Rapid urbanization and expansion of cities in the Middle East and North Africa (MENA) region has created new opportunities — along with environmental risks, lack of financial and natural resources, and social disparity. In a new issue brief, visiting research scholar Osamah Alsayegh explores how developing smart sustainable cities can bring social and economic benefits to the growing urban population.
Environmental, social, and governance (ESG) evaluations impact firms' market value, but inconsistencies and uncertainties in these assessments suggest that following past practice may not be the best way forward. The future lies in a more focused version of ESG principles, one that resembles environmental risk management.
This issue brief highlights the potential collaboration between Arab countries and China in dealing with the global energy transition, and examines the energy transition from the perspectives of the world's largest economy (China) and richest hydrocarbon region (the Middle East).