Circular Economy and Sustainable Development Model: it’s Role in the GCC States’ National Visions
The meeting is to discuss the current and future impact
of ongoing development sustainability plans within the circular
economy framework taking into consideration GCC
future visions and the turbulent energy transition and its impact on the
dynamics of sociocultural, economic
and political developments in the GCC. The main attention of discussion
will be focused on four areas:Exploring
the circular economy and sustainability developmen ...
Abstract
The meeting is to discuss the current and future impact
of ongoing development sustainability plans within the circular
economy framework taking into consideration GCC
future visions and the turbulent energy transition and its impact on the
dynamics of sociocultural, economic
and political developments in the GCC. The main attention of discussion
will be focused on four areas:Exploring
the circular economy and sustainability development concepts and strategies and its applications to GCC Economies.The
Water-Food-Energy Nexus and climate change challenges in the GCC long- term
national visions within the circular economy perspectives.The role of governments, private sector and households in achieving GCC circular economy
and sustainable development
objectives.
Description and Rationale
The current linear economic growth model (exhaust and use our
non-renewable energy resources
irresponsibly, make a short-lived products-use it –waste it) has been shown to be not sustainable and has a very
negative impact on the environment. As our planet is facing a critical climate change and global warming
problems that could affects the existence
of the next generations. This is due to our previous and current way of extracting and using our non-renewable resources
in our modern industrialized economy. A new economic growth model of a
circular economy that involves (find a new
forms of clean and green renewable energy, use our current resources
responsibly and efficiently, make efficient long-term products, use responsibly, reuse
and remake).
The Gulf States are, in general, dependent
upon export of non-renewable energy resources for most of their revenue, which
in turn funds the economic development plans,
security, and social underpinnings of society. Can GCC economies move to the new growth model that is a circular economy
model without jeopardizing its economic development plans and their long-term national
visions?
In order for the GCC hydrocarbon producers to respond
adequately to these diverse emerging
challenges, it is important to clearly define
and understand the origins of these issues,
the majority of which are deeply connected
to the oil and gas market transformation and regional tensions.
The event will consider the circular economy model and
the impact of global energy transition
processes on the GCC member states through the prism of challenges faced to their economic development plans. The
contributors will deeply analyze how these global
challenges affected not only the oil and gas industries, but also other aspects
of the GCC social, economic and political
development. Consequently, the event will be
critically discussing and analysing the importance of GCC economies
moving to the new economic
growth model, a circular economy,
that is a more sustainable and a better
one for the next generations in the GCC.
The event will attempt to answer
the following questions:
What is the circular economy
model and the different strategies for sustainability
How water-food-energy nexus and climate
change are very concerning matters
for GCC long-term development plans?
What is the role of governments, private sector, and
society in moving towards a circular economy?
How the circular
economy model and applications could play a very important role in achieving
the economic development plans and the GCC long-term national visions?
Gulf Research Meeting
