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OAPEC Activities
Volume 41 Issue 10
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rates, general budget, trade balance, as
well as their great role in boosting human
development rates.
•
Oil and its revenues have contributed in
boosting development in other Arab non-
oil countries throughArab development aid
presented by the Arab oil countries to other
Arab countries that reached $82.4 billion
from 2001 to 2014. The total accumulated
sum from 2000 to 2013 hit $190 billion
since the launch of aid back in 1970.
•
Oil revenues had a role in boosting money
transfers of the workforce in the oil
countries to the workforce’s homelands.
The total sum of these transfers hit $347.6
billion from 2000 to 2013, representing an
annual rate of $24.8 billion.
New and Renewable Energies: Present
and Future
Dr Majed Karam Mahomoud,
Senior
Expert, Head of Projects
and
Technical
Affairs,
Regional
Center
for
Renewable
Energy
and
Energy Efficiency
(RCREEE), presented a
paper titled “Renewable
Energy Resources between
Technical Reality and Ambitions:
an Introduction to Power Generation from
Solar and Wind Energies”. The paper indicated
that spreading the use of renewable energies
could be one of the most attractive solutions
to face climate change, energy security and
sustainability, attracting more investments, and
developing domestic industries. The lecturer
called for using the unexploited renewable
resources in Arab countries including wind and
solar energies, especially in power generation.
He clarified that this would contribute to
realizing various economic and environmental
benefits. He also called for issuing a group of
legislations and laws to encourage the private
sector to indulge in renewable energy projects
and attract more investments to this sector.
Day 4: Wednesday 7 October 2015
The fourth day included one session.
It was chaired by HE Abbas Ali Al Naqi,
OAPEC Secretary General. It included two
lectures:
Climate Change Negotiations and
Different Blocs
Mr Ayman Shasli,
Head of
the Arab Negotiation Group
at the UNFCCC, from
Saudi Arabia, presented
a paper titled “United
Nations
Framework
Convention on Climate
Change (UNFCCC): Towards
2015 Agreement”
The paper tackled the latest developments
and current situation on the eve of COP21 on
the UNFCCC to be held in Paris in December
2015. Anticipation is growing on the kind of
new agreements on climate change awaiting
the outcome of the meeting in Paris, where a
new protocol or legally binding and applicable
formula post the year 2020 is expected to be
announced.
Most important issues in the paper included:
the current political scene and political efforts
by the developed countries’ leaders and
concerned international organizations on
climate change, and the expected stances at
the upcoming event in Paris. The lecturer also
explained the targeted percentages for emission
reduction in the USA, China, EU, and India.
The lecturer also spoke about the progress of
international climate change negotiations, the
UNFCCC, and Kyoto Protocol. He reviewed