KUWAIT: The Economic Platform, a Kuwaiti media initiative focused on financial markets and corporate performance, held a dialogue session on Monday titled “Climate Change and Economic Challenges” to bolster the country’s sustainable development efforts. The discussion centered on two key themes: the economic impacts of climate change and strategies for adaptation and loss mitigation. The session was moderated by astronomy researcher Khaled Al-Jumaan and featured meteorologist Issa Ramadan, Kuwait Economic Society Secretary General Mohammad Al-Jouan, energy and construction researcher Dr Majed Al-Rashidi, and Building Information Modeling consultant Asmaa Al-Saleh.
Panelists outlined the main drivers of sustainable development in Kuwait, highlighting the interdependence of renewable energy, environmental considerations and infrastructure. They also evaluated the current national landscape in these areas, underscoring their direct connection to the country’s economic performance. Addressing the first theme, participants exchanged perspectives on the effects of climate change on key sectors, including renewable energy production, infrastructure, urban expansion and future development trends in the region. Each expert offered an individual assessment of current conditions and recent scientific findings related to climate, energy and infrastructure and their economic implications.
The moderator in charge of the dialogue session is astronomy researcher Khaled Al-Jumaan.
Director of the Economic Platform, Muhannad Youssef, during his opening speech.- KUNA photos
A number of specialists in the fields of economics, energy and the environment attended the dialogue session entitled ‘Climate Change and Economic Challenges’.
In the second theme, focused on adaptation and minimizing losses, the speakers stressed the need for modern strategies to confront climate-related economic challenges and maintain balance between growth and environmental responsibility. They called for a forward-looking vision that includes green urban planning, emission reduction, investment in renewable energy projects and enhanced infrastructure development.
Following the session, the participating experts are expected to convene to issue comprehensive recommendations on advancing sustainable development across various sectors of the national economy. Established in 2023, Economic is a Kuwaiti platform that blends in-depth analysis with visual storytelling on major economic and financial issues in Kuwait, the Gulf, the wider Middle East and beyond. — KUNA