Arab countries and efforts in investing in renewable energy – an analytical study of mechanisms to enhance cooperation for the expansion of renewable energy systems use

Autores

  • Benazza Hicham
  • Boukhari Ali
  • Imane Laamari
  • Boudoukha Samah
  • Trifa Mohamed

DOI:

https://doi.org/10.34140/bjbv7n1-015

Palavras-chave:

investment, energy, renewable energy, Arab countries

Resumo

The expansion of energy consumption cannot proceed without limits, due to the finite nature of conventional energy sources. The warning bell has been sounded, and most Arab governments have begun their relentless efforts to address the increasing energy consumption and find possible solutions and alternatives. The most appropriate and optimal solution, which has been acknowledged by all countries around the world, is to establish a sustainable energy system within the framework of implementing a long-term strategy that allows for the development and growth of various renewable energy sources at the local and national levels. In this context, this research aims to address the following issue: What are the efforts of Arab countries towards investing in renewable energy? This study relies on a descriptive-analytical approach, and the findings emphasize that Arab countries are making significant efforts to enhance cooperation for expanding the use of renewable energy systems.

Referências

Al-Alawi, A. (2005). The Use of New and Renewable Energy in the Arab World and Lessons Learned from Previous Experiences. Amman, Jordan.

Arab Monetary Fund. (2011). The Arab Economic Report 2011, Chapter 12: Arab Cooperation in Renewable Energy (p. 234). Abu Dhabi, United Arab Emirates.

Haddad, R. (2011). Green Energy Investments in Arab Countries. Al-Wasat Daily Independent Political Newspaper, in cooperation with the Arab Forum for Environment and Development (AFED) and the Environment and Development Magazine.

League of Arab States. (2013). The Third Arab Economic and Social Development Summit (p. 64). Riyadh, Saudi Arabia, January 21–22.

League of Arab States, Regional Center for Renewable Energy and Energy Efficiency (RCREEE). (2011). Guide to the Renewable Energy Potential of Arab Countries and Enhancing Energy Production and Consumption Efficiency. Arab Ministerial Council for Electricity.

Naji, K. (2008). New and Renewable Energies: Research, Development, and Technology Transfer. Egypt: Workshop on Policies and Measures to Enhance the Use of New and Renewable Energy.

Organization of Arab Petroleum Exporting Countries (OAPEC). (2012). 38th Annual Report of the Secretary General 2011 (p. 177). Kuwait.

Research Project. (n.d.). Use of Renewable Energy in the Gulf States. Ministry of Energy – Department of Electricity and Water Desalination, United Arab Emirates.

Safi, M. J. (2008). New and Renewable Energies: Research, Development, and Technology Transfer. Egypt: Workshop on Policies and Measures to Enhance the Use of New and Renewable Energy, League of Arab States.

(No author). (n.d.). Energy in the World and the Impact of Carbon Tax on the Economies of Countries (p. 62).

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Publicado

2025-01-15

Como Citar

Hicham, B., Ali, B., Laamari, I., Samah, B., & Mohamed, T. (2025). Arab countries and efforts in investing in renewable energy – an analytical study of mechanisms to enhance cooperation for the expansion of renewable energy systems use. Brazilian Journal of Business, 7(1), e76831. https://doi.org/10.34140/bjbv7n1-015

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