Events

Back

ENERGY TRANSITION IN TIMES OF WAR: A PERSPECTIVE FROM THE MENA REGION

From

04
5:00 pm May 2022
Add to Calendar 2022-05-04 17:00:00 2025-05-24 11:41:28 ENERGY TRANSITION IN TIMES OF WAR: A PERSPECTIVE FROM THE MENA REGION Description Location Policy Center Policy Center Africa/Casablanca public

Rim Berahab, Senior Economist at the Policy Center for the New South, will be speaking in a virtual panel - organized within the Series: “The Future of Energy” - on "Energy Transition in Times of War: a Perspective from the MENA Region". The initiative is held in the framework of the eighth edition of MED - Rome Mediterranean Dialogues.The panel aims at facilitating dialogue amongst the broader Mediterranean’s leaders in government, business, civil society, and academia.

Today, the outbreak of the conflict between Russia and Ukraine and its aftermath on global energy markets, risk undermining the trajectory of the energy transition.The urgent quest of replacing Russian energy supplies, rising prices of oil and natural gas, and the return to coal have all shown how much the transition is still at a very early stage. In addition, it has demonstrated the essential role hydrocarbons play in fueling the economies of the region. However, if in the short term the current crisis risks affecting the process towards transition, economic diversification, and sustainability, in the long term the need of reducing hydrocarbon use could reinforce the dynamic of transition, increasing the share of renewable sources in the energy mix of the broader Mediterranean region.

To what extent is the current energy crisis at risk of derailing the path towards the energy transition? Or, on the contrary, how could it potentially accelerate this process? Which role could the transition play in improving energy security in the aftermath of the conflict? What would the political and geopolitical implications of this be?

This event is taking place virtually on May 04 at 5pm CEST

Speakers
Rim Berahab
Senior Economist
Rim Berahab is Senior Economist at the Policy Center for the New South, which she joined in 2014. She is currently working on themes related to energy issues and their impacts on economic growth and long-term development. Her research areas also cover trade and regional integration challenges in Africa. Previously, she has also worked on questions related to gender inequalities in the labor market of North African countries. Rim spent three months at the International Monetary Fund (IMF), in 2016, in the Commodities Unit of the Research Department. She holds a State Engineering degree from the National Institute of Statistics and Applied Economics (INSEA). ...