# Energy Transition in the Middle East: A Focus on Saudi Arabia's Renewable Revolution

## Executive Summary

The Middle East, traditionally synonymous with oil wealth, is undergoing a significant energy transition.

Saudi Arabia, the region's largest oil producer, has emerged as a leader in this transformation through its Vision 2030 initiative, which aims to diversify the economy and reduce dependence on petroleum revenues.

This report examines Saudi Arabia's renewable energy transition, highlighting key projects, solar capacity development, government incentives, and the broader implications for the local economy and climate goals.

## Saudi Arabia's Energy Transition Framework

### Vision 2030: The Catalyst for Change

Launched on April 25, 2016, Saudi Arabia's Vision 2030 represents a comprehensive economic transformation strategy.

The initiative was designed to prepare the Kingdom for a post-oil world while maintaining its position among the world's strongest economies.

A key component of this vision has been the diversification

# Energy Transition in the Middle East: A Focus on Saudi Arabia's Renewable Revolution

## Executive Summary

The Middle East, traditionally synonymous with oil wealth, is undergoing a significant energy transition.

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Content: Saudi Arabia, Saudi Arabia agree to strengthen cooperation in renewable energy
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Saudi Arabia has been an energy superpower in the fossil fuel sector for decades, and as countries around the world switch to renewable energy, it will also become a leader in clean energy because of its vast territory ’ s potential to provide solar and wind power.
Foreign Minister Dr Vivan, who is on an official visit to the Saudi capital Riyadh, posted on his personal page on Tuesday (September 6) that he believes Saudi Arabia will eventually become the largest exporter of green hydrogen, while Singapore, as an energy-dependent city-state, is exploring both home-grown and imported renewable energy.
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Content: In anticipation of the launch of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28)
• One-third of respondents trust that renewables will overtake fossil fuels as their primary source of energy by 2050
• Up to 80% of respondents stressed that significantly accelerating the deployment of renewables is the most urgent issue that requires attention to achieve the desired goals
Despite the rapid growth of renewables, they have not met the important targets of the Paris climate agreement.
Dubai, United Arab Emirates: As the UAE prepares to host the COP28 Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), KPMG has released a comprehensive report titled “Making a Difference in Scaling Up Renewable Energy ”, which highlights 10 pressing challenges defining the energy transition and providing solutions and recommendations to address them.
The scale of current renewables deployment is far from sufficient to meet the Paris climate agreement ’ s ambitions to limit global warming to 1.5 ° C above pre-industrial levels.
The launch of the report is in line with COP28 ’ s goals to adopt global practices and commitments to triple renewable energy by 2030, and outlines the practical challenges that will have to be overcome to achieve these ambitions.
In order to address the challenges, the report noted that a thorough diagnosis of the main challenges hindering the significant expansion of renewable energy should be initiated.
The UAE, which hosts COP28, has outlined plans to double the contribution of renewable energy within the UAE ’ s 2050 energy strategy.
By investing between Dh150 billion and Dh200 billion by 2030, the country aims to meet the growing demand for energy to power an economy that is growing at a rapid pace.
Fadi Shihabi, Partner and Head of Sustainability and Climate Change at KPMG Loire Gulf, said: “COP28 is expected to address gaps in global climate endeavours.
The UAE government has made climate action a strategic priority by revising its national climate pledge under the Paris Agreement; this has been demonstrated by setting targets to reduce emissions by 40 per cent from the current normal level, while previously planning to reduce it to only 31 per cent, in the areas of industry, agriculture, power production and grid power transmission.
Joint efforts and collective action are crucial to the preservation of ecosystems and communities in the near future. ”
More than 80% of respondents agreed that significantly accelerating the deployment of renewables is among the key priorities requiring significant focus, with 84% noting that current market barriers have led to significant delays, even the abandonment of renewable energy projects.
In addition, 40% of respondents said that current government policies are ineffective in accelerating the deployment of renewables, noting that restrictive government policies and regulations are the main obstacle to expansion (77%), with the most important barriers to renewables expansion being: market structure and design (75%), supply chain risk (61%), access to capital (48%), and lack of investment in grid infrastructure (47%).
KPMG will share the findings of this report during the COP28 conference in Dubai in early December, calling on the financial community, energy companies, decision makers, academics, think tanks, and governing bodies to work together to accelerate and scale up the deployment of renewable energy.
For more information on the “Events for Change in Renewable Energy Expansion ” report, or to meet with KPMG experts and officials at COP28, visit www.kpmg.com / energytransition.
KPMG International conducted an anonymous online survey with a total of 110 respondents from different locations in the renewable energy industry, both in public and private companies, in more than 24 countries, answering questions about the need to accelerate the deployment of renewables, current market challenges and policy effectiveness.
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Content: Al-Jubeir: Saudi Arabia can dazzle the world in the field of energy
Published 12 November 2022 - 09: 59
Saudi Foreign Minister Adel Al-Jubeir
Saudi Foreign Minister Adel Al-Jubeir said that his country has 17 initiatives in the field of renewable energy to protect the environment, and that it is able to grow and produce hydrocarbon products, and that the Kingdom is able to impress the world in the field of energy, through the goals and objectives it can achieve.
Saudi Arabia ’ s climate envoy said on Saturday the international community needed to work together to tackle climate change.
He stressed that "the Kingdom has goals and objectives that we can achieve to impress the world in the field of energy."
Speaking at the second day of the Saudi Green Initiative Forum, at the COP27 Climate Conference in Sharm el-Sheikh, Egypt, Al-Jubeir said: “We have a responsibility to take care of climate change as an oil exporting country to protect our children in the future. ”
Through the Saudi Green Initiative, the Kingdom aims to plant 10 billion trees across the country in the coming decades, raise the percentage of protected areas to 30%, and reduce carbon emissions by 278 million tons annually by 2030.
Saudi Arabia is working on a massive tree planting program in the region, the largest in the world, which aims to plant 50 billion trees, and the Kingdom has called at the summit of the Middle East Green Initiative, to reduce carbon emissions in the region by more than 10% of global contributions.
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Content: ECONOMY
Minister of Energy: Saudi Arabia is a global hub for energy
We developed a system for sustainability.
Thank you for reading about the Minister of Energy: a global hub for energy.
We developed a system for sustainability, and now we start with the details.
HRH Prince Abdulaziz bin Salman, Minister of Energy, said: “Saudi Arabia has been and continues to be a hub for energy in the world, and will continue to be a hub for that industry and related industries.
He added during a panel discussion at the Saudi European Investment Forum currently held in Riyadh, that Saudi Arabia is currently in a transitional phase, and we have started a long journey full of incentives, and we are not traditional but modern, and we seek to abide by what we signed in the Paris climate agreement.
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Developing a new sustainable energy system
He noted that Saudi Arabia has developed a new system with a focus on the Paris Agreement, maintaining our commitment to have a sustainable energy system that delivers services, provides a sustainable economy and maintains our commitments over time.
He explained that if we do not care about the sustainable economy, we will lack the capabilities and capabilities that make us care about climate change, and there is no priority at the expense of others, as we look at the circular economy in a holistic way to reach the concept of the circular carbon economy.
Best Energy Program
“We have the best energy program, which is witnessed by the EU and the US, with more efficiency in price and cost, as we try to move from liquids to gas by 50% to rely on renewable energy, while the EU targets only 45%, ” he said.
We need to be aware of this transition and its requirements, with attention to climate change through some arrangements and preparations to focus on carbon emissions in all sectors, as this allows individuals to be at the same level as the Paris Agreement.
Saudi Arabia is a model for others to follow.
He pointed out that Saudi Arabia seeks to be a role model in the circular carbon economy, but we must not forget that a third of the world's population suffers from poverty and lack of energy, pointing out that the Kingdom hosted the Climate Change Week and no one obliged us to do so, but we saw challenges in this event, makes us play a leading role and provide a model for others to follow.
We must speak from a humanitarian and economic perspective to raise the welfare of about 2.2 billion people to promote development and the economy, while developing solutions in a collective, comprehensive and logical manner that takes into account national issues, and provide incubators for the sources of the circular carbon economy.
He added that Saudi Arabia is currently planning the thoughts and minds of young people who are under 30 years old and have potential within the objectives of Vision 2030, and there are no circumstances that stand in the way of achieving the aspirations, aspirations and goals of the younger generations.
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Content: Vision 2030
Energy in Saudi Arabia 8 years after the launch of the vision
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Faisal Al-Fayeq
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The 25th of April is the date of the launch of the Saudi Vision 2030. If we compare the vision to a journey, we have successfully completed the take-off phase with economic reforms and structural changes to achieve the vision ’ s goals and strategies. We will start the gradual decline phase to complete the vision in record time.
I was invited and had the privilege of attending on this historic day, and we do not forget what Crown Prince Mohammed bin Salman said when he presented us with the vision of the present for the future, a vision that reflects the aspirations of all of us and reflects the capabilities of our country, and it became clear that many achievements and successes have been achieved after 8 years of its launch and even before the arrival of 2030.
Saudi Vision 2030 focused on preparing the Kingdom to assume its position in the world of tomorrow as one of the strongest economies in the world, and do not forget the “treatment of oil addiction ”, which was said by His Highness Crown Prince Mohammed bin Salman and we saw it on the ground as a result of efforts launched eight years ago.
With the implementation of the goals of Vision 2030 and the economic correction to reduce dependence on oil as the only source of income, our ambitious vision came with achievements on the ground that qualify us to progress among the 20 strongest economies in the world.
The Kingdom ’ s budget came after the dawn of the vision of a gradually less reliance on oil and prevention of price fluctuations, where reliance on oil price estimates was mainly when estimating financial budgets previously.
Non-oil revenues are the treatment prescribed by His Highness the Crown Prince for the treatment of oil addiction, after the launch of Vision 2030, some ministries and government bodies were restructured in line with the objectives and strategies of this vision.
Indeed, we have seen oil prices decline to negative during the peak of the pandemic, underscoring the crown prince ’ s vision that we cannot rely on a single source of income and must diversify economically.
Non-oil activities in Saudi Arabia during 2023 recorded their highest contribution to the Saudi GDP ever at 50%, based on data from the Ministry of Economy and Planning issued by the General Authority for Statistics, which reflects the success of achieving comprehensive economic reforms on the ground.
– Achievements of the energy sector in Saudi Arabia eight years after the launch of the Kingdom ’ s Vision 2030
With the Kingdom ’ s Vision 2030 leaps in quality, structural changes and enhanced transparency, there is an unprecedented awareness among citizens, who have gone from being recipients of energy information to participating in its dialogues. This shift is in the interest of the sector as the global energy media no longer plays the main role in broadcasting their ideological agendas without resistance or analysis.
Since the establishment of the Ministry of Petroleum and Mineral Resources in the Kingdom of Saudi Arabia in 1960, HRH Prince Abdulaziz bin Salman, since assuming the Ministry of Energy on September 8, 2019, has achieved great achievements and even turned the challenges into historic achievements:
* * Turning the September 14, 2019 attacks on the Abqaiq and Khurais oil facilities from disasters to achievements, after the return of production in record time stunned the world, with the sustainability of oil prices regardless of the largest attack on oil facilities in history.
* * Agreement on the return of production from the divided zone with Kuwait
* * Announcement of the development of the giant Jafoura gas field
* * Agreement to start the implementation of the electricity interconnection project with some neighboring countries
Opec Plus led to biggest production cut in history
The kingdom has saved the world economy in dire straits after leading OPEC and non-OPEC producers to agree on the biggest oil production cut in history and the OPEC + agreement is about to enter its ninth year in a row.
The Kingdom led OPEC + producers to agree on the largest production cut in the history of oil production by reducing 9.7 million barrels per day to absorb the biggest shock of the decline in demand for oil and its derivatives due to the impact of the Coronavirus outbreak to respond quickly to market changes and the decline in global oil demand due to the outbreak of Coronavirus and the need to contain the largest demand shock.
* * Historic success of Saudi Aramco, the world ’ s largest integrated energy company
Four years since Aramco ’ s launch at the end of 2019 have been among the files covered by the Vision ’ s reforms, and this goes beyond the materialistic perspective – which many believe – given the Kingdom ’ s position as the most reliable supplier of oil and the key factor for the stability of the global economy.
Despite the systematic external media attack against the Saudi Aramco IPO and the unfair evaluation of its market value over three years before the IPO, the Saudi Aramco IPO succeeded and achieved this vision and strategy and the vision of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman at the stage where the IPO is considered appropriate.
The inclusion of the vision reforms to introduce a small part of “Saudi Aramco ” came at a pivotal time needed by the company to secure its future because it is no longer an isolated system from its external environment and far from continuous monitoring and evaluation, and finally opened the black box as promised by His Highness the Crown Prince.
The launch of a small part of Saudi Aramco came to ensure the sustainability of this giant with the required vitality and efficiency, and this can only be achieved by appearing as a normal commercial company with announced financial statements and a professional management leadership fully aware that there are those who follow them accurately, and an independent board of directors and a public association evaluate and follow up.
Aramco is the most profitable and the least lost during the pandemic
In 2020, IOCs suffered heavy losses that affected future investment in infrastructure by reducing capital spending for exploration and exploration, but this was not the case for Saudi Aramco, which kept infrastructure investments going for key projects.
Aramco ’ s exceptional financial performance is clearly reflected in the fact that Aramco ’ s investors are the safest not only in normal times, but also in crises, after Saudi Arabia proved to be exceptional in crises.
The company has shown similar resilience in recovering from the impact of the COVID-19 pandemic, which has had a catastrophic impact on the energy sector and the global economy.
Amid sharp price fluctuations, its stock remained remarkably stable.
Construction of the world ’ s largest hydrogen plant in NEOM
This will be the world ’ s largest utility-scale commercial facility powered by renewable energy to produce ammonia, green hydrogen, solar and wind energy sources, producing 100% clean energy to power NEOM, not only to reach zero carbon emissions, but also to achieve a circular economy.
Also from the achievements of energy after the launch of the vision:
Saudi Arabia ’ s Realism of Leading the World with Effective Theses of Climate Change
The Kingdom has always been known for its honorable positions and realistic solutions that take into account the interests of all. Unlike the fallacious and unrealistic road map towards zero neutrality developed by the International Energy Agency and adopted by some leaders of industrialized countries without any realism and by placing obstacles to all fossil energy sources, Saudi Arabia has moved in the field of climate change and emissions reduction with a diversified model of energy sources of oil, gas, wind, solar and hydrogen. Other countries have all this diversity of energy sources such as the Kingdom.
Saudi Arabia ’ s initiatives are developing technologies to achieve zero neutrality by 2060 – the initiative launched by His Highness the Crown Prince comes to protect the climate and the environment, which must be taken seriously at UN climate change conferences.
At a time when climate change theorists and fossil fuel demonizers have raised issues of environmental pollution and addressed global warming with unrealistic studies to reduce emissions by simply launching worthless slogans, the Kingdom has introduced real initiatives that began to impact in many regions of the Kingdom even before the launch of the Saudi Green Initiative, through a circular carbon economy with a commitment to adapt to future local, regional and global energy needs.
The Kingdom is beginning a more serious phase in working with the international community to protect the planet and face climate change, culminating in the Green Middle East Summit, which was the first to work in the fight against climate change by contributing to the purification of the lung of the world, which no one has provided effective solutions to purify it, while the Green Saudi Forum came with a package of realistic targets.
The World Economic Forum has defined “energy poverty ” as the inability to access sustainable modern energy services and products.
Saudi Arabia is focusing on the importance of finding realistic solutions to combat “energy poverty, ” an approach we don ’ t hear from major industrialized countries, especially those battling fossil fuels.
The term “energy poverty ” means the lack of access to adequate, affordable, reliable and safe sources of energy to support development.
Insufficient energy means the impossibility of developing agriculture and industrialization, thus keeping poorer countries trapped in a vicious cycle, contributing to malnutrition, unhealthy living conditions, and limited access to education and employment.
Saudi Arabia emphasizes the importance of combating “energy poverty, ” an approach we do not hear from the major industrialized countries, as insufficient energy means that it is impossible to develop agriculture and industry, thus keeping the poorest countries trapped in a vicious cycle of poverty and hunger.
Eliminating fossil fuels requires flexible thinking rather than a one-size-fits-all approach, the goal being to balance sustainable development with the needs of each economy, while unifying the goal should focus on reducing emissions rather than eliminating fossil fuels.
States also have the right to choose the methodology that suits their capabilities and interests, which is a realistic approach because each State has its own circumstances, and what works for one State may not work for another.
Driven by population growth, especially in the Middle East, Africa and Asia, the solution is not to stop using hydrocarbon resources and fighting oil, but through the application of carbon recycling strategies and techniques, thus providing a global approach to international policies in relation to all economies, including developing ones.
* Quoted from the Saudi newspaper "Mal".
Disclaimer: All published articles represent the opinion of their authors only.
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Content: OPEC producer Kuwait is lagging behind in projects to expand the use of renewable energy although it was one of the first Arab countries to comply with UN climate targets, a Kuwaiti newspaper reported on Monday.

Kuwait has announced its commitment to boost renewable energy use  to 1 percent of the total energy mix in 2015 and to 15 percent in 2030, the Arabic language daily Alanba said.

“The total renewable energy use is still far below targets, standing at only around 0.3 percent of the Emirate’s total electricity production,” the paper said, citing a government report.

“Although the International Renewable Energy Agency paid tributes to Kuwait in 2010 for being one of the first countries to endorse the Agency’s creation, measures taken by Kuwait in the renewable energy sector has remained very slow.”

The report said Kuwait’s Electricity Ministry must “give more attention” to renewable energy projects to increase reliance on solar power, noting that one of the region’s largest solar power projects have been very slow.

The report was referring to Shagaya solar power station, which has not been fully completed although it was launched more than 10 years ago.

Shagaya plant, built on 84 square kilometres in the desert location of Al-Shagaya, is approximately 100 km west of the capital Kuwait City and comprises multiple renewable technologies as well as interconnection and site infrastructure.

In February 2019, Kuwait started commercial operations at a 50-megawatt plant, marking the completion of first phase of the project.

(Writing by Nadim Kawach, Editing by Anoop Menon)

(anoop.menon@lseg.com)

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Content: Olena Pavlenko, DiXi Group: The Cabinet of Ministers should announce a clear plan to increase electricity prices for two or three years
For full EU membership, Ukraine must move towards the European Green Deal.
This is quite difficult for a country whose economy is built on fossil fuel consumption and is in a state of war.
Whether the authorities will be able to return to the implementation of European regulation rules and mitigate the increase in tariffs for the population, how to liberalize the gas market so that it does not become a shock to society, and how to make effective sanctions against Russian energy, says the president of the analytical center DiXi Group Elena Pavlenko.
Green Transformation and Decentralization of Ukrainian Energy Sector
Last year, in the report of the European Commission on the expansion of the EU, Ukraine received a double in the sector of environment and climate change.
What is the reason for failure?
I think that assessment was too low.
We have made quite ambitious international commitments in the field of climate: joined the European Green Deal immediately after its proclamation; joined the Global Methane Pledge, Powering Past Coal Alliance, Naftogaz joined OGMP 2.0.
To keep pace with the EU in the field of environment and climate, you need to run twice as fast as the EU countries.
In Europe, we began to deal with environmental issues in the early 90s, when we were at this time deciding how to survive at all.
Also, our economy was built on the active use of fossil resources, we extracted them ourselves, did not really think about saving them.
And today, radically changing this approach will be very difficult.
DiXi Group, together with other experts, is involved in the development of the draft National Energy and Climate Plan until 2030, under the coordination of the Ministry of Economy.
This is one of the strategic documents that should harmonize the state energy and climate policy in order to restructure our economy in the direction of the "green" requirements of the EU.
We very much expect that the document will be able to unite not only our ministries and departments, but also business, communities, the government – all of them.
Thus, achieving Ukraine ’ s climate goals will be much easier.
Ukrainian business generally wants to go the course of "green transformation"?
Large Ukrainian businesses, such as steel companies, have always been in negotiations with the government to get the lowest price for electricity.
The industry explained: we pay less electricity, but we sell more, pay a lot of taxes and employ a lot of people in industrial regions.
Sometimes civilized negotiations, sometimes blackmail in the form of rallies and public pressure was present.
In the context of European integration, liberalization of markets, increased competition and control of the state aid process, this approach will not work.
In addition to the fact that we have domestic policy, we have external pressure from the EU, CBAM issues, trade issues between Ukraine and the EU.
Businesses wishing to trade with the EU will have to adapt not only to what the Ukrainian government requires, but also to the requirements of the European Union.
And the control over our state aid policy will also be strengthened.
At the same time, it would be wrong to leave our business alone with such problems.
Our government also needs to think about how to help the Ukrainian industry, if we plan to rely on it during the economic recovery.
In this, one can look at the practices and government policies of the EU member states.
After massive strikes on the power grid in early 2023, the government announced the creation of decentralized generation.
What has already been done?
— There are some initiatives to start decentralized generation in communities and cities, although they are not mass.
We recently spoke with individual experts who help to implement such an idea in the city of Dolina, Ivano-Frankivsk region.
In addition, I think that the implementation of practical projects for the decentralized generation will soon be thought of by those cities and communities that once developed and approved their own sustainable development strategies or decarbonization plans.
By the way, we are helping ten communities make such plans.
This will encourage decentralized generation.
The war has taught us to think about the resources available on the ground and help keep the light and warmth in your community.
About the electricity and gas market
Experts have repeatedly noted the need for liberalization of pricing in the electricity market.
Now PSO operates at prices for the population, as well as price caps on the electricity market for business.
Will the authorities go for it?
The energy sector needs money.
They are either business or people.
If you force business to pay more, it will still return with higher prices for goods for the population.
Raising tariffs is a politically very painful decision, but there is hardly any other alternative.
Of course, this cannot be done suddenly, people must prepare for the fact that they will have to pay more.
This means that the government must announce a clear plan: tariffs will increase for the next two or three years, with a certain frequency and with a specific percentage increase.
This will help everyone to consider what additional costs may be for the family budget.
If we do not give consumers a choice in the form of market prices, and set them a regulated tariff, then we must give consumers another choice – how to reduce consumption and not pay more in conditions of higher tariffs.
This means massive, very affordable, simple energy efficiency programs and a very active public awareness program.
I also wonder why so little is said about energy efficiency in schools – after all, our children need to understand the importance of saving energy, new technologies, if we want the next generation to think effectively in the same way as the EU countries.
Will the abolition of PSO cause an increase in social tension?
To what extent is the Ukrainian electricity market protected from abuse by large players?
A good example of this is the launch of the gas market.
In April-May 2015, when the government liberalized the gas market for the population, the price increased by 4-6 times.
At the same time, the subsidy program was improved, but the real choice of suppliers appeared only in mid-2020, when the decline in prices for business “leveled ” both market segments.
When prices began to rise again, the protests of the population began.
Then the government had to return to regulated prices.
It became clear that simply letting go of prices is not enough, it is necessary to create conditions for competition.
The same risks can be with the electricity market, if we just let everything go at one time.
Due to the structure of the market, there may be problems with competition, and again it will be necessary to return to manual methods of management.
We need to prepare for market liberalization – and this preparation can be done now.
Due to the energy crisis in the EU and a full-scale war, the government introduced a number of regulations, as a result of which the gas market was actually in the hands of Naftogaz.
Is it not time to at least partially cancel the "state of emergency" in the gas market?
When gas prices in Europe reached $2,000, Putin laughed at the EU, showing that short-term contracts and the European market could easily be put on the shovels by disrupting regular supplies.
He wanted to go back to long-term contracts.
His ridicule from this time can be found in the public space.
The Europeans realized their mistake – the problem is not the market, but the heavy reliance on Russian gas, which Russia manipulated.
In response, the European Union began to look for a way to reduce dependence on Russia in the conditions of the market and thus stop the rapid increase in gas prices.
The decisions were additional sources of gas supplies - for example, the United States, as well as the formation of a strategic reserve.
Ukraine also has every opportunity to act according to this scheme: its own gas storage facilities and its own gas, as well as the opportunity to create competition in the market.
We also need to protect vulnerable consumers.
We have been talking about this since the adoption of the law on the gas market – the government should formulate who are so vulnerable to energy consumers, and what kind of protection or assistance they will receive.
At present, private production cannot sell gas for export.
Will private investors survive?
Any government regulating the extractive sector must make a political decision that the country needs more: more money to the budget through taxes or an increase in the volume of gas produced (then the funds instead of taxes will go to the exploration and development of new fields).
At the same time, you will not get both – it will be like in the anecdote about a cow that needs to be milked more and fed less.
Now there are some initiatives to increase the rent on gas and oil production.
It is up to the government what decision to make, but it should be taken into account that in this case, in the long term, we are unlikely to see an increase in gas production.
At the same time, the government very much wants to completely switch to the consumption of its own gas, which implies at least the preservation of production volumes, as a maximum - their further growth.
As long as this position is inconsistent, you will have to choose.
There is an urgent question of strengthening the independence of the energy market regulator.
Will the authorities be able to give up manual control?
— The independence of the National Energy and Utilities Regulatory Commission is a personal pain and excitement of our team at DiXi Group.
We were with those who started working on the draft law together with the people ’ s deputies of previous convocations and the Energy Community.
But then the Constitutional Court decided that such a thing as an independent regulator should not exist at all.
This is in direct contravention of European law.
So the only solution is to adopt appropriate amendments to the Constitution and allow the activities of independent regulators.
We should do this after the war – but nothing prevents us from starting preparations for such changes now, and a ready and agreed text as soon as possible.
Sanctions against Russia
It has been more than a year since sanctions against Russian oil and oil products began to work.
There is a lot of talk that sanctions don ’ t work.
How can you assess their effectiveness?
Sanctions are working, but not as well as we would like.
Revenues of the Russian Federation from oil and gas last year decreased by a quarter and amounted to about $100 billion.
This is a lot, but you can achieve even more, because there are “holes ” in the sanctions.
For example, sanctions do not prevent European traders from trading Russian LNG, and the EU – to be in the TOP-5 importers of Russian LNG, pipeline gas and crude oil.
Sanctions do not prevent European traders from trading Russian liquefied gas, and the EU is in the TOP-5 importers of Russian gas and oil.
I constantly read that the Russian economy turned out to be more stable than expected.
But do not forget that the publication of statistics there is also under strict censorship.
I have defined the “red line ” for myself – the Russian National Welfare Fund.
If we destroy it, I think the Russian economy will come to an end very soon.
How can the impact of oil and gas sanctions be maximized?
- We need to work on expanding sanctions on Russian LNG.
I also think that our diplomacy needs to work more with fluctuating countries.
Perhaps we will not take China or India to our side (although it is very necessary), but if Turkey or Armenia begin to systematically close the “holes ” to circumvent sanctions and support Ukraine, it would be much easier for all of us.
You have repeatedly advocated the imposition of sanctions against the Russian nuclear industry.
How realistic is this in view of the fact that the United States is buying Russian uranium, the leadership of the IAEA is a Russian, and European countries such as Slovakia are still cooperating with Rosatom?
46% of the global market is Russian enriched uranium.
It is practically a monopoly, it is a significant share in the market.
And that stops many countries.
They believe that in the case of expanding sanctions on nuclear energy, Russia may stop supplies.
But Russia can stop supplies without sanctions, just as it was with gas for the EU (In 2021, Russia limited the flow of gas through the Ukrainian GTS, trying to force the EU to certify Nord Stream 2.
This has led to a significant increase in the cost of gas in Europe).
Therefore, in fact, the Russian monopoly can not be a deterrent.
There are a significant number of European companies that continue to work with Rosatom, simply because it is possible to work.
At the same time, the Russians use nuclear energy as a weapon - the occupation and actions of Rosatom at ZNPP prove this.
And last week there were rumors that Russia was trying to use nuclear weapons to attack satellites.
Because we're waiting, I don't really understand.
Olena Pavlenko is the president of the DiXi Group analytical center, candidate of political sciences, founder of the Ukrainian Energy website.
He has been working in the energy sector for more than 10 years.
Deputy Chairman of the Multilateral Stakeholders Group for the Implementation of the Extractive Industries Ntransparency Initiative (EITI) in Ukraine, Member of the Global EITI Board (2023-2026), Member of the PWYP (Publish What You Pay) Steering Committee representing Eurasia.

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Content: People 's Network > > International
Global energy transition faces "North-South divide" (global hot spot)
This reporter Lin Zihan
April 20, 2023 08: 31 | Source: People's Daily Overseas Edition
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In Dea Town, North Cape Province, South Africa, China Longyuan Power Group South Africa Company operated the Dea wind turbine project.
Photo by Xinhua News Agency reporter Lu Natural
According to a new report by the UN Department of Economic and Social Affairs, the energy crisis triggered by the Ukraine crisis has stimulated investment in the global energy transition, but there is a significant gap between the amount of investment in developed and developing countries, and most developing countries lack the resources to invest.
Experts pointed out that at present, the international community urgently needs to strengthen energy cooperation, effectively help the majority of developing countries break through the bottleneck of energy transformation, and promote the realization of global sustainable development goals.
The “bad pace ” is obvious.
Recent reports issued by a number of international agencies show that the global energy transition is starting to “accelerate. ”
In the Sustainable Development Financing Report 2023, the United Nations Department of Economic and Social Affairs statistics, global energy investment in 2022 soared to a record $1.1 trillion, surpassing fossil fuel investment for the first time.
The "Renewable Energy in 2022" report released by the International Energy Agency this year also expects that driven by the energy crisis, the installation of renewable energy equipment in various countries will accelerate significantly, and the global installed capacity increase in the next five years is expected to be nearly double the increase in the previous five years.
In addition, according to the "2023 Global Electricity Review" report released by the British energy think tank Ember, in 2022, clean electricity (renewable energy and nuclear power generation) accounted for 39% of the global electricity structure, a record high.
Among them, the proportion of wind and solar power generation increased from 10% in 2021 to 12% in 2022, and it is expected to continue to grow in the future.
However, while the global energy transition continues to develop, there is a clear “pace gap ” between North and South countries.
According to the World Energy Investment Report 2022 released by the International Energy Agency (IEA), developing countries have two-thirds of the world ’ s population, but their investment in clean energy accounts for only one-fifth of the world ’ s total.
Clean energy spending in developing countries other than China remains at the level it was when the Paris Agreement was signed in 2015.
The Wall Street Journal reports that nearly 60% of the world ’ s best solar resources are in Africa, but the continent ’ s current solar output is only one-tenth that of the United States.
At present, there are about 9,000 coal power plants in the world, of which three-quarters are located in developing countries.
Experts say this is not because they don ’ t care about the environment, but because coal is the best option they can afford.
There are no other stable and cheap alternative sources of energy for these countries.
In the next 10 years or more, some developing countries will still be inseparable from coal.
Cui Shoujun, a professor at the School of International Relations of Renmin University of China and vice president of the School of International Organizations, told this reporter that at present, there is still a significant "North-South gap" in the world in energy investment and financing and energy technology development.
In terms of energy investment, last year, due to the impact of the Ukrainian crisis on the global energy landscape, many countries have reduced their dependence on fossil energy and increased investment in renewable energy.
Among them, developed countries and emerging market countries with relatively high capital adequacy have comparative advantages in the energy transition, while developing countries, especially small island countries, least developed countries and African countries, have made slow progress.
In the development of energy technology, developed countries have not only strengthened policy guidance on energy-related emerging technologies, but also accelerated the research and development of emerging technologies in these countries, and the technological gap between the "South" and the developed countries has continued to widen in the absence of financial drivers and technical assistance.
The imbalance in development between developed and developing countries poses a great challenge to the global response to climate change and the achievement of sustainable development goals.
Multi-factor impact
Many analysts pointed out that the lack of "start-up funds" for energy transformation in developing countries is one of the important causes of the "North-South divide".
Research released by the World Bank in February this year shows that some developing countries are trapped in the "energy poverty trap" of "the more poverty, the more difficult to develop": they can not afford the high costs of the early stage of the clean energy transition, and they are difficult to obtain financing, forced to rely on fossil fuels, bear the huge price fluctuations of fossil fuels, and pay high long-term costs, and fall into the vicious cycle of energy structure is difficult to upgrade.
Aid from developed countries has increased the gap in energy financing for developing countries.
Since the Copenhagen Climate Change Conference in 2009, developed countries have failed to deliver on their commitment to provide $100 billion a year in climate finance to developing countries.
Developed countries in Europe have pledged to double their financial support for climate projects in poorer African countries by 2025.
External shocks have further pushed up the cost of energy transition in developing countries.
According to the report, climate change, the Ukraine crisis, COVID-19 and debt risk have put enormous financial pressure on most developing countries, limiting their ability to invest in sustainable development. In 2020 and 2021, developed countries spent US $12,200 per capita on post-epidemic recovery, 30 times more than developing countries and 610 times more than the least developed countries.
In March this year, UN Secretary-General António Guterres said at the UN Summit on the Least Developed Countries that the international financial system, designed and led by developed countries, has greatly worsened the plight of developing countries.
The United Nations Conference on Trade and Development (UNCTAD) warned in an updated version of its Trade and Development Report that "as the global economy slows amid heightened financial turmoil, developing countries are facing years of economic difficulties, which are adversely affecting their public investment."
As Cui Shoujun analysis pointed out, the "North-South divide" in the global energy transition process is increasingly significant, for at least three reasons: First, for low-income developing countries, economic growth objectively has the problem of insufficient endogenous momentum, and policies and strategies in promoting energy transition may tend to be more conservative, resulting in insufficient investment.
Second, the combination of geopolitical recovery, COVID-19 and the Russian-Ukrainian conflict has made some developed countries more inclined to safeguard their national interests and pay more attention to enhancing their own investment in high-tech and energy investment, rather than providing more public goods to the international community and promoting North-South cooperation.
Third, the Federal Reserve and other leaders have taken the lead in raising interest rates, resulting in a large number of developing countries facing a sharp rise in financing and debt service costs, and further tending to face energy transition investment with a conservative attitude.
In addition, the "North-South divide" also continues to hinder the global energy transition process. Lin Boqiang, director of the China Energy Policy Research Institute of Xiamen University, told this reporter that due to different stages of development, income levels and affordability, northern and southern countries have long held different views on climate and energy transition policies, historical emission responsibilities and compensation, and carbon emission rights.
On the one hand, developing countries believe that in addition to focusing on emission reduction, they have other priorities compared to developed countries, such as public health, poverty reduction and economic growth.
On the other hand, developed countries believe that the current situation should be based on the pursuit of energy structural transformation, while urging developing countries to accelerate climate-friendly development.
Cooperative response required
According to the 2022 Adaptation Gap Report by the United Nations Environment Programme (UNEP), as global climate change intensifies, vulnerable countries urgently need more assistance to enhance their energy transition capabilities.
However, the current financing is "too little and too slow", and the flow of funds to developing countries is 5-10 times lower than estimated demand and the gap is widening.
It is estimated that between $160 billion and $340 billion will be needed annually by 2030 and between $315 billion and $565 billion by 2050.
But the current spending is less than 1 / 10 of the total.
According to the World Energy Transition Outlook 2023 report released by the International Renewable Energy Agency, investment in the energy transition is still concentrated in a few countries and only in a few technologies. In 2022, global renewable energy investment is 0.5 trillion US dollars, and in order to achieve the 1.5 ° C temperature target, parties need to invest more than three times that amount every year.
The report recommends that developed countries and multilateral financial institutions should increase financial support for the energy transition in developing countries.
Only by concentrating efforts to solve the bottlenecks in the transformation of the vast number of developing countries and unleashing their huge market potential can the goal of global sustainable development be realized at an early date.
“The impacts of carbon emissions are everywhere, and carbon emissions can be transferred.
An effective climate change response must therefore be global.
"Countries should encourage trade globalization to support low-carbon globalization, and jointly help developing countries to improve industrial technology and energy efficiency, and promote the global green and low-carbon transition," said Lin Boqiang.
"To bridge the 'North-South divide' and promote the energy transition, the international community should strengthen North-South consultation and cooperation under the framework of multilateral cooperation such as the United Nations and the G20," Cui said.
The BRICS countries have a strong economic foundation and at the same time have the will and actions to promote the energy transition.
In addition, the BRICS countries have established the BRICS National Bank Cooperation Mechanism, with special funds to promote investment and financing related to sustainable development, which is expected to play a greater role in global energy governance and South-South cooperation.
Cui said that the mechanism of South-South cooperation is crucial to help reduce global imbalances in development.
In recent years, the Chinese government's approach has won wide recognition. "China has actively carried out international energy cooperation, providing assistance, transferring technology and sharing experience to developing countries, and injecting positive energy into the global energy transition."
In the future, countries should continue to pool efforts to narrow the gap between the North and the South, bridge the development gap, promote inclusive development, and accelerate the implementation of the United Nations 2030 Agenda for Sustainable Development, Cui said.
(Editor: Liu Jieyan, Xu Xiangli)
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Content: UAE to boost investments in clean and renewable energy by 2050
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The UAE is keeping pace with the growing demand for energy by boosting its investments in renewable and clean energy sources and building several new green power plants to meet the country ’ s needs in sustainable ways and provide clean and affordable energy. Demand is growing rapidly due to population growth and economic expansion, as well as climate considerations, with investments in renewable energy, fossil fuels, infrastructure, electricity and energy efficiency expected to reach $95 trillion by 2050.
In order to meet demand in a sustainable manner, the UAE is focusing on renewable energy sources, which will reduce the environmental impacts that traditional sources of energy may produce. According to the UAE Energy Strategy 2050 update project, the country aims to triple the contribution of renewable energy to 19.8 GW, increase the contribution of clean energy to 30% of the total energy mix, and increase the contribution of clean energy generation to 32% by 2030.
According to the International Center for Strategic Analysis, the UAE is continuing its journey to transition to clean and renewable energy in accordance with international commitments and in line with the objectives of the historic UAE agreement reached at COP28.
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Content: Our readers are Telegram users
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An international conference was held at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh during the period 4-9 February, with the participation of hundreds of experts and those interested in energy economics from different countries of the world, on the occasion of the 44th Annual International Conference of the International Federation of Energy Economists.
The conference in Riyadh is the first of its kind in the Middle East and North Africa, and was co-organized by the Saudi Energy Economics Association.
The theme of the conference, “The Road to Clean, Stable and Sustainable Future Energy, ” included attention to the current energy phase with its hydrocarbon dominance, and the energy transition towards zero emissions with the emergence of a hybrid energy basket by the middle of the century, the focus of discussions and research.
The experts discussed energy finance and investments, development, energy and climate change, the relationship between energy, water, food and minerals, technology and energy variables, the challenges and opportunities of the electricity sector, the security of energy demand, the challenges of marine energy production in the Arab countries, the green economy and its impact on sustainable development in Saudi Arabia compared to other experiences, hydrogen and the future: solar pricing systems for the residential sector, and the role of hydrocarbon fuels.
The conference opened with a plenary session in which energy writer Dan Yergen, author of the Pulitzer Prize-winning book “The Prize ” on the history of the global oil industry, and Saudi Arabia ’ s Energy Minister, Prince Abdulaziz bin Salman.
The dialogue was characterized by questions from Yergen to be answered by Prince Abdulaziz.
The questions included the possibility of Saudi Arabia in the face of the global campaign to reduce oil consumption, Prince Abdul Aziz replied that Saudi Arabia is facing this challenge in all seriousness.
In addition to its responsibility to stabilize oil prices, several projects are currently under way, such as the carbon capture and storage industry to neutralize emissions, as well as projects to produce hydrogen and sustainable (solar) energies, rationalize consumption and plan for the construction of nuclear reactors.
He added that Saudi Arabia qualifies its natural and human resources and resources to continue to play a major global energy role in the future.
Prince Abdulaziz also repeated his doubts about the road map that had been drawn for the world to shift to zero emissions, and answered that despite skepticism about the road map, Saudi Arabia would be ready by 2060 to switch to zero emissions.
The Saudi energy minister noted that the policy and decisions of the OPEC + group stem from the studies and research available to the countries of the group on the supply and demand of the markets and not from political decisions.
The goal is to stabilize prices and markets for crude oil.
India and several OPEC countries have announced that they will be able to neutralize emissions by 2070, given the many demands of an energy transition.
The International Federation of Energy Economists has awarded its annual award to the most important energy economist of the year; Dr. Adnan Shihab-Eldin, Arab energy expert from Kuwait.
An important group of Arab, Saudi and Saudi experts, as well as other Arab energy experts, participated in the lectures of the scientific committees, and the Saudi female element dominated a number of sessions, including the industry of the economy and carbon storage.
The broad participation of Saudi women academics from Saudi Aramco, the King Abdullah Center for Petroleum Studies and Research, and other Saudi energy institutions from the public and private sectors drew the attention of the two conferences.
The King Abdullah Center for Petroleum Studies and Research played a major role in the successful organization and management of the conference.
Markaz brings together renowned energy experts from multiple countries. Saudi men and women are part of the vast pool of Saudi expertise in the field of energy, represented by the largest international oil company, Saudi Aramco, not to mention the Ministry of Energy, companies and departments specialized in environment and sustainable energies. industry in the country, dealing flexibly with the process of energy transformation.
The conference, which was held at the King Abdullah Center Conference Building, designed by Zaha Hadid, was an opportunity to work and enjoy its modern architecture.

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Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
Saudi Arabia reveals plans to use domestic uranium for nuclear power
Saudi Energy Minister Prince Abdulaziz bin Salman said on Wednesday that in addition to green hydrogen, the kingdom has alternative renewable and clean energy sources.
The Saudi energy minister, in his speech at the International Mining Conference 2023 in Riyadh on Wednesday, said that the Kingdom has launched nuclear energy projects, which are the first of their kind and the least source of carbon emissions in the world.
Audi plans to use locally sourced uranium to build its nuclear power industry, he said.
He said recent exploration showed there was a diverse portfolio of uranium in the kingdom, the world ’ s largest oil exporter.
Saudi Arabia wants to use nuclear power to diversify its energy mix.
Prince Abdulaziz bin Salman said the kingdom intends to use its national uranium resources, including in joint projects with willing partners in accordance with international obligations and transparency standards.
"This will cover the entire nuclear fuel cycle, which includes the production of yellowcake, low-enriched uranium and the manufacture of nuclear fuel for our national use and, of course, for export."
The UAE has the first multi-unit nuclear power plant in the Arab world, and the UAE has committed not to enrich uranium itself and not to reprocess spent fuel.

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Content: Global News
The World Today - A pivotal and promising role for the countries of the region in the transition to renewable energy
You are now following the news of a pivotal and promising role waiting for the countries of the region in the transition to renewable energy from the news section of the world and now we leave you with full details
MARCH 3, 2023 02: 16 AM - The Middle East and North Africa (MENA) region has always played a pivotal role in the oil and gas markets, but this role will not stop if the world decides to move to low-emission sources of energy.
According to APRICORP, renewable energy investments are expected to account for 34 percent of electricity investment in the Middle East and North Africa between 2022 and 2026.
According to McKinsey & Company, the Middle East and North Africa receives 22 to 26 percent of the solar radiation energy on Earth, due to its geographical location.
Solar energy is not the only thing that distinguishes the region, as countries in this region are likely to be the source of 10 to 20 percent of the global hydrogen market by 2050, according to Roland Berger.
Hydrogen is likely to generate annual revenues of $120 billion to $200 billion by 2050, and many countries in the region have already started projects to transport and export hydrogen to energy-consuming countries.
The region has about 10 percent of global carbon capture and storage capabilities.
Despite the many challenges that countries in the region must face in this regard, the Middle East and North Africa (MENA) region has the potential to play a pivotal role in the global energy transition.
The most prominent question about green finance comes in this promising region.
Nael Amin, senior director of financial services at Arthur D. Little, said on this week ’ s episode of Dot Gulf ’ s World of Energy program that green finance in the Middle East and North Africa, including green bonds, had reached $3.8 billion in 2020.
This amount, according to Amin, has grown significantly during the year 2022, specifically in 4 countries, Turkey, the Arab Emirates, Egypt and Saudi Arabia, due to the development in the region and increased investments in this sector, as well as providing some important requirements in this sector.
Amin explained that besides financing, the region is witnessing progress in many areas in terms of dealing with environmental factors, which is an attractive factor for investors.
Over the past two years, banks have significantly increased their legislation in this area, as each of the Gulf countries has implemented the necessary standards and requirements to support the business environment in the field of green energy.
There are challenges, according to Amin, the most prominent of which is the data challenge, as he pointed out that banks are approaching the activities of customers to know the necessary data on funded projects, for example, in the case of financing the construction of a building, you must know the amount of energy that will be consumed by this building.
The Gulf States are working and collaborating with each other to understand the framework that must be adopted to develop infrastructure in the field of renewable energy and promote sustainability, which will positively impact and support green investment in general in the region.
We hope that we have succeeded in conveying the full details of a pivotal and promising role that awaits the countries of the region in the transition to renewable energy.
In God ’ s care and protection.
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Content: Sunday, 29 Safar 1444 Hijri, corresponding to 25 September 2022 AD
Saudi Arabia launches five new projects to produce electricity using renewable energy
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The Saudi Power Purchase Company (SPPC), the main buyer, announced the launch of five new projects to compete for the production of electricity using renewable energy, as part of the fourth phase of the National Renewable Energy Program (NREP), which is supervised by the Ministry of Energy.
These projects, with a total capacity of 3,300 MW, include three projects to exploit wind energy and two projects to exploit solar energy, and the total production capacity of wind energy projects in this phase is 1800 MW, distributed among a project in Yanbu with a capacity of 700 MW, a project in Al-Ghat with a capacity of 600 MW, and a project in Waad Al-Shamal with a capacity of 500 MW.
While the production capacity of solar energy projects is 1500 MW, distributed among a project in Hanakiya with a capacity of 1100 MW, and a project in Tabarjal with a capacity of 400 MW.
These projects are part of the National Renewable Energy Program, as part of the Kingdom ’ s objectives to reach the optimal energy mix for the production of electricity in the Kingdom from renewable energy sources and the use of gas for 50% each and the displacement of liquid fuel used to produce electricity by 2030, achieving the objectives of the Vision.

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Content: Al-Mazrouei: « Cooperation » expands with renewable energy
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HE Suhail Al Mazrouei, Minister of Energy, said yesterday that the GCC countries are making more efforts in the field of investment and spending more money in expanding the renewable energy system than any other country.
At the Climate Week in Riyadh, he called for innovative solutions to accelerate the pace of climate action, noting that oil-producing countries have a key role in the transition to clean energy.
HE the Minister of Energy called for the need to strengthen the link between the countries of the world in the transmission of energy, pointing out that we are lucky in the Gulf because we have invested in the network that connects us.
He explained that exaggerating the electrical needs due to the absence of connectivity between countries hurts the environment, because you need more resources, and extracting these resources will harm the environment, and thus; the production of these materials without providing a link between these countries will be something that causes damage to the environment.
He added that the GCC countries are making more efforts in investment, and companies such as ACWA Power and Masdar provide excellent examples in this regard.
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Content: Minister of Energy: We have a localization program and support small enterprises..
We don't want them to fail.
Saudi Arabia ’ s energy sector is working to reduce carbon emissions in the Middle East
Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz Al Saud
Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz Al Saud said that the Kingdom ’ s energy sector is working to reduce carbon emissions in the Middle East, and is not looking for support, but for collaborative work to find technologies that facilitate things.
Prince Abdulaziz added, “We have a Tawteen program and we provide support to small and medium enterprises, where we do not want them to fail and get them out of the field.
The Minister of Energy made the remarks during the Global Entrepreneurship Conference (GEC), which was launched today at the King Abdulaziz International Convention Center and the Ritz-Carlton Hotel in Riyadh, organized by the General Authority for Small and Medium Enterprises (Monshaat), in cooperation with the Global Entrepreneurship Network (GEN) under the slogan "Re-innovate - Renew".
The conference comes under the patronage of His Highness Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Chairman of the Council of Economic and Development Affairs.
The conference, which will run until Wednesday, March 30, 2022, with entrepreneurs, investors, experts and decision-makers from 180 countries, will discuss a number of topics aimed at building a unified global ecosystem for entrepreneurship, helping entrepreneurs sustain and expand their businesses around the world, and learning about new global trends for entrepreneurial work in the post-pandemic era, during more than 100 rich panel discussions with more than 150 speakers.
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Content: People 's Network > > International
Gulf countries accelerate development of hydrogen industry
Our reporter Guan Kejiang
January 3, 2024 09: 35 | Source: People's Daily Overseas Edition
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The UAE National Oil Company and the Dubai Electricity and Water Authority have recently cooperated to open the Middle East ’ s first green hydrogen fuel station “Future Service Station ” in Dubai Expo City.
Saif Farasi, CEO of the UAE National Oil Company, said at the unveiling ceremony that the hydrogen industry will play a key role in Dubai ’ s move towards a green economy.
The UAE government recently officially released its national hydrogen energy strategy, which aims to make the country's green hydrogen production capacity reach 500,000 tons per year and blue hydrogen production capacity reach 400,000 tons per year by 2031.
At present, Gulf countries such as the United Arab Emirates, Saudi Arabia and Oman have introduced policy measures to accelerate the cultivation of hydrogen energy industry and explore ways to achieve the goals of energy transformation and climate change.
Abu Dhabi National Petroleum Corporation recently announced the commissioning of a high-speed hydrogen refueling test station in Masdar City, the first high-speed green hydrogen refueling test station in the region to integrate hydrogen refueling. On November 28, 2023, Veritas (Fujian) Automotive Co., Ltd. partnered with the Integrated Transportation Center of the Ministry of Municipality and Transport of Abu Dhabi to deliver the country ’ s first hydrogen bus for the UAE. Hydrogen will play an important role in the global energy transition.
The National Hydrogen Strategy will help the UAE achieve its 2050 net zero emissions target and accelerate the development of the hydrogen economy.
Saudi Arabia's "Vision 2030" proposes to achieve an annual production of 4 million tons of hydrogen by 2030.
According to the plan, Saudi Arabia will invest 1 trillion Saudi riyals (1 Saudi riyals about 1.89 yuan) to produce clean energy and produce green steel, green aluminum and other products at competitive prices.
According to the Gulf Times, Saudi Arabia will also invest 8.4 billion U.S. dollars to build a large green hydrogen manufacturing plant in the Red Sea city of New Future.
When the plant is completed in 2026, it is expected to produce more than 600 tons of green hydrogen per day. In October 2023, the first hydrogen passenger train opened by Saudi Railways in cooperation with France ’ s Alstom was put into trial operation in Riyadh, the capital of Saudi Arabia, which is the first time hydrogen train technology has entered the Middle East and Africa.
Oman also has an ambitious hydrogen development plan. In 2022, Oman set the goal of achieving net zero emissions by 2050, and will develop hydrogen energy as an important way to achieve carbon neutrality. It plans to produce at least 1 million tons of hydrogen per year by 2030 and 8.5 million tons by 2050. In October, Oman announced that it will establish a pilot project for green hydrogen refueling stations in the Dukum Special Economic Zone, including the production of renewable energy and green hydrogen from solar and wind energy, the construction of hydrogen refueling stations, and the operation of vehicles powered by green hydrogen fuel.
According to a report released by the International Energy Agency, Oman is expected to become one of the world ’ s largest exporters of green hydrogen by 2030.
In an interview with this reporter, Xiao Jinyu, vice president of the Economic and Technological Research Institute of the Global Energy Internet Development Cooperation Organization, said that the Gulf countries have unique advantages in the development of hydrogen energy. Industrial development, green hydrogen or hydrogen derivatives to Europe, East Asia and other energy centers have advantages.
Xiao Jinyu said that while giving full play to resource endowments, Gulf countries will promote the coordinated development of industrial chains such as clean energy power generation, electric hydrogen production and green chemical industry, realize the green and low-carbon transformation of the energy industry, maintain its global energy center position, and promote diversified economic development.
(Intern Yan dream to participate in the writing)
(Editor: Jia Wenting, Cui Yue)
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Saudi Arabia, the region's largest oil producer, has emerged as a leader in this transformation through its Vision 2030 initiative, which aims to diversify the economy and reduce dependence on petroleum revenues.

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Content: She said America should benefit from vision projects.
The Washington Times: Mohammed bin Salman is a true warrior
Thursday 23 February 2023 12: 47 PM
Translated by: God ’ s Spirit
America must acknowledge the success of the Saudi vision economically and socially, and strongly, immediately and unequivocally support the ideas of the Saudi leadership.
Demonstrating Washington ’ s full support for the kingdom and its leadership can serve as a counterweight to the threats posed by the Moscow-Tehran axis to global security, and Washington can begin this process by recognizing all the real revolutionary changes taking place in the kingdom in all economic, cultural, and social fields.
The International Monetary Fund reported that the Kingdom is one of the fastest growing economies in 2022 and estimated to reach a GDP of more than $1 trillion within a few short years, adding: therefore, embracing and supporting the Saudi vision and recognizing its strength and success will be in America ’ s commercial as well as national security interest.
The ambitious and pragmatic Saudi vision is embodied in the Kingdom becoming a global economic power, and the pillars of Vision 2030 are clear, first: continuing to play the role of the axis of stability as the most important source of energy in the world, second: diversifying the economy away from dependence on the oil and gas industry, third: becoming a global leader in pragmatic solutions to climate change, fourth: investing in small and medium enterprises, fifth: empowering women to take their rightful place in development To strengthen the Kingdom ’ s position as a tourism destination, and to provide citizens with the means to thrive in the dynamic and innovation-driven global economy of the 21st century.
Huge potential for Saudi Arabia
For example, when it comes to the kingdom ’ s role as the world ’ s most important oil exporter, the Saudi leadership knows that linking the kingdom ’ s budget to global oil price fluctuations can negatively affect its citizens.
This means a national effort to help Saudi SMEs integrate into the global economy, thus creating thousands of jobs for Saudi youth.
Anyone who has plunged into the Red Sea or spent a night staring at the flashing stars while lying in the Empty Quarter can attest to the immense potential of this beautiful country as a tourist destination.
Adding to this is the Kingdom ’ s desire to become a global hub for innovative technologies in the areas of artificial intelligence and renewable energy, for example, batteries that will power electric cars, smartphones and consumer electronics, these two sectors alone are valued at more than $2 trillion by 2030 and provide a huge opportunity for US companies to establish a hub in the Kingdom.
Mohammed bin Salman is a true climate fighter.
Unlike John Kerry, Mohammed bin Salman is a true climate fighter because he has set his sights on the most practical way to achieve climate change goals in terms of planting trees that capture carbon from the atmosphere. Trees, it also improves the health outcomes of these young populations.
It is imperative that President Biden and House Speaker Kevin McCarthy invite Crown Prince Mohammed bin Salman to Washington, and by extending a hand of friendship to him they will not only open a new chapter in Saudi-American relations, but also enhance U.S. national security in the process.

This report examines Saudi Arabia's renewable energy transition, highlighting key projects, solar capacity development, government incentives, and the broader implications for the local economy and climate goals.

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Content: Saudi Arabia is among the top 15 economies in the world.
Minister of Energy: Going in the right direction to achieve this goal
He said that the Kingdom shares the interest of the world and the G20 in developing policies to address the effects of climate change.
Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz
Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, expressed his pride in the great progress achieved by the Kingdom ’ s economy within the framework of the Group of 20 (G20), where its ranking among the countries of the Group has advanced from (18th) to (16th) in terms of GDP. He pointed out that the Kingdom is keen to strengthen its participation in the G20 summit and activate it.
On the occasion of the Kingdom ’ s participation in the G20 summit in India, the Minister said: “The summit is being held this year under the chairmanship of the friendly Republic of India under the slogan (One Land, One Family, One Future), and the activities of the working groups of the summit, including the two working groups related to energy and climate, in which the Ministry of Energy participates. ”
In the context of the Group ’ s remarkable progress in discussing energy transition paths, the Kingdom believes that G20 countries should be open to all approaches and solutions that push for a fair and orderly transition, taking into account that these approaches and solutions vary from country to country and region to region according to levels of development, availability of technical expertise, development of technologies, and diversity of energy sources, including natural resources.
The Minister of Energy stressed that the Kingdom has sought to be an active member of many international organizations and initiatives, such as the Innovation Mission, the Clean Energy Ministerial, the Zero Neutrality Forum for Producers, the Global Methane Initiative, the initiative to reduce gas flaring associated with oil production by 2030, the Global Methane Pledge, and the Carbon Separation and Storage Pioneer Forum.
Prince Abdulaziz bin Salman said that the topics of access to energy and clean fuels come within the framework of the theme of the 18th G20 meeting, stressing that the Kingdom sees the importance of strengthening the Group ’ s efforts to eliminate “energy poverty ” and facilitate access to energy and clean cooking systems using all affordable, reliable and most sustainable energy sources, regardless of the source.
During its presidency of the G20 in 2020, the Kingdom proposed and adopted the circular carbon economy approach adopted by the G20 leaders in their meetings, stressing that it is the most effective and practical approach in enabling the world in general and the G20 in particular to achieve the long-term goals that include zero neutrality, access to energy, and global economic growth and prosperity.
He pointed out that one of the most prominent efforts of the Kingdom in the framework of energy transformations and facing climate change and enhancing the quality of life are the initiatives of "Saudi Green" and "Green Middle East", launched by His Highness the Crown Prince in 2021, and received by the world, including the G20, with a great welcome; because they reflect positive and ambitious trends to protect the environment and preserve its components, and support the world's efforts to face climate change.
He pointed out that the Kingdom shares the interest of the world and the G20 in developing ways and policies to face the effects of climate change, reduce its negative effects on humans and communities, and develop plans and strategies to reduce the emission of greenhouse gases, stressing that the Kingdom's clear and declared position in this regard is to focus on emissions without sources within the framework of the implementation of the Paris Agreement.
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Content: 'We are on track for net zero': Report reveals how exponential growth is putting power system on track for global climate goals

• 6 min read

Major new report from RMI suggests surging solar, wind, and battery capacity is now in line with global net zero scenarios

Clean energy deployment is exceeding expectations to such an extent that the global power system is rapidly moving into line with a net zero decarbonisation trajectory.

That is the headline conclusion of a major new analysis today from the RMI think tank, which details how surging solar, wind, and battery markets are now on track to be in line with ambitious net zero scenarios by 2030.

The report, which was backed by the Bezos Earth Fund, calculates that based on the near exponential increase in deployment rates for wind and solar technologies seen in recent years, the two main renewable generation technologies are on course to supply over a third of power globally by 2030, up from around 12 per cent currently. As such, fossil fuel demand from the global power system has likely already peaked and should be in "freefall" by the end of the decade.

The report comes just a day after the International Energy Agency (IEA) published a separate update detailing how clean energy technologies have continued to make "remarkable gains" over the past year, with electric vehicle (EV) sales increasing nearly 10-fold over the past five years to more than 10 million, annual renewables installations soaring to a record 340GW, and global clean energy investment climbing 15 per cent to a record $1.6tr.

Separately, a new report yesterday from Bloomberg Intelligence predicted global wind energy installations are set to jump more than 20 per cent this year to around 110GW and that double digit growth rates are set to be sustained through to 2026.

RMI's analysis suggests that based on current trends the world is on track to deliver on the goal agreed at last year's COP27 Climate Summit to treble global renewables capacity by 2030, with solar and wind generation set to increase up to four-fold compared to 2022 levels.

It calculates that under such a scenario fossil fuel demand for electricity "will be in steep decline" by 2030, down by as much as 30 per cent from a 2022 peak by the end of the decade.

The report stresses that the surge in renewables deployment is driven in large part by the cost advantages now enjoyed by wind and solar power in almost every major market globally, citing analysis from BloombergNEF that shows how solar and battery costs have declined 80 per cent between 2012 and 2022, while offshore wind costs are down 73 per cent, and onshore wind costs are down 57 per cent.

Renewables developers have been hit by higher material costs in recent years, but RMI insists the continued exponential growth of the sector is set to enable further cost savings as the decade proceeds. The report forecasts that solar power - which is already the cheapest form of electricity in history - will roughly halve in price again by 2030, falling as low as $20/MWh from over $40MWh currently.

"Exponential growth of clean energy is an unstoppable force that will put more spending power in the pockets of consumers," said Kingsmill Bond, senior principal at RMI. "The benefit of rapid renewable deployment is greater energy security and independence, plus long-term energy price deflation because this is a manufactured technology - the more you install the cheaper it gets."

The report also highlights how the clean energy revolution is rapidly extending beyond the three main markets of China, the EU, and US.

A separate analysis published today by Systems Change Lab explored renewables deployment in a variety of different markets - Uruguay, Denmark, Lithuania, Namibia, Netherlands, Palestine, Jordan, and Chile - and concluded that rapid increases in renewables capacity are achievable in a wide range of different economic and political contexts.

The report noted that globally wind and solar's share of the power mix needs to increase by 29 percentage points by 2030 to be in line with net zero goals - an increase already achieved over an eight-year period by Denmark, Uruguay, and Lithuania. Meanwhile, Namibia, the Netherlands, Palestine, Jordan, and Chile have all achieved the requisite annual deployment rate over a five-year period.

Andrew Steer, president and CEO of the Bezos Earth Fund, said it was clear the exponential roll out of clean technologies could benefit industrialised and developing economies alike. "The exponential growth trend in renewable electricity can be harnessed to help developing countries get ahead of the curve and transition faster to a cleaner and more affordable electricity system," he said.

RMI's projections are more optimistic than those from other analysts, but speaking to reporters yesterday Bond argued more conservative forecasts tended to be based on historic performance and failed to account for how renewables were moving onto an 'S curve' deployment model that has disrupted multiple sectors in the past. The report also highlights how plummeting renewables cost should help trigger similarly rapid deployment of green transport and industrial technologies.

"The 'S curve' pattern is actually very common for technologies," he said, citing the example of mobile networks and information technologies in recent decades, as well as canals and railways in the 19th century. "What we are seeing is that change in the power sector is exponential, the conditions for that exponential change are still in place, and that means deployment will be fast and faster," he said. "We are on track for net zero."

However, Bond also acknowledged that potential barriers to deployment remained, such as planning and grid constraints and concerns over clean tech raw material supplies. He insisted such barriers were surmountable, but required action from businesses, investors, and governments to ensure they are addressed before they start to impact renewables deployment rates.

Christiana Figueres, former executive secretary at the UNFCCC and founding partner of Global Optimism, urged political and business leaders to now "seize the opportunity of accelerating the energy transition".

"The call to triple renewable electricity investment and capacity by 2030 are deliverable," she said. "But only by removing barriers to faster renewable deployment, from streamlining permitting to redirecting subsidies for polluting energy. Otherwise, the exponential growth we are seeing and the benefits that come with it could be derailed unnecessarily."

It was a point reiterated by yesterday's update from the IEA, which stressed that despite record levels of clean tech deployment last year urgent action was still needed to accelerate renewables and EV adoption outside of core markets and deliver cost competitive clean technologies for industry and long-distance transport.

"The clean energy economy is rapidly taking shape, but even faster progress is needed in most areas to meet international energy and climate goals," said IEA executive director Fatih Birol. "This update of Tracking Clean Energy Progress highlights some very promising developments, underlining both the need and the potential for greater action globally. The extraordinary growth of key technologies like solar and electric cars shows what is possible."

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Title:

Content: New technologies to achieve sustainability goals and address climate change
Science and Technology
Huawei
Copy Link https: / / en.rt.com / u0x4
Existing renewable energy initiatives in the Middle East are strengthening their role in supporting international efforts to address climate change.
In particular, the region is one of the largest contributors to the oil and gas sector globally, and at the same time is the cradle of a number of major and ambitious initiatives and projects aimed at enhancing the reliance on clean energy.
In the UAE, the Mohammed bin Rashid Al Maktoum Solar Park is the world ’ s largest IPP solar site, and the Al Dhafra Solar PV Plant is being built as the world ’ s largest solar power plant with a capacity of 2 GW.
Masdar City is the most sustainable urban community in the world.
ADFD is committed to funding innovative projects to accelerate access to sustainable energy as part of a joint initiative with the International Renewable Energy Agency (IRENA).
In Saudi Arabia, Neom recently launched The Line, the world ’ s first car-free, carbon-free city with 100% renewable energy.
King Abdullah University of Science and Technology (KAUST) leads green energy projects designed to manage the recycling of grey water for reuse for plant irrigation and other purposes, and also has large area photovoltaic panels that produce clean electricity.
In Egypt, hydropower is the second source of energy after thermal, wind and solar, and the country has developed a number of future projects that seek to exploit solar energy and replace non-renewable energy.
Other green projects in Egypt include the cities of Jebel Galala and El Alamein.
The Bahrain World Trade Centre is one of the world ’ s leading examples of sustainable architecture, taking the lead in being the first skyscraper in the world to introduce wind turbines to provide total energy consumption.
Morocco, famous for its huge and world-leading solar arrays, has made a big name for itself as a leader in the fight against climate change, renewable energy makes up nearly two-fifths of the country ’ s electricity, and the country implements some of the world ’ s largest clean energy projects.
Since 2012, Jordan has turned to solar power to generate electricity and government policies have pushed citizens and investors to turn to renewable energy to reduce carbon dioxide emissions, by offering financial facilities to investors and reducing the electricity bill.
Sustainability initiatives in the Arab countries contribute effectively to building a diversified digital economy that achieves the national visions of these countries, and the green economy initiative launched by the UAE, and the Saudi Green Initiative is a good example of this.
Today, the ICT sector is increasingly playing a role in achieving sustainability through new technologies such as 5G, cloud computing and artificial intelligence that will play a key role in implementing clean energy initiatives as they enhance productivity, improve efficiency, reduce costs and waste, evaluate business systems, analyze waste, track problems and develop solutions.
The International Telecommunication Union (ITU) says ICT will contribute to achieving the UN ’ s Sustainable Development Goals and improving the quality of life.
According to the United Nations, ICT can be relied upon in two ways: reliance on clean information and communication technology, and clean energy generation based on information and communication technology.
In the first scenario, ICT solutions that contribute to environmental safety and carbon reduction are designed.
In the second scenario, ICT solutions such as those in grids, buildings, smart logistics and industrial processes help promote sustainability and energy efficiency.
The sustainability efforts of tech companies have been recognized globally, Huawei is an example of companies that have adjusted their business in line with sustainability goals, and recently received an award from the International Mobile Phone Association for their contributions to achieving the United Nations Sustainable Development Goals through mobile devices.
The company aims to rely on innovative technologies to drive clean development across various sectors and industries, and in 2021 it used more than 300 million kWh of electricity produced from renewable sources, an increase of 42.3% compared to 2020.
Huawei ’ s digital power solutions have generated 482.9 billion kilowatt-hours of clean energy and reduced electricity consumption by 14.2 billion kilowatt-hours, equivalent to 230 million tons of carbon emissions.
In parallel with efforts to promote a sustainable approach to technology, the ICT industry must not lose sight of the issue of enhanced security.
Technology providers should focus on protecting user privacy when working to provide modern, seamless technology and communications.
Certainly, we will not be able to grow the business and ensure its sustainability if we do not provide safe and reliable technologies to protect cybersecurity, which is a shared responsibility of all stakeholders involved in sustainability.
The current digital divide could isolate millions of people around the world from contributing to the development of a clean economy.
Tech companies can contribute to making technology accessible to all thanks to their technical capabilities and resources.
Through initiatives such as TECH4ALL, Huawei has relied on digital technologies to implement programs aimed at enhancing the leadership capabilities of more than 110,000 people in 2021.
The digital divide in global talent could undermine sustainability efforts, so greater emphasis should be placed on redressing it and priority should be given to strengthening collaboration between tech companies, academia and government institutions in order to bridge the digital skills gap.
By investing in programs to prepare local technical cadres, hone skills and enhance practical experience, more bridges of cooperation between the public and private sectors can be built to prepare the future generation of sustainability leaders with the help of technology.
Huawei has established 163 ICT academies in the Middle East.
More than 3,500 students participated in the Seeds for the Global Future program, while more than 37,000 students received Huawei certifications.
The company has also provided training to more than 120,000 ICT talents in the region who are expected to contribute to the advancement of sustainability in the countries of the region by making the most of technology.
In light of the increasing challenges of reducing carbon emissions facing various countries around the world, we all have a responsibility to strengthen cooperation and work together to build a sustainable and prosperous future for future generations.
By: Ammar Taba, Huawei Vice President for Public Relations and Media in the Middle East
Agree.
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Title:

Content: The cabinet of German Chancellor Olaf Scholz has approved a series of measures to simplify the permitting of wind and solar plants to speed up renewables deployment.

The package, which particularly simplifies species protection rules, puts into practice an EU emergency ordinance passed in December to accelerate permitting and the build-up of new green power projects – in an effort to replace Russian energy imports and reach ambitious climate targets.

“The federal government has launched a wind expansion accelerator like we have never had before,” German economics and climate minister Robert Habeck said of the measures, which also cover heat pumps.

## Saudi Arabia's Energy Transition Framework

### Vision 2030: The Catalyst for Change

Launched on April 25, 2016, Saudi Arabia's Vision 2030 represents a comprehensive economic transformation strategy.

The initiative was designed to prepare the Kingdom for a post-oil world while maintaining its position among the world's strongest economies.

Title:

Content: Egypt Forum for International Cooperation explores mechanisms to prepare labor market for transition to green transformation
During the workshop "A labor market ready for the transition to a green economy"
Islam Azzam
6: 55 PM, Friday, 9 Sep 22
Government officials in various countries and international organizations called during the Egyptian Forum for International Cooperation for the need to provide alternative to workers who will lose their jobs due to the transition to a green economy, in conjunction with the importance of the participation of the private sector as a pivotal partner in addressing climate change issues.
Explore opportunities and policies for economic skills development
During the workshop, they stressed the importance of facing the challenges that prevent a fair transition to green transformation and the importance of taking the necessary measures to rehabilitate those who lost their jobs to be able to move to other jobs.
$2.4 trillion in economic losses by 2030
Climate change is expected to overshadow the labor market, especially those working in sectors that are most vulnerable to extreme weather events such as agriculture and construction, where the ILO predicts that 80 million people will lose their jobs and $2.4 trillion in economic losses by 2030.
The shift to a green economy and clean energy measures will create 18 million jobs by 2030.
Barbara Chrissy, South Africa ’ s environment and forestry minister, said South Africa was among the top 20 carbon emitters, as Jude Kerry had previously pointed out.
I think this contribution is about 2%, ” she said, adding that South Africa has a number of industries under threat under green transformation programs such as cement and the automotive industry.
South Africa has lost nearly 80,000 jobs due to a shift from the coal industry.
Last year, President Cyril Ramaphosa formed a presidential committee representing businesses, government and civil society, which concluded that green transformation not only affects the government but requires the concerted efforts of society as a whole.
During the Egypt Forum for International Cooperation, the South African Minister of Environment and Forestry raised the question of how to retrain existing workers in sectors affected by green transformation in new skills so that they can participate in this transformation in the future.
“We recognize that there are sectors and communities that will not be able to access employment opportunities and therefore social support for these people was discussed, ” she said, noting that there must be government arrangements to ensure that those communities affected by the green transition are retrained in new skills and programs to support them and provide the necessary funding.
The need to pay attention to the level of awareness and work to increase it
Esther Lessing Futabong, director of NEPAD ’ s innovation and planning program, said one important thing was the level of awareness and that the public was not familiar with the term green jobs.
She called for increased communication and awareness and not to stop working after the end of the forum, to convey the concept of green transformation for ordinary street men and youth.
She stressed the need for young people to receive adequate wages to lead a decent life, as well as the processes of upgrading and identifying skills, for which young people need to be trained to obtain green jobs.
Rehabilitation of economies on the African continent
“Economies on the African continent should be rehabilitated and more emphasis should be placed on supporting small and medium enterprises, ” she said, explaining that unemployment is an important factor and a challenge for politicians and economists alike, so the challenges posed by climate change must be addressed while focusing on how green transformation affects societies and how it can contribute to the creation of new jobs for young people.
She noted the importance of believing in the need to identify practical ways to create jobs in the areas of food, energy and water.
For example...
Why not create training opportunities for young people to enter the solar panel industry market.
She called for highlighting the need to increase cooperation between ministries and create a functional database that includes the new skills needed to integrate into the green transformation.
She stressed the need to pay attention to technical education, information sharing and encouraging partnerships with the private sector in the areas of green transformation.
Modern technology and youth empowerment
Barbara Rambusk, Director of Gender Equality and Economic Inclusion at the European Bank for Reconstruction and Development (EBRD), said that when talking about a green economy, we should talk about reducing the use of fossil fuels with modern technology, as well as enabling young people to work and create jobs through a green economy.
“There is also a need to focus more on industry and tourism and to increase the role of the private sector, ” she said, adding that the EBRD is seeking partnerships with the private sector and launching many investments.
Rambusk acknowledged that there are challenges for business owners to transition to a green economy that need to be discussed and addressed, creating jobs for young people and supporting skills.
“Egypt has a good initiative launched under the name of the NOFI National Platform, which is one of the initiatives concerned with reducing energy consumption, raising citizens ’ awareness, providing training grants, supporting skills and increasing opportunities, ” she said.
She stressed the participation of the private sector in the green transformation programs as a pivotal partner, as the needs of the community should be identified and young people trained on the requirements of the labor market, “we need human capital. ”
According to Rambusk, the private sector is the engine of progress towards addressing climate challenges.
She called on policy makers to cooperate with employers and discuss ways of education and vocational training needed to support capabilities and turn jobs into green jobs, and encourage young people to adapt and think about those jobs.
Southern African countries have problems, a patchwork of challenges.
For his part, Ambassador Ahmed Abdel Latif, Director of the Cairo International Center for Dispute Resolution, said that he will start his speech from South Africa ’ s experience of green transformation, with the focus on the issues suffered by southern African countries, where these countries suffer from political conflicts.
Abdullatif said it was different for her, with a mixture of different conflicts and problems, including floods, population displacement and an increase in the number of refugees.
The South African crisis is also about resilience to climate change, so institutions should be created to address such climate challenges.
Agriculture in southern Africa is the largest sector, and a large proportion of the people of these countries have no access to energy, and these are some of the minor problems facing these countries.
Agriculture is particularly important in Africa, where it is helping to green, according to Abdullatif. One of the things that has been overlooked in the discussions is the coronavirus crisis, which has radically changed the world and led to many unexpected changes and challenges.
Building public-private partnerships
Amy Pope, Deputy Director General for Management and Reform, IOM, said the partnership between the public, private and civil society sectors is very important to achieve the target.
One of the issues to be discussed was the number of workers in the informal sectors.
“Look at Egypt, for example, where 95 percent of workers are in informal jobs, so they are not in the private sector, ” she said.
Migration could be a tool for development, helping to transfer skills and build capacity to African communities and was a good and important tool for development.
She asked Pope to explore how to build partnerships and access to manpower in different regions of Africa.
There were societies that lacked skilled labour and required training opportunities for young people to equip them with the skills required in those societies to help them find employment.
She called for the need to develop a comprehensive strategy that would provide solutions for all communities affected by the green transition.
Skills Transfer Programs to Overcome Challenges
Vivek Pathad, director and global head of climate action at the International Finance Corporation (IFC), said we need to think about the changes taking place in the world, especially in the energy sector.
"We have already lost a large number of jobs as a result of climate change."
He pointed out during the Egypt Forum for International Cooperation that the digital revolution has created many jobs, but the green transformation through which we seek to reach zero emissions by 2050 has so far caused the loss of many jobs.
He said that the green economy will create new green jobs but will cause the loss of other jobs, so care should be taken of those who are vulnerable to losing their jobs and provide them with tools and social initiatives.
Thinking should be given to transforming their skills, such as training engineers in green building design, for example. Young people could also be trained in new green jobs and encouraged to move to work in those sectors.
The activities of the second edition of the Egypt Forum for International Cooperation and Development Finance (Egypt-ICF2022) and the meeting of African Ministers of Finance, Economy and Environment were launched in the New Administrative Capital under the patronage of President Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, and organized by the Ministry of International Cooperation in partnership with the Ministries of Foreign Affairs, Finance and Environment.

A key component of this vision has been the diversification