EY launches Mena’s first Climate Change Readiness Index

  • Date: 26-Jan-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Egypt
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EY launches Mena’s first Climate Change Readiness Index

EY has launched 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.

Comprehensive overview

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 change, including pursuing a pathway to net zero emissions by 2050 as the first country in the region. It also ranks the nation highly on indicators such as government policy, societal and private sector readiness, policy landscape and achievements.

Prior to that in 2013, the UAE opened a $600 million concentrated solar power (CSP)

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