GCC captures only $ 24BN for $ 1tn Global Green FDI despite $ 132bn outgoing push, says plan &
The report revealed that while the amount of more than $ 1tn in Green Green FDI in the class between 2020 and 2024, Saudi Arabia, Uman, and Oman were only attracted to $ 24bn.
In contrast, these countries have planted $ 132bn in green projects abroad at the same time.
The opportunity to invest in GCC weather
Between 2020 and 2024, the three nations were counted by 29 and 10 international deals and FDI, representing the majority of the great GCC work.
However, this limited to the only 2 percent of the Green Green FDI travel. Apart from this, the region holds strong competition benefits, including the lowest production costs in the world – with six cheapest cheapest projects around the world in GCC.
Dr Yahya, a strategy member of the firm, Middle East, said: “Climate anxiety and government encouragement and government agents have caused global economic transactions.
“The GCC is well putting benefits, with Bold Netr-zero wishes and other cheapest powers in the world. However, more can be filled with full-green fraudulent investment.
“The requirement is now a powerful policy for converting a region into a thriving investment at home.”
Around the world, 53 percent of all FDIs entered green areas between 2020 and 2024, with hydrogen and ammonia, renewable energy, and batteries that include 80 percent of the total number.
The higher number came in 2022-23, even though green Fdi remains strong in 2024 at $ 158bn, three times the level of 2020.
Saudi Arabia received the largest Inbound Green FDI assignment at GCC at GCC at $ 12.6bn, followed by the Oman at $ 8.9bn-including major Indian projects organized by Ammonia and metal.
The UAE is advertised in hydrogen vehicles and electric vehicles, mainly from China, India and America.
Tyar’s Delesh, a community and Middle East, said: “The green change reflects how the industry grows.
“This means accepting various business tools, from vulnerable structures and clear laws in days encouraging cash flow.”
Report Recommends Four Acts to open a green fdi power of GCC:
- Make Landmark Political Policies, such as the US Rates Law and EU Green Deal
- Accidental investment through long-term agreements, green bonds, and clean financing fees
- Accelerate the development of green industries in hydrogen, lower carbon items, and other rounded economy
- Preventing effective investment in developing skills and opportunities to invest at home
The pressure has already created. Saudi Arabia has issued green-green green bond.
The analysis concludes that during the cost of cash, local prices, and geopritical risks can transform trajectories, weather risks ensure that green investment will remain largely on worldwide agenda.
