Latin America and the Caribbean faces immense challenges and opportunities in transforming its energy sector. Energy demand is forecasted to grow over 50% by 2050, and countries in the region need to ensure this surge does not undermine their commitment to a sustainable energy future.
The renewable energy industry remains at a relatively early stage of growth in most Middle Eastern countries and establishing regulatory frameworks will be a crucial part of that early growth.
Muscat - A new World Bank report on energy policies and regulations ranks Oman sixth in the world and first in the Middle East and North Africa in Renewable Energy regulatory indicators.