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Political shifts will not slow green economy momentum

Political shifts will not slow green economy momentum

Political shifts will not slow green economy momentum
Significant investments in renewable energy are shaping the green economy worldwide. (Shutterstock)
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The relationship between climate policy and economic priorities continues to shape the future of sustainability in a world striving to address global warming.

Recent major global political shifts will alter climate policies and affect actions undertaken by governments, but they won’t stop the long-term momentum of the green economy juggernaut.

It is, however, essential to understand how these changes in policy will impact sustainable development and international climate initiatives.

In recent years, climate policy has taken various approaches to balance traditional energy sectors with renewable energy investments.

Policy shifts like those expected from the next Donald Trump administration could expand fossil fuel extraction and reduce support for renewables for short-term gains.

This could dampen investments in clean energy and complicate progress toward national and international climate goals. 

A sharp and most likely short term change in policy like this highlights the need for resilient strategies to maintain forward momentum in renewable energy adoption and sustainable practices.

In the US, changes to climate policies could initially cause delays or even the suspension of renewable energy projects, accompanied by a shift in focus toward fossil fuels.

Moreover, subsidies and incentives for the green sector might be redirected, delaying critical advancements in the green economy. Increased reliance on fossil fuels could hinder emissions reduction goals and the economic case for transitioning to renewables.

The hope for a thriving green economy may face challenges during periods of economic uncertainty, particularly for companies dependent on government funding for green projects.

Any reduction in government support could erode investor confidence, slowing the progress of renewable energy initiatives.

However, major liberal American states like California, along with the private sector, are likely to continue developing sustainable practices regardless of changes at federal level.

This distinction between federal challenges and state-led or market-driven green investments highlights the multifaceted nature of climate action in a large country like the US.

On the international stage, changes to key climate policies can create a ripple effect.

The future of the green economy hinges on managing energy transitions effectively, balancing short-term economic considerations with long-term environmental imperatives.

Majed Al-Qatari

For instance, the EU, with its ambitious Green Deal initiative and emissions trading schemes, remains committed to producing net-zero greenhouse gases by 2050. It has invested heavily in renewable energy sources and sustainable development frameworks, underscoring the importance of long-term climate goals. 

Any shifts away from clean energy by Europe’s global partners could create new dynamics in trade and climate cooperation. However, Europe’s resolve to lead in sustainability initiatives ensures that progress will continue — with or without alignment with the US.

In the Middle East, nations like ֱ have shown leadership in green initiatives through frameworks such as Vision 2030 and the Saudi Green Initiative.

These programs leverage the region’s high solar energy potential to achieve broader green economy objectives. And while international collaboration amplifies these efforts, regional leaders remain determined to advance sustainable development as part of economic diversification away from fossil fuels and to ensure climate resilience.

Although climate change policy is shaped within national contexts, it requires a global perspective and collaborative effort to bring about the changes required to slow global warming. Technological innovation and international partnerships remain essential in driving sustainability.

Participation in frameworks like the Paris Agreement highlights the need for unified action to address a challenge that transcends borders and political cycles.

Globally, significant investments in renewable energy are shaping the green economy.

Emerging markets in Europe, Asia and the Middle East are establishing themselves as leaders in clean-energy technologies, creating competition as well as collaboration opportunities.

These developments emphasize the resilience of the green economy, which continues to evolve despite external challenges. And as environmental and economic interests become more interconnected, aligning policies with sustainability goals becomes increasingly crucial.

The future of the green economy hinges on managing energy transitions effectively, balancing short-term economic considerations with long-term environmental imperatives.

Despite potential challenges, the drive for innovation and international cooperation ensures that the green economy remains a central force for global progress. 

As nations and industries align their interests with sustainability, the world moves closer to addressing one of humanity’s most urgent challenges.

Majed Al-Qatari is a sustainability leader, ecological engineer and UN Youth Ambassador with experience in ESG and sustainability goals in business, nonprofits and financial institutions.

 

Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News' point of view

Qatar’s economy rises 2% on non-oil strength

Qatar’s economy rises 2% on non-oil strength
Updated 1 min 59 sec ago

Qatar’s economy rises 2% on non-oil strength

Qatar’s economy rises 2% on non-oil strength

JEDDAH: Qatar’s economy expanded by 1.9 percent in the second quarter of 2025, fueled by a 3.4 percent rise in non-hydrocarbon sectors, official data showed.
The National Planning Council reported on Sept. 21 that real gross domestic product reached 181.8 billion Qatari riyals ($49.9 billion) at constant prices, up from 178.5 billion riyals in the same period last year. Non-hydrocarbon activities accounted for 65.6 percent of real gross domestic product, with value added climbing to 119.3 billion riyals from 115.4 billion riyals a year earlier.
The growth underlines the effectiveness of Qatar’s economic diversification initiatives under the Third National Development Strategy and Vision 2030, reflecting wider trends across the Gulf region.
A World Bank report released in June projected GCC economic growth of 3.2 percent in 2025 and 4.5 percent in 2026. 
Within the non-hydrocarbon economy, the fastest-growing sectors in Q2 2025 included agriculture, forestry, and fishing (up 15.8 percent); accommodation and food services (13.4 percent); arts, entertainment, and recreation (8.9 percent); wholesale and retail trade (8.8 percent); and construction (8.7 percent).
These gains reflect ongoing investment in tourism, services, and specialized infrastructure, further boosting the private sector’s role in the economy.
“In total, 11 of 17 economic activities recorded positive real growth in Q2 2025, demonstrating the resilience of Qatar's economic base. Service-related sectors such as accommodation, food services, and entertainment continued to expand strongly, reflecting sustained momentum in tourism and domestic demand,” the official news agency reported.


Egyptians outraged after ancient pharaoh’s bracelet was stolen from Cairo museum and melted down

Egyptians outraged after ancient pharaoh’s bracelet was stolen from Cairo museum and melted down
Updated 7 min 13 sec ago

Egyptians outraged after ancient pharaoh’s bracelet was stolen from Cairo museum and melted down

Egyptians outraged after ancient pharaoh’s bracelet was stolen from Cairo museum and melted down
  • Egyptians have expressed outrage after a 3,000-year-old bracelet belonging to an ancient pharaoh was stolen from Cairo’s Egyptian Museum and melted down for gold
  • Tourism and Antiquities Minister Sherif Fathy said Saturday that the bracelet was stolen on September 9 while being prepared for an exhibit in Italy

CAIRO: Egyptians reacted with outrage this week after officials said that a 3,000-year-old bracelet that had belonged to an ancient pharaoh was stolen from Cairo’s famed Egyptian Museum and then melted down for gold.
Tourism and Antiquities Minister Sherif Fathy said in televised comments late Saturday that the bracelet was stolen on Sep. 9 while officials at the museum were preparing artifacts for an exhibit in Italy. He blamed “laxity” in implementing procedures at the facility and said that prosecutors were still investigating.
The bracelet, containing a lapis lazuli bead, belonged to Pharaoh Amenemope, who reigned about 3,000 years ago. Authorities said it was taken from a restoration lab at the museum and then funneled through a chain of dealers before being melted down. The minister said the lab didn’t have security cameras.
Four suspects have been arrested and questioned, including a restoration specialist at the museum, the Interior Ministry said.
According to the Interior Ministry, the restoration specialist who was arrested confessed to giving the bracelet to an acquaintance who owns a silver shop in Cairo’s Sayyeda Zainab district. It was later sold to the owner of a gold workshop for the equivalent of about $3,800. It was eventually sold for around $4,000 to a worker at another gold workshop, who melted the bracelet down to make other gold jewelry.
The suspects confessed to their crimes and the money was seized, the ministry said in a statement on Thursday.
The ministry also released security camera video showing a shop owner receiving a bracelet, weighing it, and then paying one of the suspects.
The loss of a treasure that had survived for three millennia was painful to many people in Egypt, where there is great esteem for the nation’s ancient heritage.
Some questioned security measures at the museum and called for tightening these measures around the country’s treasures.
Monica Hanna, a prominent Egyptian archaeologist, called for suspending oversees exhibits “until better control” is implemented to secure the artifacts. Hanna is the dean at the Arab Academy for Science, Technology & Maritime Transport, and campaigns for the return of Egyptian artifacts exhibited in museums overseas.
Malek Adly, an Egyptian human rights lawyer, called the theft “an alarm bell” for the government and said better security is needed for antiquities in exhibition halls and those in storage.
Amenemope ruled Egypt from Tanis in the Nile Delta during Egypt’s 21st Dynasty. The Tanis royal necropolis was discovered by the French archaeologist Pierre Montet in 1940, according to the Egyptian Museum.
The necropolis’ collection exhibits about 2,500 ancient artifacts, including golden funerary masks, silver coffins and golden jewels. The collection was restored in 2021 in cooperation with the Louvre Museum in Paris.
The theft reminded some of past cultural losses, including the brief disappearance of a Vincent van Gogh’s “Poppy Flowers” — then valued at $50 million — from another Cairo museum in 2010. That painting was recovered within hours.


French investment in ֱ surges 180% amid strengthened bilateral ties 

French investment in ֱ surges 180% amid strengthened bilateral ties 
Updated 8 min 48 sec ago

French investment in ֱ surges 180% amid strengthened bilateral ties 

French investment in ֱ surges 180% amid strengthened bilateral ties 

RIYADH: Saudi Investment Minister Khalid Al-Falih underscored the deepening strategic alignment between ֱ and France during his address at the French-Saudi Economic Roundtable in Paris.  

He highlighted the significant progress achieved in fostering bilateral economic cooperation, particularly in the realm of foreign direct investment. 

ֱ and France are strengthening economic ties, with non-oil trade surpassing SR20 billion ($5.33 billion) in 2024. The partnership was further reinforced during President Emmanuel Macron’s visit in December, when both sides endorsed a strategic partnership roadmap and signed a memorandum of understanding to establish a Strategic Partnership Council. 

On his official X account, Al-Falih wrote: “I delivered the opening speech at the French-Saudi Economic Roundtable in Paris, in which I spoke about the strategic alignment in visions and the achievements accomplished.” 

He added: “What confirms the strength of our investment relations is the 180 percent increase in the volume of French direct investments in ֱ over 5 years, reaching €16 billion ($18.79 billion).” 

The surge in French investment follows a flurry of deals and opportunities across multiple sectors. In June, Saudi and French entities outlined potential investments exceeding SR10 billion ($2.6 billion) in the aviation sector, including airport infrastructure, air navigation, ground support technology, workforce training, and digital solutions. 

During the Saudi-French Investment Forum in December, Al-Falih noted that bilateral trade exceeded €10 billion, with roughly €3 billion in French investment inflows in 2023, bringing total accumulated French FDI to around €17 billion.  

This growth reflects the success of ֱ’s Vision 2030 economic reforms, which have streamlined the investment environment and encouraged foreign firms to diversify into industrial, commercial, and service sectors.   

The collaboration between ֱ and France spans various sectors, including energy, infrastructure, and technology.  

Notably, during French President Emmanuel Macron's visit to Riyadh in December, TotalEnergies and EDF Renewables were awarded significant solar energy contracts, totaling 1.7 gigawatts in capacity. These projects are part of ֱ's ambitious goal to achieve 130 GW of renewable energy capacity by 2030. 


Pakistan eyeing $30-40 billion annual revenue through tourism— official

Pakistan eyeing $30-40 billion annual revenue through tourism— official
Updated 32 min 26 sec ago

Pakistan eyeing $30-40 billion annual revenue through tourism— official

Pakistan eyeing $30-40 billion annual revenue through tourism— official
  • Pakistan to host first “Tourism Road Expo” in November to showcase its attractions, cuisine and culture
  • Pakistan to provide more facilities to Sikh pilgrims, while Buddhist heritage sites will be restored, says official

ISLAMABAD: Pakistan’s government has the capacity to generate an annual revenue of $30-40 billion via tourism through its diverse landscape and various offerings, the Prime Minister’s Coordinator for Tourism Sardar Yasir Ilyas said on Sunday. 

Pakistan is home to some of the tallest mountains in the world, picturesque valleys, historical monuments built by ancient civilizations and religious sites that attract thousands of tourists every year. 

However, surging militancy and poor infrastructure have hampered Islamabad’s attempts to tap into its tourism potential and generate revenue enough to boost its economy. 

In an exclusive interview with the state-run Associated Press of Pakistan (APP), Ilyas said Pakistan will host its first international “Tourism Road Expo” in November to showcase the country’s local attractions, traditional cuisine and cultural diversity. 

“Prime Minister’s Coordinator for Tourism, Sardar Yasir Ilyas has said that Pakistan, with its natural beauty, historic monuments, rare cultural heritage, ancient festivals, and diverse religious sites, is a paradise for travelers and has the capacity to generate $30–40 billion annually through tourism,” APP reported. 

He said the Tourism Road Expo will feature cooking competitions with international chefs, adding that similar expos were planned for London, Tajikistan, Uzbekistan and ֱ. 

Ilyas said tourism had long been neglected in Pakistan, especially after the 18th constitutional amendment, which granted autonomy to provinces on matters such as education, health, tourism and others. 

“To ensure national-level coordination, the government is reviving and restructuring the National Tourism Coordination Board,” APP said. 

Speaking about the government’s measures to attract investment, Ilyas revealed that “unused government properties” will be leased to local and foreign investors for 50–60 years. This would be done to establish modern tourist facilities. 

He said digital e-portals are being developed to provide tourists with details of destinations, hotel bookings, weather updates and travel guidance.

However, the official cautioned that deforestation and climate change are major threats to tourism. 

“Large-scale plantation drives and removal of encroachments along rivers and lakes are necessary to preserve our environment and protect tourism,” the official stressed. 

On religious tourism, Ilyas said Pakistan is committed to providing more facilities for Sikh pilgrims, while gurdwaras and Buddhist heritage sites will be restored and handed over to the respective communities for their care and upkeep.

He regretted that Pakistan had never marketed its tourism potential effectively, pointing out that Central Asian states such as Uzbekistan, Kazakhstan and Azerbaijan attract millions of visitors annually despite offering less diversity. 

“Pakistan, with its four seasons and greater geographical variety, has far more to offer,” he said.


Estonia says UN Security Council to meet over Russian air incursion

Estonia says UN Security Council to meet over Russian air incursion
Updated 21 September 2025

Estonia says UN Security Council to meet over Russian air incursion

Estonia says UN Security Council to meet over Russian air incursion
  • Estonia’s foreign ministry said Sunday that UN Security Council would hold an emergency meeting this week following the incursion of three Russian aircraft into its airspace

TALLIN: Estonia’s foreign ministry said Sunday that UN Security Council would hold an emergency meeting this week following the incursion of three Russian aircraft into its airspace.
Three Russian MiG-31 fighters violated Estonian airspace over the Gulf of Finland on Friday, triggering complaints of a dangerous new provocation from the European Union and NATO but a denial from Moscow.
Italian F-35 fighters attached to NATO’s air defense support mission in the Baltic states, along with Swedish and Finnish aircraft, were scrambled to intercept the Russian jets and warn them off.
“On September 22... the United Nations Security Council will convene an emergency meeting in response to Russia’s brazen violation of Estonian airspace last Friday,” a statement from the Estonian ministry said.
It marks the first time in 34 years of Estonia’s membership in the UN that the EU and NATO member nation — a staunch supporter of Ukraine — has officially requested an emergency Security Council meeting.
Estonian Foreign Minister Margus Tsahkna said the violation is “part of a broader pattern of escalation by Russia, both regionally and globally,” following violations of Polish and Romanian airspace earlier this month.
“This behavior requires an international response,” Tsahkna said.