Arab countries have made great progress in planning large hydrogen projects. The last meeting of the UN Conference of the Parties on Climate Change (COP27) in Egypt and the preparation of the coming one in Abu Dhabi (COP28) have had a highly stimulating effect: Egypt is now ranked as the largest destination for foreign direct investment in hydrogen mega projects, and Abu Dhabi has tripled its plans in the field of renewable energy in the run-up to COP28. The planned hydrogen projects in Arab countries have reached a volume comparable to those in OECD countries. Qatar is moving in a somewhat different direction as it concentrates on prolonging its success with LNG exports.
Decarbonizing Arab Economies
Dr. Gerd Junne
Senior Associate Fellow
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