“Climate Finance Gap in the MENA”, Keynote Speech at Emirates Environmental Group’s Forum, 24 Feb 2023

1 March, 2023
read < 1 minute

Dr. Nasser Saidi was invited as a keynote speaker to a forum called “Bridging the Climate Finance Gap” organised by the Emirates Environmental Group (EEG), held in Dubai on 24th February 2023.

Dr. Nasser Saidi, Chairman of Clean Energy Business Council, the Honorary Member of Emirates Environmental Group, delivered the keynote address. Saidi called for climate and net-zero emission commitments to be enshrined in constitutions, making them more difficult to disregard. He stressed the enormous financial needs of countries to address climate change and estimated that Arab countries require US$570 billion by 2030, while only US$34 billion has been allocated to public international climate finance in this region, which is a mere 6 percent of what countries say they need. Saidi highlighted the enormity of the gap that needs to be filled and the urgency to take action.

More details about the event is available at https://www.wam.ae/en/details/1395303134035

Read Next


Weekly Insights 25 Jul 2024: GCC are adjusting to lower oil revenues

Dubai GDP & inflation. Saudi foreign trade. Kuwait 2023-24 fiscal deficit. GCC US Treasury holdings.

25 July, 2024


Weekly Economic Commentary – Jul 22, 2024

Download a PDF copy of the weekly economic commentary here.   Markets Major equities

22 July, 2024


Weekly Insights 19 Jul 2024: MENA growth projections lowered by the IMF; GCC’s non-oil sector growth will stay robust

IMF growth downgrades. UAE monetary stats. Abu Dhabi GDP. Saudi consumer & wholesale price indices.

19 July, 2024