The Middle East

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The GCC chemicals and petrochemicals industry demonstrated considerable resilience in the face of Covid-19 and oil price fluctuations.

Emerging markets are harnessing environmental, social and governance metrics to raise debt and fund their energy transitions, with Chile recently becoming the first country to issue bonds tied specifically to sustainability goals.

As demand for environmentally sustainable transport grows, a number of emerging markets are ramping up their efforts to incentivise the sale and production of electric vehicles (EVs).

Among the sustainability challenges facing the global petrochemicals industry is the difficulty measuring Scope 3 carbon emissions along the supply chain.

As oil prices reach 7.5-year highs, a number of countries in the Middle East have unveiled fiscal measures designed to balance their budgets after two years of pandemic-related spending.

As Saudi Arabia pursues a path of national digital transformation, stakeholders must take care to ensure the benefits of the digital economy are shared by the whole of society.

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