Interim Report by the Study Group on Decarbonization, Energy Geopolitics and the Middle East - How Decarbonization Will Transform and Impact Energy Geopolitics in the Middle East
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Interim Report by the Study Group on Decarbonization, Energy Geopolitics and the Middle East - How Decarbonization Will Transform and Impact Energy Geopolitics in the Middle East

22 November 2023

Summary

By looking into the changes in the Middle East, especially in the Persian Gulf region as a major oil and gas producing area that is expected to be significantly affected by the shift to clean energy, the Study Group on Decarbonization and Energy Geopolitics in the Middle East intends to deepen the understanding of the current situation of decarbonization and study how the energy transformation in. [...] By accumulating insights into the decarbonization process and the future of the world through these activities, the Study Group ultimately aims to enhance the awareness of decarbonization in Japan’s public and private sectors and thus help Japan chart a clearer path to the future, as well as to ensure that the long-fostered relationship between Japan and the Middle East will be maintained in the f. [...] In 2015, almost all countries in the world (195 in total) endorsed the Paris Agreement, agreeing to work toward the goal of limiting the increase in the average temperature of the Earth’s surface to below 2°C (and ideally to below 1.5°C) above pre-industrial levels. [...] Among the countries of the Gulf Cooperation Council (GCC), Qatar was boycotted in 2017 but invited to join in January 2021 through the al-Ula Agreement, leading to the restoration of the unity of the GCC. [...] There are many arguments and opinions over the consistency of the CBAM with international trade rules, and many of them are related to the scope and interpretation of “like products,” a basic concept of the General Agreement on Tariffs and Trade (GATT) that is mentioned in Article I and other provisions of the Agreement.

Pages
32
Published in
Japan