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39( 10 ), pages 2346-2365, October. Fatiha Talahite, 2012. "," Revue Tiers-Monde, Armand Colin, vol. 0( 2 ), pages 143-160. Anna-Lena Maier, 2021. "," Journal of International Organization Policy, Palgrave Macmillan, vol. 4( 4 ), pages 476-495, December. Jieming Zhu & Tingting Hu, 2009. "," Environment and Preparation A,, vol. 41( 7 ), pages 1629-1646, July. Anthony GO Yeh & Fiona F Yang & Jiejing Wang, 2015.
Decoding the Complexity of ESG Reporting Standards in the Gulf52( 15 ), pages 2822-2848, November. 15( 3 ), pages 295-321, October. 29( 1 ), pages 23-37, January.
42( 8 ), pages 1369-1390, July. 9( 1 ), pages 1-38, December. 7( 1 ), pages 1-19, May.
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Economic diversity is the procedure of transitioning an economy away from reliance on a single sector or source of earnings to numerous sectors and markets. This type of financial shift is presently underway in the Gulf Cooperation Council (GCC) area, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing rapid socio-economic change.
The GCC region is undergoing a transformative stage focused on financial diversity and sustainable advancement. Historically reliant on oil and gas, GCC economies are now striving to diversify their income sources through ambitious government-led initiatives like Saudi Vision 2030 and We the UAE 2031 that shift focus from high-risk, vulnerable and/or high-carbon markets and sectors to economies.
A strong motorist behind economic diversification and green transition strategies in the GCC is the well-documented impact of climate change in the area being experienced now and in the future. The World Bank estimates that approximately 100 million people in the Middle East, consisting of the GCC, will struggle with water tension by 2025, with portions of the region expected to become uninhabitable by the end of the century due to water scarcity and high temperatures.
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