This book provides a comprehensive and analytical overview of green growth opportunities within a sustainable finance framework in the Gulf Cooperation Council (GCC) region. It provides policy recommendations to strengthen the response to 'global shocks' such as the COVID-19 pandemic, the Russia-Ukraine war, and related oil and gas prices fluctuations.
This book combines theoretical frameworks and empirical research examining the Water-Energy-Food Nexus, Red Sea Coral Reefs, and Green Transformation pathways in the Gulf. Through detailed case studies, the book addresses critical challenges including climate change and resource insecurity while highlighting opportunities in Smart Cities, Sustainable AI, and FinTech innovation. By contextualizing global sustainability theories within the GCC environment, chapters on Stock Markets and Environmental Quality, Central Bank Transparency, and Good Governance and Economic Resilience provide actionable insights for regional development. The Healthcare sector perspective and AI Adoption for Sustainable Development in higher education further demonstrate practical applications of green economy principles. Essential reading for policymakers, scholars, investors, and stakeholders, this comprehensive volume enriches the global debate on sustainable finance with specific reference to the unique environmental-economic nexus of the Arab Gulf states.
Chapter 1 "Status and Prospects of Renewable Energy Development in GCC
Countries.
Chapter 2 "Finance Landscape and Opportunities in the Gulf
Cooperation Council.
Chapter 3 "Holistic Approach for Smart Cities in the
UAE.
Héla Miniaoui is Associate Professor at Lusail University in Qatar. Before joining Lusail University, she worked as Technical Specialist at the International Labour Organization in Egypt. She also worked as Associate Professor of Economics at Qatar University, at University of Wollongong in Dubai (UOWD) and at United Arab Emirates University (UAEU). She has consulting experience at the IDEA Consult/STUDI Group and the African Development Bank. Dr. Héla's research focuses primarily on economic development, sustainable development, food security, and banking and Islamic finance. She is Editor of the book "Economic development in the Gulf Cooperation Council countries: from rentier states to diversified economies", published by Springer in October 2020, Book Series, Gulf Studies.
Mondher Bellalah is Professor of finance and President of Euro-Mediterranean Education Network and research in economics and management (REMEREG). He also worked as Full Professor at University of Cergy-Pontoise for many years and served as International Consultant in banking, finance, and insurance. He has published more than 150 articles in ranked journals and more than 20 books with well-known publishers including Cambridge University Press, Economica, and World Scientific Publishing.
