## Decarbonization Pathways,   Corporate Ambition and Action

To achieve a sustainable and equitable future in MENA, it is critical to acknowledge that no single solution fits all. Sustainability strategies must be aligned with global goals while being grounded in local realities.While there are many impressive “green shoots” from some of the largest corporations, these efforts need to be expanded throughout the entire value chain for the region to truly realize the potential of its sustainable transition. This includes suppliers and small and medium enterprises that are notably lagging in these efforts, despite their critical economic role. The transition towards sustainability in MENA demands increased corporate accountability and disclosure, particularly on environmental topics, and a commitment across all businesses in the region to adopt more sustainable practices


## Featured Content

### Joint Communiqué for Climate Action in MENA

A high-ambition group of leaders from the Middle East and North Africa at COP28 outline a new comprehensive strategy for achieving a green future for the region

[Read more](https://initiatives.weforum.org/leaders-for-sustainable-mena/joint-communique-for-climate)


## Featured Content

### Prioritizing Sustainability in MENA: Mapping Critical Environmental Issues for Regional Businesses

Despite 70% of the Middle East and North Africa region’s emissions falling under net-zero pledges, many businesses still lack clear guidelines to effectively navigate these ambitious climate goals.  This report offers a roadmap for businesses across the region to elevate their sustainability performance through a materiality-based approach to meet internationally recognized standards while working within the local and sector-specific realities.

[Read more](https://www.weforum.org/publications/prioritizing-sustainability-in-mena-mapping-critical-environmental-issues-for-regional-businesses/)


## Featured Content

### Closing the Climate Action Gap: Accelerating Decarbonization and the Energy Transition in MEN

This report assesses the current state of corporate climate action in the region and identifies targeted strategies to turn risks into competitive advantages across sectors. While MENA countries have demonstrated a growing commitment to climate action through net-zero targets, action from the business community still lags behind that of global peers, and consumers underestimate their regional vulnerabilities. Yet MENA has an opportunity to leapfrog traditional development phases and integrate sustainability directly into its agenda for economic diversification and growth. MENA holds the advantage in both conventional sources of energy – given its low costs and low-emissions profile for hydrocarbon extraction and renewables energy generation.

[Read more](https://www.weforum.org/publications/closing-the-climate-action-gap-accelerating-decarbonization-and-the-energy-transition-in-mena/)


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