GCC
An Overview of Carbon Emissions
01 In 2022, global CO2 emissions rose by 1.5%, driven by increased energy demand and fossil fuel dependence.
02 Global average CO2 emissions stood at 5 tons per person.
03 Factors influencing per capita carbon emissions include: economic development, population size, energy consumption patterns, industrial activities, and geographic and climate conditions.
04 GCC countries had notably higher per-capita emissions due to their oil-based economies, energy-intensive sectors, and growing demands in areas like electricity and transportation.
2021 Per Capita CO2 Emissions in Tons: An Overview GCC Countries
How the GCC's Core Industries Impact Global Greenhouse Emissions
01 The gas and oil sector in the GCC is a major contributor to CO2 emissions due to extraction, refining, and transportation.
02 The strategic coastline fosters a large maritime industry, which, using fossil fuels, emits greenhouse gases.
03 Banks indirectly contribute to greenhouse gas emissions by financing emitting industries.
04 There’s an urgent need for the GCC to adopt sustainable practices within the gas and oil industry to mitigate climate change.
Elevating GCC’s Global Presence: The Role of GHE Offsetting
GHE offsetting strengthens GCC’s global standing and trade by aligning with international sustainability norms. This ensures business partnerships, meets stakeholder expectations, and underscores the GCC’s commitment to climate action and diplomatic relations.
