EY launches MENA’s first Climate Change Readiness Index to support regional decarbonization efforts

  • Date: 24-Jan-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Egypt
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EY launches MENA’s first Climate Change Readiness Index to support regional decarbonization efforts

- The Index provides scorecards for the GCC countries, Egypt, and Jordan that can help governments, investors, and citizens to evaluate climate change readiness

- The Index ranks the UAE highly in adaptation and mitigation measures and highlights its standout efforts to combat climate change in the region

Dubai, UAE – EY has announced the launch of its Middle East and North Africa (MENA) Climate Change Readiness Index (CCRI), a pioneering tool designed to help countries in the region assess and improve their resilience to the impacts of climate change.

The Index measures the readiness of the six members of the GCC as well as Egypt and Jordan across several areas such as the effectiveness of their adaptation and mitigation strategies and their ability to finance and implement these strategies. It provides scorecards that can assist governments, investors, and citizens in tracking the performance of the included countries compared to global benchmarks on 37 quantitative and qualitative indicators of climate change readiness. The Index also offers a comprehensive overview of the regional and global context in which these countries operate, including the economic, political, and social factors that can influence their outcomes.

The EY MENA CCRI highlights the UAE’s remarkable efforts in combating climate