Regional Roundtable Series

MENA’s Economic Transition: Seizing Green Opportunities for Growth and Human Capital Development

09/10/2024Manama · Kingdom of Bahrain
In partnership with
BCG

Roundtable overview

Turning transition into economic opportunity.

Held in partnership with Boston Consulting Group (BCG), this roundtable gathered leaders from across the region to examine the economic potential that MENA holds as it pursues a green, low-carbon future. Experts highlighted the substantial opportunity for job creation, with studies projecting 10 million new jobs in MENA by 2050 through decarbonization and green industrial growth. Participants discussed the economic transformation required to meet ambitious climate targets, emphasizing the need for industrial diversification, climate-focused policies, and robust incentives.

Speakers focused on MENA’s unique assets, including a young, tech-savvy workforce and ample renewable energy resources, positioning the region to emerge as a leader in green industries. Investments in human capital, including reskilling and upskilling, were emphasized as crucial to support legacy industries transitioning to a green economy. The session also addressed gender policies, highlighting the need for inclusive growth that ensures women both contribute to and benefit from the region’s transition.

Discussion focus

What the roundtable explored

01

Job creation and economic diversification through decarbonisation.

02

Innovative policies and investments to leverage renewable-energy resources.

03

Harnessing MENA’s young, educated and tech-savvy workforce for sustainable development.

Speakers

Alexander van Veldhoven

Alexander van Veldhoven

Group Chief Strategy OfficerBapco Energies

Amer Buhussain

Amer Buhussain

Associate Director – Business Development, Manufacturing & LogisticsTamkeen

Amin Sultan

Amin Sultan

Chief Power OfficerAluminium Bahrain

Dana Hamzah

Dana Hamzah

Assistant Undersecretary for Sustainable DevelopmentMinistry of Sustainable Development, Kingdom of Bahrain

Farooq Zuberi

Farooq Zuberi

Chief Financial OfficerAPM Terminals Bahrain

Ian McCallum

Ian McCallum

Chief Sustainability OfficerBank ABC

Dr. Mahmood Majdi

Dr. Mahmood Majdi

Sr. Engineer Energy TransitionBahrain Steel

Pablo Avogadri

Pablo Avogadri

Partner and Director, EnergyBoston Consulting Group

Moderator
Sael Al Waary

Sael Al Waary

Group Chief Executive OfficerBank ABC

Zeeba Askar

Zeeba Askar

PresidentCFA Society Bahrain

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