Qatar institution and governance scores ‘highest’ within GCC, Mena to manage water-related challenges: Moody’s

Qatar institution and governance scores ‘highest’ within GCC, Mena to manage water-related challenges: Moody’s

Qatar has one of the highest institutional and governance scores within the Gulf and wider Middle East and North Africa regions to manage water-related challenges, according to Moody's. PICTURE: Shaji Kayamkulam







Qatar has one of the highest institutional and governance scores within the Gulf and wider Middle East and North Africa (Mena) regions to manage water-related challenges, even as the Gulf Co-operation Council (GCC) needs "significant" additional investments for water infrastructure, according to Moody's, a global credit rating agency.In general, sovereigns with stronger institutions and governance frameworks and those with larger fiscal resources (lower debt levels and substantial government financial assets) will be better prepared to mitigate the effects of water stress, manage water scarcity, and adapt to the longer-term impact of climate change and global warming on freshwater availability, Moody's said in its latest