Strategy& β Arabian Gambit
Summary
The UAE's hosting of COP28 has sparked criticism from some environmental groups and politicians doubting the sincerity of oil and gas producers in addressing climate challenges.
The Gulf Cooperation Council is strategically positioned to play a positive role in climate issues, with hydrocarbon producers having the resources and expertise needed for realistic climate solutions. The book "Arabian Gambit" challenges the narrative that Gulf countries will suffer in the transition to sustainable energy, presenting the region's perspective on the energy transition. Authors Elborai and Anouti discuss how Gulf countries can maintain their leadership in the global energy system through innovative strategies such as establishing a clean energy grid, leading in clean hydrogen production, and redefining their roles in manufacturing and agriculture. The book proposes an Arabian Green Charter to guide these efforts, highlighting the region's unique advantages in addressing the energy trilemma of security, affordability, and sustainability. The authors suggest that the transition to net zero could be a turning point for Arabian Gulf countries, promoting equitable climate responsibility and practical measures towards achieving global net-zero emissions. The book is recommended for business leaders and policymakers seeking a deeper understanding of the region's potential in the global energy transition.
Region:
Middle East
Published:
March 2024
Author(s):
Strategy&
Language:
English