MENA region could accelerate GDP to 7.2% by 2050 via serious climate action approach

  • Date: 03-Dec-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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MENA region could accelerate GDP to 7.2% by 2050 via serious climate action approach



Peter Rademaker, International Labour Organisation (ILO) Deputy Regional Director for the Arab States, has confirmed that the Middle East and North Africa (MENA) region could create 10 million new jobs and accelerate GDP to 7.2% by 2050 via taking a serious approach to climate action.

In a statement to the Emirates News Agency (WAM) on the sidelines of COP28, Rademaker said that the trend towards new energy has helped to create 13.7 million jobs in the renewable energy sector worldwide.

He revealed that the report "Social and Employment Impacts of Carbon Removal and Green Industrial Growth: Scenarios for the MENA Region" will be launched today during COP28. He explained that the report is the first of its kind conducted by the ILO and the Islamic Development Bank on the MENA region.

The ILO Deputy Regional Director for Arab States stressed the need for countries to follow enhanced energy policies, link climate to development policies and investment.

He confirmed that the ILO is participating in COP28 to ensure that climate change efforts include all people worldwide, to ensure their commitment to addressing this phenomenon, and to monitor the consequences of its impact on jobs in many regions, including MENA.

He added,