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All Journal Strata Social and Humanities Studies Desultanah: Journal Education and Social Science
Majid, Marenda Athallah Farras
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Religion Arts Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Social Sciences Other

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The Role of Green Investment Policies in Promoting Economic Diversification in the Gulf Countries Majid, Marenda Athallah Farras; Yafuz, Labiq; Fathullah, Abdusyahid Naufal; Bari, Tatsqif Abyani Fathul
Strata Social and Humanities Studies Vol. 3 No. 1 (2025): April
Publisher : CV. Strata Persada Academia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59631/sshs.v3i1.358

Abstract

Gulf countries, including Saudi Arabia, the United Arab Emirates (UAE), and Qatar, face economic challenges due to their high dependence on oil and gas exports. To address oil price volatility and support the transition to a sustainable economy, they have implemented green investment policies as part of their economic diversification strategy. The study examines the effectiveness of green investment in boosting the growth of non-oil and gas economies through policies such as Saudi Vision 2030, UAE Net Zero 2050, and Qatar National Vision 2030. The results show that green investment has improved the region's economic competitiveness by attracting foreign direct investment (FDI), creating new industrial sectors, and accelerating innovation in renewable energy. Despite this, various challenges are still faced, including limited infrastructure, dependence on imported technology, and resistance from the oil and gas industry. In addition, geopolitical dynamics and fiscal policies that have not been fully supportive are obstacles to the implementation of green investment. The study confirms that green investment has the potential to become a key pillar in the economic diversification of Gulf countries if supported by a more structured strategy, research and development (R&D) capacity building, and incentive policies that encourage private sector involvement and international cooperation.
Green Global Movement and Global Souths Development Dilemma: Case of Brazil, India, and South Africa Majid, Marenda Athallah Farras
Desultanah: Journal Education and Social Science Vol. 3 No. 2 (2025): desultanah: Journal Education and Social Science
Publisher : Yayasan Putroe Ceudah Aceh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69548/d-jess.v3i2.48

Abstract

This study examines the challenges and structural intricacies of sustainable development in the Global South, with an emphasis on Brazil, India, and South Africa. Although these nations have considerable renewable energy potential and natural resources, their green development paths are inconsistent due to ongoing governance deficiencies, policy discrepancies, and socio-economic inequalities. The research employs a qualitative comparative approach to illustrate how external demands from the global green movement, mostly influenced by Global North agendas, frequently conflict with local realities, hence strengthening reliance and constraining developmental autonomy. The results indicate that although there are advancements in renewable energy adoption and conservation policy, the overall green transition is hindered by institutional fragmentation and the historical legacies of extractivism. Therefore, the green development in the Global South necessitates a reevaluation of global sustainability frameworks to align with regional contexts and aspirations. The study enhances current discussions by providing a refined comprehension of structural imbalances in global environmental governance.  
Co-Authors Bari, Tatsqif Abyani Fathul Fathullah, Abdusyahid Naufal Yafuz, Labiq