CLIMATE: MENA’s Green Transition: Unlocking Economic Opportunities to Drive Climate Action

CLIMATE: MENA´S Green Transition
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18th October 2023

MENA’s Green Transition: Unlocking Economic Opportunities to Drive Climate Action

New World Economic Forum report charters green pathway to a more prosperous and sustainable Middle East and North Africa. With the region warming at twice the global rate, concerted public-private sector collaboration and pragmatic policy-making are crucial to ensure its liveability tomorrow. Bold regional climate action could unlock economic growth, high-quality job creation and global leadership in new technologies.  Follow the Annual Meeting of the Global Future Councils 2023 here and on social media using #GFC23

Dubai, United Arab Emirates, 18 October 2023: The livelihoods of over half a billion people in the Middle East and North Africa (MENA) are under threat, as current projections indicate a 4C increase by 2050. A new World Economic Forum report, Closing the Climate Action Gap: Accelerating Decarbonization and the Energy Transition in MENA, highlights the key sustainability challenges in the region and provides a blueprint for bold decarbonization actions that could fuel new economic opportunities.

The report’s findings indicate how local leaders could simultaneously counter these projections while fostering greater economic diversification and high-quality jobs. This would spur on the regional momentum for holistic climate action, as illustrated by the back-to-back hosting of COP27 in Egypt and COP28 in the UAE, and position MENA as a global leader in sustainable technologies for years. Learn More…/