Green finance is among the most important enablers that would boost innovation and increase the adoption of green solutions and practices across different industrial sectors. Green finance, which has grown by leaps and bounds in recent years, provides public well-being and social equity while reducing environmental risks and improving ecological integrity. Middle East is making good progress towards green growth and low-carbon economy. “The latest regional trends highlight the need for green financing mechanisms to support transition to green economy”, said Ruba Al-Zu’bi, a well-known sustainability expert. “While green may be the obvious feasible and sustainable approach, access to finance makes … Continue reading →
Arab world is facing major sustainability challenges in achieving social, economic and environmental goals. Hydrogen economy can help Arab governments, companies, and citizens to save billions of dollars each year from reduced energy bills and sustainable waste management, while at the same time reducing carbon footprints – a win-win solution. Extremely arid climate, acute water scarcity, high energy consumption and polluting oil and gas industry present a unique challenge in Arab countries. Almost one-fifth of the Arab population is dependent on non-commercial fuels for different energy uses. All sectors of the economy — residential, commercial, transport, service and agriculture — demands … Continue reading →
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