrogen is used to produce electricity with a capacity of about 300 kilowatts.
The plant is designed and built to be able to accommodate future applications and test platforms for various uses of hydrogen including power production and mobility.
The project supports the UAE ’ s goal of acquiring a 25% share of the low-carbon hydrogen market, which is expected to be worth more than $400 billion.
The project supports the country ’ s efforts to achieve global competitiveness in the green hydrogen market.
The project supports DEWA ’ s efforts to diversify energy sources and increase investment by supporting innovation, research and development in energy storage technologies, including green hydrogen, which some describe as “the fuel of the future ”, and will play an important role not only in the global energy mix, but also in mitigating the effects of global warming.
The project also supports the Dubai Green Mobility 2030 initiative, which aims to stimulate the use of sustainable transport.
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The UAE and Saudi Arabia produce the cheapest solar electricity, with Saudi Arabia targeting carbon neutrality by 2060.

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Content: World Future Energy Summit to focus on providing ‘sustainability blueprint’

The three-day event will be held at the Abu Dhabi National Exhibition Centre from January 16 to January 18

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The 2023 World Future Energy Summit aims to provide a “crucial sustainability blueprint” amid a global focus on the energy transition and measures to boost investment in the renewables sector.

Energy industry leaders and policymakers from around the world will participate in the three-day event at the Abu Dhabi National Exhibition Centre from January 16 to January 18, organisers said on Wednesday.

The summit is the centrepiece of Abu Dhabi Sustainability Week, a global initiative championed by the UAE and Abu Dhabi's clean energy company Masdar to hasten sustainable development and advance economic, social, and environmental progress.

“This event has evolved just as the energy sector and our economies are transitioning,” said Suhail Al Mazrouei, Minister of Energy and Infrastructure.

“It has now morphed into the Middle East’s most important industry gathering, of which clean energy and infrastructure are key components.”

Countries in the Middle East such as the UAE, Saudi Arabia, Jordan, Oman and Egypt are boosting investment in the clean energy sector.

The UAE is investing Dh600 billion ($163.5bn) in clean and renewable energy projects over the next three decades as it aims to achieve net zero emissions by 2050.

It is building the world’s largest solar plant with a capacity of two gigawatts in Abu Dhabi's Al Dhafra region that is expected to be ready next year, as well as the Mohammed bin Rashid Solar Park in Dubai with a capacity of five gigawatts.

Saudi Arabia, the Arab world’s largest economy, also announced a number of new renewable energy projects as it seeks to become carbon neutral by 2060.

Egypt, the most populous country in the Arab world, aims to derive 42 per cent of its electricity mix from renewable sources by 2035. The North African country is hosting Cop27 next month.

“This newly transitioned event profile is in the right place at the right time, underlining a much-needed shift towards reaching our clean energy goals, as well as achieving sustainable governance and adopting consumption and [the] production of natural energy methods that ensure the quality of life for current and future generations,” Mr Al Mazrouei said.

Renewable energy investment continued to rise amid green transition efforts globally. Capital investments in renewables are set to surpass oil and gas spending for the first time in 2022 as high power prices prompt countries to further diversify their energy mix, according to a report by Rystad Energy.

Investment in renewable energy is set to hit $494bn in 2022, outstripping upstream oil and gas spending at $446bn for the year, the Oslo-based energy consultancy said this month.

In addition to the focus on energy, water, eco-waste, solar, smart cities, climate and the environment, next year's event will also preside over the launch of a dedicated hydrogen innovation centre as demand for the clean fuel picks up globally amid green transition efforts, organisers said.

The event takes place at a time when the UAE is preparing to host Cop28 next year.

Updated: October 19, 2022, 10:41 AM
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Egypt aims to generate 42% of its energy from renewables, mainly solar, by 2035.

The Middle East added 3.2 gigawatts of new renewable capacity in 2022, expecting a huge leap in the next decade.

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Content: Sunday, 24 September 2023 02: 03 GMT
2030 Arab Goal to Advance Renewable Energy Capabilities Globally
(MENAFN- Al-Bayan) $(resize) .css ('font-size', newFontSize); return false;});});
Several Arab countries are accelerating to keep pace with the international aspiration to achieve the goal of tripling global renewable energy capacity by 2030, which is receiving widespread attention, amid various plans and strategies at national levels in many countries.
The Arab countries that are likely to play the largest role in this regard, according to industry experts, are the UAE, Saudi Arabia, Oman, Kuwait, Egypt, Jordan, Algeria and Morocco, by injecting more investments into this vital and promising sector.
During the recent G20 summit in New Delhi in September, G20 leaders expressed their support for all efforts to increase renewable energy capacity and pledged to accelerate measures to address environmental crises and challenges.
With this growing international interest in the energy transition, the plans are facing many challenges, including (but not limited to) access to finance, especially for low- and middle-income countries, with significant investment required over the coming years.
(Al-Bayan), a group of American academics and specialists in the renewable energy sector were surveyed about the main opportunities and challenges on the way to increase the desired capacity, the investments required to achieve that goal, and the extent of its expected environmental and economic repercussions.
Huge spikes.
Achieving the ambitious goal of doubling global renewable energy capacity in the near term will be reflected concretely in several contexts, explains Gregory Nemet, a specialist in the analysis of international energy systems and environmental policies at the University of Wisconsin. By 2030, it will deliver significant benefits in terms of jobs, economic development, and improved air quality, as well as putting the world on the path to addressing climate change in the long term.
“The costs of renewable energy, especially solar and wind, have dropped dramatically over the last 10 years, and most experts expect them to continue to fall, ” says Nemet, explaining that a clean, affordable source of energy creates huge opportunities, allowing global renewable energy capacity to be tripled by taking full advantage of it.
According to Nemet, the 3-fold increase also presents challenges, such as “access to finance for low- and middle-income countries, and investments in electricity grids to accommodate this growth ”, stressing that“ challenges can be overcome through sustained efforts and supportive policies, as we have seen many examples in the recent past. ” A sign of broad international cooperation is required in this regard.
Last year, renewable energy capacity (globally) increased by 9.6 percent to 3,372 gigawatts, an increase of a record 295 gigawatts, despite global uncertainty in light of geopolitical developments and the Ukrainian war, according to data published by the International Renewable Energy Agency (IRENA) on March 22.
Almost half of the new capacity from renewable energy in Asia has been added, with China contributing more than 141 gigawatts to the new capacity of the entire continent.
Renewable energy sources in Europe and the United States grew by 57.3 gigawatts and 29.1 gigawatts respectively.
African capacity increased slightly by 2.7 gigawatts.
According to IRENA data, although hydropower accounts for the largest share of total global renewable energy capacity at 1,250 gigawatts, solar and wind power continue to dominate new capacity, contributing 90% of total capacity last year.
Solar capacity came first with an increase of 22%, followed by wind power with an increase of 9%.
Policies and Incentives
University of Massachusetts academic David Turcotte, whose research interests include climate change and environmental justice, believes that there are many opportunities in the context of increasing global renewable energy capacity, due to increases in oil prices as a result of the Ukrainian crisis, which makes renewable energy sources more cost-effective, as well as worsening economic and human costs. Recurrent, more severe climate change disasters.
“Many developed countries have expanded policies and incentives to encourage increased capacity to produce renewable energy.
However, we still face a lot of challenges […]
That threatens to derail efforts to increase renewable energy capacity, and the transition to a clean energy economy.
Among these challenges is the lack of adequate funding to support increases in renewable energy capacity in developing countries, a challenge he described as “serious. ”
While international efforts are accelerating to target investments in the context of increasing global renewable energy capacity, those investments are still below the 1.5 ° C target.
This is shown by data from IRENA and the Climate Policy Initiative (CPI) released in February, which estimate the total volume of investments in renewable energy sectors during 2022 at $499 billion, up from $430 billion in the previous year 2021.
Developments in the world over the past year, especially with the start of the Russian military operation in Ukraine in February 2022, have also encouraged many countries to move more towards renewable energy sources, to overcome the energy crisis caused by the consequences of the war, in the interest of the desired goal of increasing capacity.
Required investments
John Hall, Professor of Mechanical Engineering at the Center for Energy Production and Infrastructure, University of North Carolina, United States, notes that “the goal of tripling global renewable energy capacity by 2030 is a challenge, and achieving the goal requires an intensive global strategy, focused on significant financial investment, technological innovation targeting these communities, inclusive policies, and collaborative efforts. ”
Speaking with Al-Bayan, he stressed that community participation and infrastructure development in underserved areas should be central to the strategy, leading not only to the promotion of the energy transition, but also to economic upgrading.
The International Renewable Energy Agency (IRENA) estimates that $4 trillion per year will be required in the clean energy sector until 2030 to strengthen global capacity in this regard.
Logistical challenges
Warren Mabey, an academic at Queen ’ s University who specialises in energy policy and natural resource management, told Al Bayan that “it is technically possible to triple global renewable energy capacity over the next six years, and this will put enormous pressure on the global supply chains that support the sector. and manufactured goods, necessary for the transformation process).
Mabe believes that “the cost will be enormous, and the logistical challenge may be too great to overcome ”, stressing the need for“ strong and consistent leadership from countries around the world to achieve this. ”
Arabic Steps
At the Arab level, five Arab countries (Egypt, Morocco, Oman, Saudi Arabia and the United Arab Emirates) are expected to account for about 72% of the region ’ s total growth in renewable energy, according to the Organization of Arab Petroleum Exporting Countries (OAPEC), which expects renewable energy capacity to reach 45 gigawatts by 2027, an increase of 3 times. Compared to the last five years.
The International Renewable Energy Agency (IRENA) estimates that in 2022, the Middle East saw the highest increase in renewables ever, with 3.2 gigawatts of new capacity added last year, a 12.8 percent increase over the previous year.
According to the Arab Renewable Energy Authority (AREA), the volume of investments by Arab countries in renewable energy projects is expected to reach $1 trillion by 2040, in light of the interest of Arab governments in this file, to achieve global environmental goals.
A Great Leap in 10 Years
According to the current data, the renewable energy sector in the region is expected to witness a huge leap in the next 10 years, at a time when eight Arab countries are leading this trend, according to the researcher in international relations and political economy, Abu Bakr al-Deeb, adviser to the Arab Center for Studies and Research, who tells Al-Bayan that the countries strongly candidate to move in this direction are:, Kuwait, Egypt, Jordan, Algeria and Morocco).
Aldeeb also cites the volume of electricity generated from renewable sources in the Middle East and Arab countries, which is expected to increase six-fold in 10 years through heavy reliance on solar photovoltaic energy, noting that the Arab region has “great potential ” to help launch major projects to produce energy from the sun. And wind, among these possibilities or advantages (the right climate, the bright sun most days of the year, as well as human expertise, and financial capabilities also for some countries).
The UAE is at the top of the list of Arab countries that produce electricity from solar energy, while Egypt is the largest country in the Arab world in terms of electricity production from wind energy, according to a report issued by (Global Energy Monitor), which Al-Deeb cites when explaining the progress made by some Arab countries in this sector, The UAE, Egypt, Jordan and Morocco are among the first Arab countries to establish solar and wind power plants.
According to the report, renewable power plant projects for Arab countries are likely to achieve 92% of the region ’ s total target by 2030 when completed.
One of the most reliable projects in this regard is the Green Hydrogen projects, through which the Middle East is seeking global leadership, with export revenues likely to reach $200 billion by 2050 for the Gulf countries, according to a study by Dii Desert Energy.
In this context, Al-Deeb notes the abundance of renewable energy resources, clean hydrogen, human expertise, capital, and their geographical proximity to the European market, all of which provide them with important and growing opportunities.
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Arab countries are expected to invest $1 trillion in renewable energy, mainly solar and wind power, by 2040.

Oman aims to generate 30% of its energy from renewable sources by 2030.

Title:

Content: Contribution ｜ Explore Hong Kong ’ s role and opportunities in the development of renewable energy in the Middle East
Author: 01 More Voices
Published: Updated:
In recent years, Hong Kong has actively promoted the development of renewable energy and launched a number of related products in the financial market.
In addition, more and more Hong Kong enterprises have also started to participate in the development of this industry, especially in the financial market, and launched a number of financial products to support the development of renewable energy.
At the same time, many countries in the Middle East, such as the United Arab Emirates, Jordan, Saudi Arabia, Oman and Turkey, are also actively engaged in various large-scale projects to promote the development of renewable energy, and expect to see a different energy mix and economic development model in 2030 or 2050.
For Hong Kong, China and other countries, the development opportunities of the Middle East market cannot be ignored, and Hong Kong ’ s participation in this area cannot be underestimated.
Submitted by: Kwong Cheuk-wui
Recently, I had the opportunity to participate in several seminars on economic and energy development in the Middle East, and have in-depth exchanges with government representatives in charge of foreign affairs and trade from various Middle Eastern countries and Azerbaijan.
These exchange experiences provide the author with a wealth of insight.
After many in-depth talks, to understand the interest and momentum of the development of renewable energy in many countries in the Middle East, the author synthesized the information from various parties and came to the following insights: The reason why the major oil producers in the Middle East are actively developing renewable energy is to achieve economic diversification and get rid of dependence on oil and related industries.
They hope to turn the country ’ s surplus renewable energy into new, dependable foreign revenues (i.e., revenues generated from natural resource exports; “Rents ”) through innovative technologies.
For other non-oil producing countries, they want to achieve economic sustainability through the development of renewable energy, reduce dependence on traditional fossil fuels or electricity imports, and convert renewable energy into new external rental income to boost the country ’ s economic development.
From this, it can be seen that the Middle East countries are very concerned about the development of renewable energy, but also hope to complete the energy transformation as soon as possible, and look forward to renewable energy can produce more and greater economic benefits, create new dependent income, promote economic diversification and modernization, but also benefit thousands of people.
As a result, many countries in the Middle East have invested heavily in and promoted energy transformation and clean energy development.
Although many countries have made extraordinary achievements in driving renewable energy development, they also face many challenges.
Jordan, for example, has a wealth of renewable energy resources, including solar, wind, geothermal and bioenergy, as well as state-of-the-art renewable energy laws, regulatory mechanisms and development frameworks.
Earlier this year, Jordan successfully achieved its national roadmap, originally set for 2030, with renewable energy accounting for 31% of total energy.
The Jordanian government also plans to increase this target to 50%, and is committed to building the country into a regional renewable energy development center and exporting environmentally friendly power to neighboring countries to increase the country ’ s foreign revenue.
However, like other Middle Eastern countries, Jordan faces a host of challenges.
These challenges include lagging energy infrastructure, imperfect grid planning, an over-concentration of resources on solar and wind with less focus on geothermal energy, and a lack of energy storage systems and foreign investment.
In addition, there is the debt problem of the national power company.
These difficulties not only affect Jordan ’ s progress in developing renewable energy, but also act as a barrier to modernizing and diversifying the country ’ s economy.
Some Jordanian officials and scholars are concerned about whether the development of renewable energy is progressing as expected.
They are concerned that if the development of renewable energy and its core economic development model are not carried out smoothly, or if the newly set targets are not successfully achieved, the country ’ s economic sustainability will be adversely affected.
At the same time, it can undermine the credibility and governance of the government.
In particular, those political forces that have been opposed to the use of renewable energy to promote economic development and diversification may take the opportunity to launch opposition actions, further endangering the political stability and regional security of the country and the Middle East as a whole.
It is worth noting that these challenges are not only in Jordan, but also in Middle Eastern countries such as Morocco and Egypt.
Other countries such as the United Arab Emirates, Oman, Saudi Arabia and Qatar have also made great efforts to develop solar and wind power in recent years, but in addition to the above concerns and challenges, there are also concerns that the development of renewable energy will have some impact on the high dependence of these countries ’ economies on oil and gas markets, which may affect existing incomes and lead to economic and social instability.
Other factors include the huge demand for capital, the need for foreign technology and talents, the need for talent training, economic feasibility, etc. These are also issues of concern to the officials of these Middle Eastern countries.
These challenges are in fact a valuable development opportunity for Hong Kong.
The key is to make good use of our strengths, especially in the Belt and Road Initiative, to work with the Middle East countries to promote renewable energy and green economy development.
This not only helps these countries diversify their economies, but also creates development opportunities for Hong Kong businesses and governments, and indirectly promotes the development of other industries.
I suggest that Hong Kong can establish cooperation platforms and channels of communication with transnational organizations in the Middle East and North Africa, such as the Arab Parliamentary Union, the Gulf Cooperation Council, the Turkic Parliament and the Arab Maghreb Union.
Such a platform could be used to explore free trade agreements and to help Middle Eastern countries provide services such as finance, advisory, legal, education or training, and energy infrastructure.
This will not only help Hong Kong consolidate its leading position in the professional services sector and the financial sector, but will also directly or indirectly create many development opportunities, especially in Islamic finance.
Finally, Hong Kong can consider providing financial support to the Middle East countries by assisting in the issuance of Islamic financial bonds to promote the development of renewable energy, and can also take the opportunity to develop Islamic finance in Hong Kong as a new financial center outside the Islamic world.
Of course, Hong Kong should not only cooperate with major countries such as Saudi Arabia and the United Arab Emirates or the above-mentioned multinational organizations and platforms, but also consider other regions with development potential and worthy of investment, such as Turkey, Azerbaijan, Morocco, etc.
This diverse collaboration will help Hong Kong expand its international presence and contribute to global sustainability in the renewable energy sector.
The author, Mr Kwong Cheuk-rui, is the Executive Director of the Hong Kong Group of Ideas, a Master of Arts from the Australian National University, and has worked at the Australian Institute of International Affairs.
The article is only the opinion of the author and does not represent the position of Hong Kong 01.
Please email us at 01view @ hk01.com.
Please attach the author ’ s real name and contact details.
If not applicable, without prior notice.

Saudi Arabia aims to generate 50% of its energy from renewables by 2030.

Title:

Content: The Guardian: The Middle East is facing a ‘ resurrection ’
And Mecca may not be livable by the end of the century.
Friday 29 October 2021 05: 27 pm / Jerusalem time + 2GMT
London / Sama /
Titled “Resurrection Soon: A Reluctant Middle East Forced to Awareness of the Climate Crisis, ” The Guardian ’ s diplomatic editor Patrick Wintour said that Hurricane Shaheen hit Oman some time ago, the first tropical cyclone to reach this point west into the Gulf.
In Basra, southern Iraq, power has been cut off frequently as a result of this summer ’ s temperature of 50 degrees Celsius, forcing residents to move in their cars to get cold.
Kuwait broke the record for the hottest day of 2016 of 53.6 degrees Celsius, and this summer temperatures were very high, with floods in Jeddah and more recently in Mecca at a time when temperatures in Saudi Arabia have increased by 2 percent and the maximum temperature of 2.5 percent since the 1980s.
Qatar is the world ’ s highest emitting country and the world ’ s largest producer of liquefied gas (LNG), and public spaces are equipped with air conditioners.
In Tehran, pollution annually kills 4,000 people a year, and in Khuzestan province, citizens have blocked streets and burned tires due to drought as a result of mismanagement, U.S. sanctions and a deadly atmosphere.
In the United Arab Emirates, the climate crisis is estimated to cost $6 billion a year, the highest in terms of health costs.
The salinity of the Gulf increased with the proliferation of desalination plants by 20%, which affected marine life and biodiversity.
Conditions are expected to worsen at a time of rising temperatures, humidity and sea levels.
Warming rates in the Middle East are twice as high as in the world.
By the end of the century, if the dangerous predictions are correct, Mecca may not be fit for life, making the Hajj season dangerous if not catastrophic.
Large swaths of the Middle East have come to resemble the Afar region of Ethiopia, a vast area without human settlement that pushes towards the Red Sea.
The glittering cities of the Gulf may face the dilemma of rising water levels themselves.
We do not speak of the day of judgment, but of the day of judgment.
Jim Crane, an energy researcher at Rice University in Houston, said: “This is really a difficult topic because the interests of the ruling elites are at odds with the interests of the citizens.
The ruling elite depends on oil resources for the survival of their regimes.
They want to keep the oil trade in order to keep them in power.
Their system is based on oil leasing, but the population ’ s ultimate interests lie in a sustainable climate. ”
Zeina Khalil Haj, founder of Greenpeace in the Middle East, believes that the region is suffering from double pressure: “With increasing demands for energy change, a region that relies on fossil energy, oil and carbon for its economic survival, but cannot continue this dependency.
There will be no oil market but with climate change, they are required to increase efforts to survive.
The extreme climate is changing people ’ s lives on a daily basis and there is no choice but to go green. ”
The West ’ s persistent appetite for fossil energy has led the region to build car-based cities, shiny skyscrapers filled with air conditioners and shopping malls.
It must look for ways to avoid self-destruction, and it must be, according to Thomas Friedman, the Prometheus moment for the Middle East and the search for creative and creative ways.
In fact, the region has been reminded for a decade that it has to make the transition from oil.
Although the moment when oil demand will reach its highest point remains controversial, and depends on a number of assumptions about regulation, technology and customer behavior, the point I mentioned is 2040, after which demand will decline.
But the International Energy Organization ’ s “Net Zero ” report sees the peak as 2050 and by comparison suggests a reduction in oil demand from 88 million barrels per day in 2020 to 72 million barrels per day by 2030, and 24 million barrels per day in 2050, a 75% decline between 2020-2050.
The report argues that the Gulf has three factors underpinning the transformation: capital, sun, and vast, empty spaces.
Until recently, the Gulf states, including Iran, did not feel the desire to shift away from fossil energy to this extent.
When asked, Saudi Oil Minister Prince Abdulaziz bin Salman said it was “a sequel to La La Land, ” meaning that the report and its writers do not know what is happening.
"If I wanted to worry about the IEA's expectations, I would be on Prozac all the time," he said.
Qatar ’ s Energy Minister Saad al-Kaabi said reducing oil and gas production levels would affect the supply process and laughed at “the enthusiasm surrounding the transition. ”
The Organization of Petroleum Producing and Exporting Countries (OPEC) forecasts that the process of oil demand will increase significantly through 2045 and the share of oil in global energy demand will fall from 30% to 28%, which is not a green revolution.
Gulf states still rely on gas and oil exports, accounting for 70 percent of goods exported from Kuwait, Qatar, Saudi Arabia and Oman.
Oil resources account for more than 70% of the total resources of Kuwait, Qatar, Oman and Bahrain.
In Vision 2030, published by Prince Mohammed bin Salman in 2016, he promised to turn the country into an important industrial hub.
World Bank figures show that Saudi Arabia relies on 75% of its oil resources for its budget.
Aramco, which is making its mark on global carbon emissions, is not diversifying at the same pace as Shell or BP.
Instead, it announced it would increase crude oil production capacity from 12 million barrels per day to 13 million barrels per day by 2027.
Haj believes that the shift away from oil may require a psychological shift from the consumer mentality, “The Gulf has not yet reached this kind of discussion.
If you see the way of life in the UAE and Qatar, it is based on inexhaustible consumption, and I fear we are still a long way from that in terms of politics and readiness. ”
Iran is the largest country in the world in terms of carbon emissions by population, followed by the UAE in second place and Saudi Arabia in 13th place.
Of course, Gulf rulers at events such as the Glasgow climate conference can defend themselves by saying that their region is not the primary source of carbon emissions, and historically, collectively, accounts for 4.7% less than carbon emissions and pollution from the United States, Europe and China.
The Middle East exports oil, but pollution is the responsibility of those who import it.
But the region ’ s leaders have come to grips with the problem not because of Western pressure but in response to citizens ’ demands, the goose has realized that the eggs, the oil, are no longer golden but brown.
The UAE is the first country to say it has moved to ratify the Paris Treaty and is the least dependent Gulf state on oil for its government resources.
Last week, she announced the “Net Zero by 2050 Initiative ” with an initial investment budget of $163 billion and appointed the Minister of Climate Change and Environment, Maryam Al Muhairi.
The announcement came after the government ordered awareness sessions in all its ministries since June for 80 days.
It was the first country in the Gulf to adopt a net zero domestic consumption policy.
The plan is still in its infancy and some of its features are unclear, but the direction is clear.
It promised to rely on renewable and nuclear energy by 50% to generate electricity by 2050.
Abu Dhabi ’ s national oil company said it would get 100 percent of its electricity from the nuclear reactor and solar power.
The Mohammed bin Maktoum Solar Park will be the largest in the world with a capacity of 5,000 megawatts.
Gulf states are competing with each other, with news reports that Qatar has appointed a climate minister, Bahrain aiming for net zero carbon by 2050 and Kuwait announcing a plan to reduce carbon emissions.
Saudi Arabia does not like to be late.
It announced that it would increase the proportion of renewable energy from 0.3% to 50% by 2030.
The plan is to plant 10 million trees in the coming decades.
Over the weekend, the kingdom organized a summit of the Green Middle East Initiative, attended by John Kerry and Britain ’ s Prince Charles.
It promised to reach net zero carbon emissions in its territory by 2060.
The main reason the Gulf states have been slow to shift away from oil and its commodities is that they have made them rich and helped them anesthetize their citizens.
Their loyalty was bought through a series of subsidies for water, electricity, fuel and tax breaks.
These dynamics were different from Iraq, Lebanon and to a lesser extent Iran, but the situation is changing with the emergence of local environmental groups.

Bahrain targets a 30% reduction in carbon emissions by 2035 and net zero by 2060.

Title:

Content: Bahrain: Middle East Forum on Energy and Sustainability kicks off - Sunrise Gate
Tuesday 24 January 2023 11: 27 AM Cairo Cairo 24 °
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Bahrain: Middle East Forum on Energy and Sustainability kicks off
(dpa)
Published on: Tuesday 24 January 2023 - 10: 56 AM | Last updated on Tuesday 24 January 2023 - 10: 56 AM
The Minister of Oil and Environment, Special Envoy for Climate Affairs in Bahrain, Mohammed bin Mubarak bin Dinh, inaugurated the Middle East Forum on Energy and Sustainability, with the participation of a number of dignitaries, CEOs, specialists and those interested in this vital field, to discuss a number of topics related to decarbonization in refining projects using the latest specialized technology, as well as providing the best solutions and studies in this field.
In statements reported by the Bahrain News Agency (BNA) on Tuesday, the Bahraini Minister expressed his thanks and appreciation to the European Petroleum Consultancy Company for choosing the Kingdom of Bahrain to hold this forum, stressing the importance of the government to provide means of support and provide the necessary capabilities to attract such types of events in order to enhance cooperation with various entities to achieve the Sustainable Development Goals in clean energy.
He pointed out that the theme of the forum is in line with the global needs at this time to discuss new strategies for the energy transition and laying the building blocks for a low-carbon future, and this forum is a good opportunity to bring together senior officials, decision makers, academics, technicians and specialists to work together to find appropriate and available solutions to address various challenges.
He stressed the importance of coordination and cooperation among all countries to ensure the continued access of clean, reliable and affordable energy to achieve progress and growth in all fields.
He added that the Kingdom of Bahrain has adopted several initiatives to achieve the interim and short-term goals of reducing carbon emissions by 30% by 2035, through investing in initiatives that enhance energy efficiency and direct investment in carbon sequestration technologies to achieve the gradual transformation of a more sustainable energy future and reach zero neutrality by 2060.
The forum, with the participation of a number of speakers from around the world, reviewed many related topics, including decarbonization paths and transition strategies, the basic foundations of a low-carbon future, the transition to a circular economy through recycling and converting plastic waste, the latest green and blue hydrogen technologies and projects, in addition to carbon capture and storage technology.
The forum focused on the GCC region and its role in meeting current demand without affecting the needs of future generations, and the importance of strengthening cooperation with technology owners to contribute to the adoption of new technologies that contribute to sustainable development.
The Bahraini Minister of Oil opened the exhibition accompanying the forum with the participation of a number of local, regional and international specialized companies, which reviewed the latest technologies in this field, in addition to the best technological solutions and studies aimed at achieving the desired goals.
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Jordan aims to reduce emissions by 31% by 2030, up from its previous 14% target.

Title:

Content: ...
...
...
...
Economy of Jordan
Energy Ministry: Jordan committed to reducing emissions by 31% by 2030
Carbon reduction targets rise from previously announced levels of 14%
Posted in: Last Updated:
The Planning Directorate at the Jordanian Ministry of Energy and Mineral Resources, Shurooq Abdul Ghani, said that Jordan is committed to implementing the strategic criteria of the Green Middle East Summit to meet the challenges of the effects of climate change and reduce emissions to 31% by 2030.
In an interview with Al-Arabiya, Shurooq explained that the Middle East Initiative launched by Saudi Arabia and the high level participation in this initiative confirms that climate change transcends all borders.
Participation in the initiative requires countries to adapt to the challenges and impacts of climate change.
Jordan has increased its commitment to reduce harmful emissions from 14% to 31% by 2030, reflecting the Kingdom ’ s commitment to meet its challenges.
She said that the energy sector is one of the important sectors that has a great impact in facing the effects of climate change as the shift towards renewable energy is necessary, noting that the share of renewable energy in electricity generation in Jordan reaches 25%.
“Jordan ’ s energy sector strategy for the years 2020-2030 includes a number of programs and projects aimed at addressing the challenges and the transition to clean energy, ” she added.

The UAE aims to achieve climate neutrality by 2050 by reducing emissions by 80%.

Title:

Content: World Government Summit in partnership with Oliver Wyman
5 urgent actions to reduce 80% of emissions in the Middle East
Governments in the Middle East, which have set ambitious targets for climate neutrality in the coming years, may face real challenges related to limited technological solutions and the potential for their economic and social growth levels to be affected if national priorities and strategies are not aligned.
He recommended five urgent actions to support the efforts of governments in the region to reduce current emissions by 80%.
The report, prepared by the summit in partnership with Oliver Wyman, a consulting firm, titled “Sustainable Policies for Climate Action in the Middle East, ” noted that governments in the region recognize the importance of reducing emissions, prompting the UAE to pledge to achieve climate neutrality by 2050.
Mohammed Yousef Al Sharhan, Deputy Director of the World Government Summit Foundation, stressed that the report reflects the role of the Summit in employing modern technologies to meet the challenges of the environment and climate change, and reduce carbon emissions.
The report recommended focusing on five actions, the first being the application of CCS and CCU in the energy and industrial sectors, where the impact is expected to be a 22% reduction in emissions.
Second, reducing emissions in building heating and cooling, which is expected to reduce emissions by 20%.
The third measure is to increase power generation with low emissions, the impact of which is expected to reduce emissions by 18%, while the fourth measure is to target emissions in logistics and transport, contributing to a 10% reduction in emissions.
The fifth measure is to increase energy efficiency in industrial processes, with the effect expected to be a 7% reduction in emissions.
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The MENA region has high solar energy potential, with 2,000 kilowatt-hours per square meter per year.

The MENA region aims to increase renewable energy capacity and double energy efficiency by 2030 under the COP28 pledge.