Conclusion

Moving towards a Net-Zero economy requires significant transformation across all facets of society. Identifying how to do so should be undertaken collectively as the well-being of our planet is interconnected. The shift in investor and customer interest, technologies, regulation, and policies will enable industries to pivot their business models to accommodate to have less harmful impact on our planet. The demand for renewable energy in addition to the production of green hydrogen, biofuel, and carbon capture technologies present great opportunities for sectors requiring high power intensity. Capital allocation and innovative financial mechanisms can also play a pivotal role in this economic shift.

Identifying the requirements of achieving Net-Zero while understanding the role the mobile industry can play in enabling a low-carbon economy continues to incentivize Zain to be proactive in this area. The traction in policy reform gained throughout our markets emphasizes the need for cross-collaboration between governments, other businesses, subject matter experts, and NGOs to embed a sustainability mindset across our communities. Undeniably, the impact of climate change in the MENA region could lead to irreversible damage to livelihoods, species and entire ecosystems. The transition to a Net-Zero existence is no longer an option anymore, it is the only way towards a sustainable future and technology remains an instrumental tool in achieving this.