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Climate change to hit development in the global south

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INTERNATIONAL

In a scenario in which it becomes increasingly evident that carbon neutrality will not be reached by 2050, governments may switch the focus of spending from the energy transition…

The Gulf will take on the energy transition challenge

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GULF STATES

The zero-carbon fuel, promoted as a way to assist a global energy transition away from oil and gas, is the focus of major planned projects in Oman and Saudi Arabia. Meanwhile…

Ukraine war threatens European climate goals

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EUROPE

The situation presents a major opportunity to accelerate Europe’s clean energy transition, if the EU can prioritise the roll-out of energy efficiency measures and low-carbon…

Global clean energy transition will be slow

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INTERNATIONAL

Carbon reduction strategies.

Prospects for MENA green energy transition to 2030

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PROSPECTS 2030

High oil and gas prices have incentivised Middle Eastern and North African (MENA) hydrocarbon importers to accelerate their renewables build-outs, while exporters have deployed…

States of the wider Gulf vary over energy transition

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MIDDLE EAST

Despite strong climate rhetoric by some, the pragmatic focus is on maximising medium-term oil and gas output

Abu Dhabi will boost oil output for energy transition

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UNITED ARAB EMIRATES

This is part of a wider strategy to capture more value from hydrocarbons resources, launched after a major corporate restructuring following the 2015 oil price crash. The publicly…

NEOM is a key part of Saudi Arabia’s green rebranding

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SAUDI ARABIA

NEOM is a futuristic smart urban centre and tourism hub in north-western Saudi Arabia. The official rhetoric associated with the launch of NEOM emphasises the project’s…

Economic goals of Dubai and Abu Dhabi will diverge

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UNITED ARAB EMIRATES

Despite its promotion of an innovation ecosystem to attract start-ups, Abu Dhabi has overall made little progress in addressing the impact of the clean-energy transition on…

Green bond issuance will gradually grow in the Gulf

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GULF STATES

Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…