Green finance in the Middle East: A $2 trillion opportunity

Green finance in the Middle East: A $2 trillion opportunity

Governments and businesses in the GCC are focusing on environmental sustainability, but so far the financial sector has not kept pace. Developing the right structure and mechanisms for green finance can help unlock a huge opportunity for the region: $2 trillion in economic growth and more than 1 million jobs by 2030. Moreover, green finance, which looks at the environmental impact of investments along with purely financial returns, can accelerate the region's goals of economic diversification and job creation, and, if structured correctly, it can attract foreign investment.