Gulf to See $31.2B in Water and Energy by 2030
The article focused on the expectations for the 2026 Global Investment Summit, which will be held in Paris, regarding a significant increase in Gulf investments in the water, renewable energy, and hydrogen sectors by 2030. These investments are expected to nearly double from $15.65 billion in 2023 to $31.2 billion in 2030, representing an approximate 100% growth. The water and circular economy sectors aim for a 60% increase, reaching $8.43 billion, driven by expanding water management and automation projects. Meanwhile, investments in renewable energy and hydrogen are projected to reach $22.77 billion, with an estimated growth rate of around 120%, fueled by solar and wind projects and the development of hydrogen technologies. The summit emphasizes advancing sustainability and innovation, with Gulf countries aiming to diversify energy sources, reduce emissions, and attract European investments through joint projects and strategic partnerships, with the goal of translating these investments into tangible projects by 2030.
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