Middle East 2023 Top 5 Trends to Watch in Sustainability

2022 Round Up: 

Commitments have been made towards emissions reductions by most countries in the GCC and the broader Middle East. Aspirations are increasing, and guidelines being defined, towards sustainability/circularity. This will drive new investments in cleaner fuels, water reuse, reduced energy usage, and reduced emissions (across supply chains and value chains).

Top 5 Trends to Watch in 2023

  1. Circular economy of water: Newer technologies will gain market share. Especially advanced membranes and bioreactors, anaerobic digestion, renewable desalination, and decentralized water/wastewater treatment systems.
  2. Secondary materials, not waste: As recycling/reuse gain traction, we can expect to see waste make a significant shift toward becoming secondary materials (that generate value).
  3. Investments in reducing emissions: 2023 will witness a shift in manufacturers’ approach toward emissions reduction as they feel the pressure from country commitments and customer requirements.
  4. Green taxonomy to evolve: Frameworks are being defined, creating a conducive environment for sustainability-linked investments.
  5. Sustainable feedstocks/low-carbon fuels on the rise: Fuels/feedstock have a critical role in contributing to the circularity commitments made by countries in the region

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About Abhay Bhargava, Vice President - Energy Environment, Industrial Practice, Frost Sullivan

Abhay is a business expansion specialist with thought leadership across the Energy, Sustainability, and Buildings sectors specializing in the core themes of digitalization, sustainability, geographic expansion, and localization. Holding 22 years of global experience across diversified industries, Abhay has extensive experience in the Middle East region, across Energy, Environment, Manufacturing, Managed S ervices & Industrial Automation.

He specializes in advisory and enablement, especially around strategy development, investment promotion, localization strategies, & mega trends, and has developed his experience by working across government
organizations, multinationals, family groups & conglomerates, and specialized companies.

Abhay’s knowledge leadership is reflected not just in his speaking engagements but also in how he has been invited to actively participate as a jury member for a number of prestigious awards in the Middle East
region ADIPEC (Oil and Gas) and MESIA (Solar) and in how his opinions on the industry have been frequently quoted in leading media publications across the Middle East.

Abhay Bhargava, Vice President - Energy Environment, Industrial Practice, Frost Sullivan

Abhay is a business expansion specialist with thought leadership across the Energy, Sustainability, and Buildings sectors specializing in the core themes of digitalization, sustainability, geographic expansion, and localization. Holding 22 years of global experience across diversified industries, Abhay has extensive experience in the Middle East region, across Energy, Environment, Manufacturing, Managed S ervices & Industrial Automation.

He specializes in advisory and enablement, especially around strategy development, investment promotion, localization strategies, & mega trends, and has developed his experience by working across government
organizations, multinationals, family groups & conglomerates, and specialized companies.

Abhay’s knowledge leadership is reflected not just in his speaking engagements but also in how he has been invited to actively participate as a jury member for a number of prestigious awards in the Middle East
region ADIPEC (Oil and Gas) and MESIA (Solar) and in how his opinions on the industry have been frequently quoted in leading media publications across the Middle East.

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