The National
Middle East's focus on clean energy will be key
Another panellist, Jenny Davis-Peccoud, a partner at management consultancy Bain and Company, said the most appropriate ways to achieve climate goals varied between regions.
So, in the Middle East, investment in renewables may be more effective than in nature-based solutions such as afforestation, which would likely be of greater value in, for example, Canada. She described clean energy was "a massive growth platform" for the Middle East.
"Given where the Middle East is situated, it can actually be a provider of these kinds of technologies and energy, both to Europe as well as to Asia. In terms of a growth platform, it’s very exciting," she said.
"There’s definitely not enough investment yet … the Middle East has started investment in renewables, and major projects are coming online, but actually, in terms of where the Middle East is now compared to investment globally, it’s still a small percentage and it really needs to accelerate."
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