IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i22p8410-d968880.html
   My bibliography  Save this article

Energy Transformation and the UAE Green Economy: Trade Exchange and Relations with Three Seas Initiative Countries

Author

Listed:
  • Adam Krzymowski

    (Department of International Affairs and Social Sciences, Zayed University, Abu Dhabi P.O. Box 144534, United Arab Emirates)

Abstract

In 2015, on the initiative of Poland and Croatia, the Three Seas Initiative (3SI) was adopted, combining economic and political cooperation between 12 countries of Central and Eastern Europe, located between the three seas of the Adriatic, the Baltic, and the Black Sea. Since then, there has been a dynamic relationship between these countries and the United Arab Emirates. Consequently, most 3SI states have signed economic cooperation agreements, establishing the Joint Economic Committees (JEC). Therefore, this manuscript aims to answer the research question to what extent the visits at the highest level support the trade exchange between the United Arab Emirates (UAE) and the 3SI countries. Another question is, what are the cooperation prospects related to the energy transformation and initiatives on the green economy for sustainable development? To find the answer, the author implemented quantitative methods together with case studies. The results show that regular top-level visits support trade. At the same time, the study demonstrates a strategic potential for energy transformation.

Suggested Citation

  • Adam Krzymowski, 2022. "Energy Transformation and the UAE Green Economy: Trade Exchange and Relations with Three Seas Initiative Countries," Energies, MDPI, vol. 15(22), pages 1-20, November.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:22:p:8410-:d:968880
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/22/8410/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/15/22/8410/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ahmed Samour & M. Mine Baskaya & Turgut Tursoy, 2022. "The Impact of Financial Development and FDI on Renewable Energy in the UAE: A Path towards Sustainable Development," Sustainability, MDPI, vol. 14(3), pages 1-14, January.
    2. Mohammed AlKhars & Fazlul Miah & Hassan Qudrat-Ullah & Aymen Kayal, 2020. "A Systematic Review of the Relationship Between Energy Consumption and Economic Growth in GCC Countries," Sustainability, MDPI, vol. 12(9), pages 1-43, May.
    3. Dalia Štreimikienė & Vidas Lekavičius & Gintare Stankūnienė & Aušra Pažėraitė, 2022. "Renewable Energy Acceptance by Households: Evidence from Lithuania," Sustainability, MDPI, vol. 14(14), pages 1-17, July.
    4. Wenting Cheng & Sora Lee, 2022. "How Green Are the National Hydrogen Strategies?," Sustainability, MDPI, vol. 14(3), pages 1-33, February.
    5. Jan L. Bednarczyk & Katarzyna Brzozowska-Rup & Sławomir Luściński, 2022. "Opportunities and Limitations of Hydrogen Energy in Poland against the Background of the European Union Energy Policy," Energies, MDPI, vol. 15(15), pages 1-23, July.
    6. Jintao Lu & Licheng Ren & Siqin Yao & Jiayuan Qiao & Wadim Strielkowski & Justas Streimikis, 2019. "Comparative Review of Corporate Social Responsibility of Energy Utilities and Sustainable Energy Development Trends in the Baltic States," Energies, MDPI, vol. 12(18), pages 1-21, September.
    7. Mohammad Sulieman Jaradat & Khaled Abdalla Moh d AL-Tamimi, 2022. "Economic Impacts of Renewable Energy on the Economy of UAE," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 156-162.
    8. Martin De Jong & Thomas Hoppe & Negar Noori, 2019. "City Branding, Sustainable Urban Development and the Rentier State. How Do Qatar, Abu Dhabi and Dubai Present Themselves in the Age of Post Oil and Global Warming?," Energies, MDPI, vol. 12(9), pages 1-26, April.
    9. Tholkappiyan Ramachandran & Abdel-Hamid I. Mourad & Fathalla Hamed, 2022. "A Review on Solar Energy Utilization and Projects: Development in and around the UAE," Energies, MDPI, vol. 15(10), pages 1-27, May.
    10. Adam Krzymowski, 2022. "Role and Significance of the United Arab Emirates Foreign Aid for Its Soft Power Strategy and Sustainable Development Goals," Social Sciences, MDPI, vol. 11(2), pages 1-18, January.
    11. Nicolae Marinescu, 2020. "Changes in Renewable Energy Policy and Their Implications: The Case of Romanian Producers," Energies, MDPI, vol. 13(24), pages 1-16, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adel Ben Youssef & Mounir Dahmani & Mohamed Wael Ben Khaled, 2024. "Pathways for Low-Carbon Energy Transition in the MENA Region: A Neo-Institutional Perspective," GREDEG Working Papers 2024-22, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shaima A. Alnaqbi & Abdul Hai Alami, 2023. "Sustainability and Renewable Energy in the UAE: A Case Study of Sharjah," Energies, MDPI, vol. 16(20), pages 1-30, October.
    2. Hosein Mohammadi & Sayed Saghaian & Bahareh Zandi Dareh Gharibi, 2023. "Renewable and Non-Renewable Energy Consumption and Its Impact on Economic Growth," Sustainability, MDPI, vol. 15(4), pages 1-13, February.
    3. Trivedi, Jatin & Chakraborty, Dipanwita & Nobanee, Haitham, 2023. "Modelling the growth dynamics of sustainable renewable energy – Flourishing green financing," Energy Policy, Elsevier, vol. 183(C).
    4. Halkos, George & Nomikos, Stylianos, 2021. "Corporate social responsibility: Trends in global reporting initiative standards," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 106-117.
    5. Ahmed Samour & Joshua Chukwuma Onwe & Nasiru Inuwa & Muhammad Imran, 2024. "Insurance market development, renewable energy, and environmental quality in the UAE: Novel findings from a bootstrap ARDL test," Energy & Environment, , vol. 35(2), pages 610-627, March.
    6. József Kádár & Martina Pilloni & Tareq Abu Hamed, 2023. "A Survey of Renewable Energy, Climate Change, and Policy Awareness in Israel: The Long Path for Citizen Participation in the National Renewable Energy Transition," Energies, MDPI, vol. 16(5), pages 1-16, February.
    7. Raad Al-Tal & Alaaeddin Al-Tarawneh, 2021. "The Impact of Government Effectiveness and Political Stability on Energy Consumption in the Selected MENA Economies," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 1-6.
    8. Magdalena Tutak & Jarosław Brodny & Peter Bindzár, 2021. "Assessing the Level of Energy and Climate Sustainability in the European Union Countries in the Context of the European Green Deal Strategy and Agenda 2030," Energies, MDPI, vol. 14(6), pages 1-32, March.
    9. Talan, Amogh & Rao, Amar & Sharma, Gagan Deep & Apostu, Simona-Andreea & Abbas, Shujaat, 2023. "Transition towards clean energy consumption in G7: Can financial sector, ICT and democracy help?," Resources Policy, Elsevier, vol. 82(C).
    10. Nasiru Inuwa & Sagir Adamu & Mohammed Bello Sani & Abubakar Muhammad Saidu, 2022. "Resource Curse Hypothesis in GCC Member Countries: Evidence from Seemingly Unrelated Regression," Biophysical Economics and Resource Quality, Springer, vol. 7(4), pages 1-10, December.
    11. Chuloh Jung & Naglaa Sami Abdelaziz Mahmoud, 2023. "Exploring Customer Behavior in Shopping Malls: A Study of Rest Areas in Dubai, United Arab Emirates," Sustainability, MDPI, vol. 15(12), pages 1-22, June.
    12. Jiangling Yu & Feng Ju & Muhammad Wahab & Ephraim Bonah Agyekum & Clement Matasane & Solomon Eghosa Uhunamure, 2022. "Estimating the Effects of Economic Complexity and Technological Innovations on CO 2 Emissions: Policy Instruments for N-11 Countries," Sustainability, MDPI, vol. 14(24), pages 1-15, December.
    13. Tang, Yi, 2024. "Nexus of natural resource depletion, corruption and financial inclusion on bio-diversity loss: A systematic study on corrupt economies," Resources Policy, Elsevier, vol. 92(C).
    14. Samour, Ahmed & Shahzad, Umer & Mentel, Grzegorz, 2022. "Moving toward sustainable development: Assessing the impacts of taxation and banking development on renewable energy in the UAE," Renewable Energy, Elsevier, vol. 200(C), pages 706-713.
    15. Lei, Wei & Yang, Jiaxin, 2022. "Does economic, political, and financial risk cause volatility in natural resources? Comparative study of China and Brazil," Resources Policy, Elsevier, vol. 77(C).
    16. Kinga Stecuła & Piotr Olczak & Paweł Kamiński & Dominika Matuszewska & Hai Duong Duc, 2022. "Towards Sustainable Transport: Techno-Economic Analysis of Investing in Hydrogen Buses in Public Transport in the Selected City of Poland," Energies, MDPI, vol. 15(24), pages 1-14, December.
    17. Sabah Mariyam & Logan Cochrane & Shifa Zuhara & Gordon McKay, 2022. "Waste Management in Qatar: A Systematic Literature Review and Recommendations for System Strengthening," Sustainability, MDPI, vol. 14(15), pages 1-23, July.
    18. Ajay Kumar & Jyotirani Gupta & Niladri Das, 2022. "Revisiting the influence of corporate sustainability practices on corporate financial performance: An evidence from the global energy sector," Business Strategy and the Environment, Wiley Blackwell, vol. 31(7), pages 3231-3253, November.
    19. Mladen Bošnjaković & Mato Galović & Jasmin Kuprešak & Tomislav Bošnjaković, 2023. "The End of Life of PV Systems: Is Europe Ready for It?," Sustainability, MDPI, vol. 15(23), pages 1-22, November.
    20. Zhang, Ren Jie & Razzaq, Asif, 2022. "Influence of economic policy uncertainty and financial development on renewable energy consumption in the BRICST region," Renewable Energy, Elsevier, vol. 201(P1), pages 526-533.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:15:y:2022:i:22:p:8410-:d:968880. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.