Abstract

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first part of the 21st century. Strong public capital spending supported by high energy prices provided governments with an opportunity to accelerate economic diversification and infrastructure investment, lifting economic growth and per capita incomes. The 2014 collapse in oil prices created an added impetus for a transition to a more sustainable growth model less dependent on volatile energy markets. Here we make the case for a greater focus on energy productive investment to drive this transition.

Authors

Steven Fawkes

Steven Fawkes

Visiting Researcher Steven has over 30 years experience in energy efficiency with particular expertise in financing. His main focus is financing energy…

Expertise

Publications See all Steven Fawkes’s publications

Growth Through Diversification and Energy Efficiency: Energy Productivity in Saudi Arabia

Growth Through Diversification and Energy Efficiency: Energy Productivity in Saudi Arabia

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first…

November 24, 2017
Investing for Energy Productivity in the GCC – Financing the Transition

Investing for Energy Productivity in the GCC – Financing the Transition

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first…

September 2, 2016
Nicholas Howarth

Nicholas Howarth

Research Fellow Nicholas is an applied economist specializing in economic growth, energy and natural resource and environmental economics. He is currently leading…

Expertise

  • Energy and climate economics and policy
  • energy efficiency
  • energy productivity
  • technology
  • innovation
  • finance
  • investment
  • industrial policy and sustainable development

Publications See all Nicholas Howarth’s publications

How does Saudi Arabia’s recent energy performance compare with other G20 countries?

How does Saudi Arabia’s recent energy performance compare with other G20 countries?

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first…

August 20, 2019
Estimating the Multiple Benefits of Building Energy Efficiency in GCC Countries Using an Energy Productivity Framework

Estimating the Multiple Benefits of Building Energy Efficiency in GCC Countries Using an Energy Productivity Framework

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first…

January 14, 2019
Moncef Krarti

Moncef Krarti

Visiting Researcher Moncef is a visiting researcher with over 30 years of experience in designing, testing, and assessing innovative energy efficiency and…

Expertise

Publications See all Moncef Krarti’s publications

Estimating the Multiple Benefits of Building Energy Efficiency in GCC Countries Using an Energy Productivity Framework

Estimating the Multiple Benefits of Building Energy Efficiency in GCC Countries Using an Energy Productivity Framework

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first…

January 14, 2019

Benefits of energy efficiency programs for residential buildings in Bahrain

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first…

June 1, 2018
Padu Padmanabhan

Padu Padmanabhan

Visiting Researcher Padu is a visiting researcher at KAPSARC. He is the former program director of the South Asia Regional Initiative for…

Expertise

Publications See all Padu Padmanabhan’s publications

Toward Economic Prosperity Through Industrial Energy Productivity Improvement

Toward Economic Prosperity Through Industrial Energy Productivity Improvement

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first…

February 19, 2018
Growth Through Diversification and Energy Efficiency: Energy Productivity in Saudi Arabia

Growth Through Diversification and Energy Efficiency: Energy Productivity in Saudi Arabia

An unprecedented infrastructure investment boom occurred in the Gulf Cooperation Council (GCC) in the first…

November 24, 2017
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