Gulf can defy doubters and lead way to net zero – MEED

Gulf can defy doubters and lead way to net zero – MEED

Tackling climate change represents an important opportunity for the Gulf economies as they build their economic futures on diversification, efficiency and connectivity, says economist Jarmo Kotilaine

Climate change is reshaping political discourse around the world and shifting the priorities of institutional investors. This, in turn, is spurring businesses to prioritise the climate agenda.

The issue is of particular significance to the Gulf. The region is characterised by an extreme climate and multiple vulnerabilities in the face of climate change. Its status as a leading hydrocarbons producer means the evolving climate is acutely relevant.