empowerME monthly newsletter

Education has been a key indicator of an economy’s growth in innovation and technology for the last 500 years from the Dutch Empire in the mid-17th century to the British Empire in the late 19th century to the United States in the 20th century to China’s awakening in the last several decades. Investment in education has been the foundation of societal and economic transformation and has led to significant long-term gains.

By investing in cost-efficient renewable energy, MENA countries can significantly reduce their extremely expensive energy subsidies, freeing funds for use in education and social welfare for the advancement of their populations.

The Middle East and North Africa (MENA) region is home to the largest hydrocarbon reserves in the world, with the Organization of the Petroleum Exporting Countries (OPEC) member countries possessing almost 60 percent of global crude oil reserves, and 43 percent of global gas reserves. This places the region as a key global player for oil and gas for the foreseeable future.

By investing in cost-efficient renewable energy, MENA countries can significantly reduce their extremely expensive energy subsidies, freeing funds for use in education and social welfare for the advancement of their populations.