MIDDLE EAST ENERGY TRANSITION
PE - 30 November 2020 - At the start of the year, the appetite for clean energy was already evident in the Middle East. In January 2020, Bloomberg New Energy Finance predicted solar and wind would “push the region’s electricity mix to 39pc zero-carbon by 2050”.
Similarly, the HSBC Sustainable Finance and Investing Survey issued in September 2019 had predicted 85pc of issuers and investors in the Middle East to reallocate capital towards green financing goals by 2025.
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