• Initiative -
  • Type Book/book chapter
  • Date 22 April 2021
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Abstract

Many pieces of evidence showing that investments in energy transition can boost GDP and create jobs. Further, national and regional energy transitions can help build resilient economies and societies. Therefore, linking short-term actions to medium- and long-term strategies is vital to achieving the Paris agreement on climate change the Sustainable Development Goals (SDGs). In this context, this analysis aims to explore the key challenges and lessons learned regarding the development of renewable energy. The setting of the current study is the MENA countries, as examples of growing economies, most of them experiencing extensive economic and energy reforms. First, we briefly review the demand for renewable energy and the resources available, before examining some of the challenges that need to be addressed to meet deployment targets. Second, we present some case studies to show what is at stake in some countries, the challenges, and the lessons learned. Aggressive RE policies seem to be vital to achieving key energy-policy goals, and the so-called “multiple benefits” of RE in the MENA region, such as addressing climate change and air pollution, improving energy security, and increasing energy access. Policies should be more ambitious to address national challenges and targets and strengthen climate commitments. However, securing strategic financing, investing in transition-related infrastructure, diverting investment from fossil fuels, and making bailouts conditional on climate action should be a cornerstone of national strategies.

 

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Authors

Fateh Belaïd

Research Fellow Fateh was a full Professor of Economics at Lille Catholic University, and Director of the Smart and Sustainable Cities research… Fateh was a full Professor of Economics at Lille Catholic University, and Director of the Smart and Sustainable Cities research unit, with appointments at École des Ponts and Chaussées ParisTech, and Ecole Nationale des Sciences Géographiques. Fateh has also held various positions at the French Centre Scientific and Technical Center for Building and led multiple collaborative projects for the French Ministry of Ecological Transition and the European Commission. He received a Habilitation for Supervising Doctoral Research from Orléans University, a Ph.D. in Economics, an M.S. degree in Applied Economics and Decision Theory from Littoral University, and an engineering degree in statistics. He is an energy and environmental economist drawing from the fields of applied microeconomics, energy modeling, and econometrics. Credited with 50+ papers, he has published widely on household energy consumption, energy-saving behaviors, individual preference and investment in energy efficiency, fuel poverty, renewable energy and energy policy.

Expertise

  • Energy and Environmental Economics; Energy Efficiency; Energy Demand; Fuel Poverty; Energy Policy; Energy Saving Behaviors; Applied Econometrics; Smart and Sustainable Cities

Publications See all Fateh Belaïd’s publications

Elias Boukrami

Elias Boukrami

Razan Amine

Razan Amine

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