International Journal of Energy Sector Management, Год журнала: 2025, Номер unknown
Опубликована: Апрель 22, 2025
Purpose This study aims to examine green finance’s role in expanding renewable energy and diversifying Gulf economies, focusing on regulations, private sector participation innovative tools like sukuk blockchain. Design/methodology/approach Mixed-methods analysis employs Dynamic Panel Data (DPD) Difference-in-Differences (DiD) estimates assess the effectiveness of finance terms scalability, investors’ confidence transformation six Cooperation Council (GCC) economies. Qualitative information about trends investments policies comes through stakeholder interviews. Findings Established governance uniform laws build investors stimulate development. Saudi Arabia UAE use effectively bonds sukuk, Kuwait Oman face investment disincentives fragmentation regulations. Transparency efficiency are boosted blockchain technology. Public–private partnerships (PPPs) risk-sharing, lessons drawn sub-Saharan Africa Southeast Asia, pay dividends maximizing finance. Practical implications The findings suggest that aligning regional with global sustainability standards fostering greater engagement crucial optimizing impact region’s long-term economic environmental goals. Originality/value Integrating best practice globally, Islamic blockchain, this paper proposes a region-sensitive model for region. It offers comparative financial models sees new technology delivering transparency transition low-carbon economy.
Язык: Английский