A Comprehensive Analysis How Climate Change Can Affect the Financial Market: Evidence from the UAE

Overview

This project investigates the economic impacts of climate change in the United Arab Emirates (UAE), emphasizing the need for effective mitigation and adaptation strategies to ensure sustainable growth and resilience. It aims to evaluate both the direct and indirect effects of climate change across key economic sectors such as agriculture, energy, tourism, and infrastructure, identifying areas most vulnerable to climate-related disruptions.
The study further analyzes the costs of inaction compared to the economic benefits of proactive measures, highlighting the financial rationale for investing in climate resilience. Additionally, it explores innovative policies and global best practices that can strengthen the UAE’s adaptive capacity, mitigate economic risks, and support long-term sustainability. Ultimately, the project seeks to provide policy recommendations and strategic insights to help decision-makers, stakeholders, and businesses navigate the challenges of climate change while fostering a resilient and sustainable UAE economy.

Project Team:

Principal Investigator (PI):

  • Dr. Slim Skander

 

Co-PIs:

  • Dr. Sania Ashraf
  • Dr. Andreas karathanasopoulos
  • Dr. Hamzah Alkhazaleh

 

External Collaborator:

  • Dr. Georgios Sermpinis, University of Glasgow, Scotland

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