The GCC chemicals and petrochemicals industry demonstrated considerable resilience in the face of Covid-19 and oil price fluctuations.
Energy
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Indonesia’s environmental, social and governance (ESG) and UN Sustainable Development Goal (SDG) priorities centre on the affordable transition to renewable energy, socio-economic growth beyond Jakarta, and improved governance in both the public and private sector.
Among the sustainability challenges facing the global petrochemicals industry is the difficulty measuring Scope 3 carbon emissions along the supply chain.
Economic update | How will an increase in polysilicon production affect the cost of solar power?
23 Feb 2022
As the prices of solar power inputs reach 10-year highs, Indonesia is looking to boost solar panel manufacturing.
Economic update | What impact will the rise in oil prices have on the energy transition?
16 Feb 2022
Amid an increase in global demand and concerns over key supplies, global oil prices are approaching $100 per barrel for the first time since 2014. But, with prices rising, what does this mean for the renewable energy transition, especially in Gulf countries?
The shift away from hydrocarbons and towards sustainable forms of energy continued in 2021, with new renewable generation capacity set to reach an all-time high and the international community committing to reduce carbon emissions at the latest UN Climate Change Conference (COP26). For emerging economies, this transition heralds a specific set of challenges – as well as potential benefits.