At a time where political momentum is growing everywhere in the world to cut greenhouse gas emissions to net-zero by 2050, how to avert a global climate catastrophe by Omar Razzaz from Amman tells us the following.
How to avert a global climate catastrophe
• Current global efforts to raise awareness and nudge and shame policymakers are necessary but not sufficient to prevent an existential climate crisis. Addressing the problem more effectively requires international governance arrangements that amount to a new social contract on global public goods
The hottest day on record in Jordan since 1960 was a staggering 49.3C, (120.7F) in July 2018, one month after I became prime minister. Jordan is not unique: heatwaves have been causing record-high temperatures in countries from Canada to Australia in recent years. The effects of climate change (including increased frequency and severity of floods, hurricanes, and droughts), while felt locally, demand a global response, which should set binding targets that take into account countries’ contributions to the problem and to the solution.
Jordan has been actively pursuing policies and programmes to reduce carbon dioxide emissions. Over the past 15 years, Jordan’s annual emissions per capita fell from 3.5 tonnes to 2.5 tonnes. But Jordan, like the vast majority of countries, accounts for a negligible share of global CO2 emissions – just 0.04% annually. So even if Jordan was to turn its whole economy green overnight, it would hardly make a dent. This does not absolve us of responsibility, but we cannot overlook the fact that emissions are concentrated: the top 20 emitters account for almost 80% of the annual total, with the United States and China alone accounting for 38%. In many countries, the ramifications of climate change for water supply have been staggering. In the case of Jordan, it made an already tight constraint much more acute. Rainfall was previously the saviour for rural communities that engaged in seasonal rainfed agriculture and herding on semi-arid land. Over the last decade, however, a steady decline in average annual rainfall and an increase in the frequency and severity of droughts have undermined these modes of agriculture, deepening the socioeconomic divide between rural and urban areas.
Jordan is by no means unique: the World Health Organisation estimates that half of the world’s population will be living in water-stressed areas by 2025. In essence, what was previously a regional challenge has now become a serious global governance issue with environmental, political, and economic ramifications. More broadly, other manifestations of climate change, and the lack of an internationally coordinated response to them – not to mention to additional threats such as the Covid-19 pandemic – suggest that something is seriously wrong at the global level. According to the recent sober assessment by the United Nations Intergovernmental Panel on Climate Change, the world will not meet the 2015 Paris climate agreement goal of limiting global warming to well below 2C unless it makes huge additional cuts in CO2 emissions.
Quite simply, the results of the world’s climate efforts are dangerously inadequate. According to the Climate Action Tracker, current policies put the world on course to be an alarming 2.7-3.1C warmer by 2100, relative to pre-industrial levels. Yes, many emerging green technologies are promising and should be supported. But in the absence of a global approach, these innovations risk merely redistributing the impact of climate change among countries and regions. Raising awareness and nudging (and shaming) policymakers is necessary, but not sufficient to avert what UN Secretary-General Antonio Guterres has referred to as a “climate catastrophe.” Climate-change mitigation must be pursued as a global public good. The problem is that such goods are plagued by collective-action problems because the costs tend to be spatially and temporally concentrated while the benefits are diffuse. These difficulties can be tackled only by global governance structures that reduce the cost of collective action, internalise externalities, and counter short-term biases in decision-making. To address climate change more effectively, we need global governance arrangements that amount to a new global social contract. Existing international governance structures can serve as a foundation for these new institutions, but will need to be amended and supplemented to address specific problems related to public goods and collective action. For starters, we need a governance structure whose jurisdiction is limited to global public goods that cannot be provided adequately at the national level. Nation-states would be free to opt-in and opt-out, with the benefits of opting in outweighing those of opting out. Decisions would be taken on a majoritarian basis, with no single country having veto power. There would also be appeals and adjudication process that allows decisions to be challenged. Second, a custodial entity would keep track of global natural wealth accounts to address intergenerational equity issues. This entity should be able to place items on the global governance institution’s agenda and to appeal decisions. Lastly, a regime of incentives and disincentives would aim to preserve nature and biodiversity and tax those who consume it, taking wealth and income disparities across countries into account. Establishing global governance mechanisms that focus on the public goods and collective-action challenges of climate change will not be easy. Concerns and fears related to a “democratic deficit” and the need to protect national sovereignty are legitimate, and cannot simply be brushed aside. Nevertheless, we are not starting from scratch. The World Trade Organisation provides an example of a strong and successful global governance structure with binding rules. It is thus both ironic and sad that the WTO has failed to incorporate trade-related environmental and human-rights issues into its regulations in order to ensure a level international playing field. After all, with its sanctioning authority, the WTO is best positioned to link issues such as greenhouse-gas emissions and labour rights to trade rules.
Jordan cannot successfully tackle today’s global climate challenges on its own. Nor can the Middle East, owing to regional conflicts and rivalries. Now that the world has become a village, the task facing the region is instead to agree with other countries – our fellow villagers – on how to mitigate our own excesses and avert an existential threat. This can be achieved only by finding suitable ways to hold ourselves and each other accountable. The solution lies in establishing a global governance system that is based on the nation-state but has the capacity to sanction harmful behaviour. Some might regard the idea of creating such a structure as far-fetched. But unless we do, there is scant hope of preventing the climate crisis – already apparent in Jordan and around the world – from continuing to destroy countless lives and livelihoods. – Project Syndicate
• Omar Razzaz is a former prime minister of Jordan.
The World Economic Forum (WEF)’s article is a snapshot, at this conjecture, of the current vital decarbonisation awareness process throughout the world. In it, Ekaterina Miroshnik and Adam Sieminski ask How can we get hydrocarbon-rich nations to board the EV wagon? So here are the authors’ answers.
How can we get hydrocarbon-rich nations to board the EV wagon?
As the fourth largest source of carbon emissions, global transport must decarbonize.
Near-term reductions are most feasible in the light-duty vehicle sector.
Supply-side policies could be more effective in encouraging hydrocarbon-rich states to participate.
Hydrocarbon fuels account for more than 80% of commercially traded energy consumption. The abundance, convenience and affordability of fossil fuels have generated economic growth and made life better for billions of people. But the emissions and climate challenges associated with combustion are significant, and policy-makers around the world must limit the rise in global temperatures caused by greenhouse gas (GHG) emissions.
Global transport is the fourth largest source of GHGs, producing about 23% of global energy-related CO2 emissions. About 73% of transport emissions come from road vehicles including cars and trucks, 22% from planes and ships, and 1% from trains. GHG emissions reduction in transport is expected to significantly contribute to meeting the Paris Agreement goals.
GHG emission reduction from long-range heavy-duty transportation (trucks, trains, ships, planes) will likely require substantial R&D breakthroughs and policy interventions, because green technologies for these vehicle segments are not yet commercial. The majority of near-term GHG emission reductions in the transport sector are projected to come from electrification of light-duty vehicles (LDVs) as well as buses, where such technology is already commercial.
Governments globally have adopted various policies to support LDV electrification. Tax and other incentives to reduce the upfront price of electric cars are among the most commonly used policy levers. Using such a model, Norway, a hydrocarbon-rich economy, achieved the highest penetration of EVs in Europe. However, such measures can be expensive. The cost of reducing tailpipe CO2 through subsidies to EV alternatives can be as high as $1,000 per ton, significantly higher than other approaches to reducing carbon.
Demand-side measures can incentivize consumers, but also act to spur the automotive industry by helping the automakers recover their R&D investments on EVs and by allowing them to charge relatively higher prices for EVs. These incentives are part of governmental energy and environment policy, and industrial policies, designed to support local innovation and manufacturing.
Incentivizing the fossil fuel hubs
Demand-side policies are difficult to justify in countries without a local EV manufacturing industry, as is currently the case with countries in the Middle East and North Africa (MENA) region. Additionally, market barriers to EVs in the MENA region and in Eurasia are exacerbated by the policies that tend to favour hydrocarbon fuels use, reducing consumer incentives to adopt electric vehicles by lowering their operational cost advantage. Though government support for fossil fuels is phasing out over time in most MENA countries, economies in Eurasia have been taking very slow steps in this area.
An alternative approach for the regions with an abundance of fossil fuels, especially if the goal is long-term GHG emissions reduction that is also highly cost-effective, is to emphasize technology-neutral supply-side policies, such as fuel economy standards. Such policies are based on a combination of more stringent technology-neutral performance standards with credit-based mechanisms to incentivize the uptake of lower emission vehicles. Such technology-neutral standards offer the possibility of utilizing high-efficiency gasoline-electric hybrids or high-compression internal combustion engine vehicles as affordable interim solutions. In the longer term, there is the possibility of utilizing alternative technologies once they become available, including mobile carbon-capture technology.
Saudi Arabia, led by the Saudi Energy Efficiency Center, is among the first MENA countries to have adopted fuel economy standards. Outside the region, another example includes the recent revision in the European Union’s CO2 emission standards for LDVs. In such a case, the speed and extent of GHG emissions reduction depends on how stringent the implemented standards prove to be.
While an EV is emission-free on the road, it is useful to calculate the net carbon emissions associated with using one by considering the energy mix that provides the electricity to charge it. Ideally, the energy used to charge EVs should be generated from low-carbon or carbon-neutral sources, so that EV deployment results in overall net emissions lower than levels generated by internal combustion (ICE) engine vehicles.
Countries possessing significant shares of renewable energy like hydro, solar and wind in their energy mix are better suited for EV deployment. For example, countries such as Georgia and Tajikistan (both have a substantial share of hydropower) have increased investments in electric urban transport recently.
This does not mean that countries with inexpensive and abundant fossil fuels cannot still adopt EVs and reduce emissions. Hydrocarbon-rich nations can shift their generation from marginal sources toward lower-emission alternatives. For example, Saudi Arabia has announced an ambitious target aiming to generate 50% of its power needs using renewable energy by 2030, with the remainder provided by natural gas. Renewable electricity costs as well as battery costs for EVs, have been falling sharply. If the trend continues, EVs may eventually be suitable for general use in emerging markets, including in the MENA and Eurasia regions.
However, a rapid increase in demand for the core battery materials (e.g. cobalt, lithium), combined with constrained supply, may lead to significant increases in the cost of raw materials. Such increases could increase battery prices and ultimately electric vehicles prices, which could act as a barrier to EV adoption in the short term.
Another barrier is the lack of widespread EV charging infrastructure. Going forward, it we must build roads with an eye to a future where a significant proportion of vehicles could be EVs. This means that at the planning and design phase, road corridors need to be equipped with high-capacity EV chargers within existing fueling stations. To do so, in many cases it might be important to upgrade the local electrical grids and substations to handle these fast chargers, which consume significant energy.
Challenges like air pollution in cities continue to worsen, which should lead electorates exercising more pressure on local authorities to advance green policies. Cities are likely to become the e-mobility change champions in Eurasia (e.g., in Kazakhstan, Uzbekistan, Azerbaijan) with many embracing green development concepts and preparing green city action plans (GCAPs). GCAPs will focus on developing e-mobility strategies and prioritizing investments in electric transport (buses, trolleybuses, taxis, metro and light rail transport systems). The bottom-up pressure will encourage mayors and city councils to speed up electrification of transport, while greening electricity supply.
With the right policy mix and synergy between the power and transportation sectors, as well as supportive investment by multilateral development banks to eco-responsible governments, all countries – including those who most rely on fossil fuels – have an opportunity to reduce their transportation-based GHG emissions.
Ekaterina Miroshnik, Director; Head, Infrastructure, Eurasia, Sustainable Infrastructure Group, European Bank for Reconstruction and Development (EBRD) and Adam Sieminski, President, King Abdullah Petroleum Studies and Research Center (KAPSARC)
A new vision for the global trading system must encompass equitable access to the benefits of trade for all of society, and some nations have signalled support in this regard.
Reforms to trade policy could have a meaningful impact on domestic economic inequality if a range of concrete steps are taken.
The WTO, and trade policy and practice more generally, can be reframed to reflect the notion of economic justice, and the time to make this shift is now.
Divides and discrimination within countries along the lines of race, ethnicity, gender and Indigenous identity have resulted in longstanding social, economic and political challenges. The COVID-19 pandemic has further laid bare the stark inequalities among societal groups.
Yet resistance and restorative action have spread too. Social movements for racial justice in the United States have inspired similar initiatives in other countries. The #MeToo movement spotlighted sexual abuse and harassment and catalysed broader conversations about women’s participation in economic, social and political life. Meanwhile, some governments are coming to terms with their historical and current treatment of Indigenous peoples.
In this context, a new vision for the global trading system must encompass equitable access to the benefits of trade for all sections of society. This is an important aspect of building support for trade, as emerging research indicates that minority groups are often either negatively affected by trade shocks or do not have equitable access to the opportunities it provides.
Some countries have signalled support in this regard. For the first time, the US’s trade agenda includes the goal of racial equity. Canada, Chile and New Zealand signed a Global Trade and Gender Arrangement in August 2020. The relationship between trade and the rights of Indigenous peoples has been increasingly recognized in international economic agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Canada-United States-Mexico Agreement (CUSMA).
Understanding the problem
The effect of trade on inequalities between countries is well covered in economic literature. Differential trade impacts within countries among different income groups, between small and large firms, and on labour is well studied and discussed.
The effects of trade on different societal groups within countries – whether based on race, ethnicity, nationality, Indigenous identity or gender – has received less attention. This may be because domestic policies are considered the most direct way to tackle these inequalities. However, trade constitutes 58% of global GDP and is an important aspect of economic empowerment. And, while domestic policies can help with inequities created by trade if properly designed, reforms to trade policy could also have a meaningful impact on domestic economic inequality if a range of concrete steps are taken.
Developing and implementing inclusive policy
Better policymaking begins with better data. Governments should understand the industries that underserved populations are most likely to own and work in or rely on for inputs and final products. For instance, in 2016, minority-owned businesses represented 19% of US firms, but only 12.8% of US manufacturing firms. Governments should examine tariff lines to determine if they are discriminatory against those sectors that have a disproportionate representation of minority businesses and workers.
Underrepresented groups must be actively invited to participate in developing trade policy and negotiating positions. The advantages of such engagement were apparent in the provisions for Indigenous peoples in Canada’s trade agreements, for instance. New Zealand has carved out exceptions in their agreements to respect commitments made to Māori.
Trade agreements can also improve labour standards and remove discrimination against minority, migrant and female workers through labour chapters. These should include commitments by advanced economies to support and build capacity for the implementation of the necessary domestic reforms by trading partners.
Technical assistance and capacity building efforts that often accompany trade agreements must take into account equity considerations. Organizations should actively measure impacts of their initiatives on women and minority groups.
Inclusive trade in practice
Businesses also have an important role to play in enabling inclusive trade. Many have stepped up to publicly support movements for minority rights and inclusion. Investments in minority businesses can help raise the overall wellbeing of underserved communities. Supplier diversity programmes can support women-owned, minority-owned and Indigenous businesses to meet procurement standards, access financing and comply with export and import requirements.
Access to trade finance for micro-, small- and medium-sized enterprises (MSMEs) could result in major gains for those underrepresented groups and for the broader economy. The IFC estimates that 70% of women-owned formal MSMEs in developing countries are unserved (or underserved) by financial institutions, with an estimated funding gap of $285 billion.
New technologies and digitalization can also make trade more inclusive – whether by enabling MSMEs to connect and transact with international buyers, providing natural language processing for translation, or automating trade processes that might otherwise lend themselves to discriminatory practices.
Public-private partnership for economic inclusion
Active engagement by all stakeholders at all stages of the process – from research, consultation and policy development to implementation and capacity-building – will be essential in realising a truly inclusive approach to trade.
Businesses and civil society organizations have an opportunity to voice support for government action through the World Trade Organization on these issues in the runup to the 12th Ministerial Conference. Moreover, governments can work with the private sector and civil society organizations to create programs like trade finance guarantees targeting underserved populations.
What is the World Economic Forum’s Sustainable Development Impact summit?
It’s an annual meeting featuring top examples of public-private cooperation and Fourth Industrial Revolution technologies being used to develop the sustainable development agenda.
It runs alongside the United Nations General Assembly, which this year features a one-day climate summit. This is timely given rising public fears – and citizen action – over weather conditions, pollution, ocean health and dwindling wildlife. It also reflects the understanding of the growing business case for action.
The UN’s Strategic Development Goals and the Paris Agreement provide the architecture for resolving many of these challenges. But to achieve this, we need to change the patterns of production, operation and consumption.
The World Economic Forum’s work is key, with the summit offering the opportunity to debate, discuss and engage on these issues at a global policy level.
International trade has done yeoman’s work in lifting millions out of poverty, driving economic growth and encouraging economic integration that reduced incentives for armed conflict between nations. There are green shoots that make the current moment an ideal time for trade to address domestic socio-economic divides.
We believe that the World Trade Organization, and trade policy and practice more generally, can be reframed to reflect the notion of economic justice and that the time to make this shift is now.
Read the Global Future Council on Trade and Investment paper on “International Trade and Economic Justice” here.
Hadi Khatib on AMEInfo of 18 September 2021 came up with this deep statement on the anxiety list for MENA entrepreneurs that is long, as is the one curing it
The anxiety list for MENA entrepreneurs is long, as is the one curing it
A research report on the mental health challenges and wellbeing of entrepreneurs due to COVID-19 in the MENA region revealed anxiety has several facets in the minds of these leaders. But all of these insecurities have cures.
55% of startup founders said that raising investment has caused the most stress.
More than 95% of entrepreneurs view co-founders as family members and/or friends.
Research finds that entrepreneurs are happier than people in jobs.
EMPWR, a UAE-based digital media agency dedicated to mental health and an exclusive mental health partner for WAMDA and Microsoft for startups, published a research report on the mental health challenges and wellbeing of entrepreneurs due to COVID-19 in the MENA region.
The research indicated that startup founders undergo higher levels of stress than the rest of the region, with twice the likelihood of developing depression issues.
55% of startup founders said that raising investment has caused the most stress; the pandemic was the second most-cited reason cited by 33.7% of respondents. 44.2% spend at least 2 hours a week trying to de-stress.
Other insights, uncovered by the report, include:
A good relationship between co-founders can help startups navigate the pandemic-hit market. More than 95% of entrepreneurs view co-founders as family members and/or friends
Many entrepreneurs live well below their means to fund their ventures, leading to stress that is detrimental to their health
With only 2% of healthcare budgets in the MENA region currently spent on addressing mental health, the impact of the COVID-19 pandemic on young entrepreneurs and achievers could lead to an economic burden of $1 trillion, by 2030, according to the report.
EMPWR’s MENA partners shared special offers on their mental health services for the region’s entrepreneur community.
From Saudi Arabia:
Labayh is offering the technology ecosystem a 20% discount on their online mental health services for 2 months. Promo code: empwr, with the offer valid until October 29.
O7 Therapy are offering 50% off their online mental health services, for 50 Entrepreneurs in the MENA region. Promo code: Entrepreneur50, valid until December 1, 2021.
From the UAE:
My Wellbeing Lab is offering 20 one-on-one coaching sessions to entrepreneurs that wish to be coached and helped; alongside unlimited access for any entrepreneur to their “Discovery Lab”, a platform that gives entrepreneurs and leaders insights into their mental wellbeing as well as their teams. Promo code: MWL21.
Takalam is offering 10% off for 3 months. Promo code: Impact.
Mindtales is offering the MENA ecosystem 50% off their services for one month. Their App can be downloaded here.
H.A.D Consultants is offering 20 one on one coaching sessions to entrepreneurs. Promo code: HAD_SME01.
Nafas, a meditation app focused on reducing stress, anxiety, and help with insomnia, is offering access to its platform. Register as a user via this link to redeem benefits.
Entrepreneurs’ mixed emotions
Entrepreneurs must grapple with uncertainty and being personally responsible for any decision they make. They likely have the longest working hours of any occupational group and need to rapidly develop expertise across all areas of management while managing day-to-day business.
Work on the economics of entrepreneurship traditionally assumed that entrepreneurs bear all the stresses and uncertainties in the hope that over the long term they can expect high financial rewards for their effort. It’s false.
2. Highly stressful, but…
High workload and work intensity, as well as financial problems facing their business, are at the top of the entrepreneurs’ stress list.
But some stressors have an upside. While they require more effort in the here and now, they may lead to positive consequences such as business growth in the long term. Some entrepreneurs appear to interpret their long working hours as a challenge and therefore turn them into a positive signal.
3. Autonomy is both good and bad
The autonomy that comes with being an entrepreneur can be a double-edged sword. Entrepreneurs can make decisions about when and what they work on – and with whom they work. But recent research into how entrepreneurs experience their autonomy suggests that, at times, they struggle profoundly with it. The sheer number of decisions to make and the uncertainty about what is the best way forward can be overwhelming.
4. An addictive mix
The evidence review confirms that, by any stretch of imagination, entrepreneurs’ work is highly demanding and challenging. This, along with the positive aspects of being their own boss coupled with an often competitive personality, can lead entrepreneurs to be so engaged with their work that it can become obsessive.
So the most critical skill of entrepreneurs is perhaps how they are able to manage themselves and allow time for recovery.
Stress management tips for entrepreneurs
Identify what the actual source of your stress is. Is it tight deadlines, procurement issues, raising capital, managing investors’ expectations, building a talented team, or delay in landing the first sale for your new startup business?
Even if numbering more than a few, break them down because unmanageable tasks look simpler when broken down into smaller segments. Then, list down how you plan to successfully tackle each issue. Meanwhile, exercising multiple times a week has been rated as one of the best tactics for managing stress.
Another technique for handling stress is to take a break. Rest as much as you can before going back to continue with the tasks. It’s also a good idea to reach out to friends, family, and social networks because they are likely to understand what you’re going through and offer words of wisdom and courage.
Stay away from energy-sapping junk food. Eating healthy keeps you fueled for the next challenge. Finally, get enough sleep, and power naps. Sleep helps your body and mind recover.
Hadi Khatib is a business editor with more than 15 years of experience delivering news and copy of relevance to a wide range of audiences. If newsworthy and actionable, you will find this editor interested in hearing about your sector developments and writing about them. He can be reached at: email@example.com
FIOR Reports post By Becca Roberts on Smart Cities as to How Technology Is Helping To Rebuild War-Torn Regions could be made good use of in several of the MENA region’s broken and/or stagnating countries.
Smart Cities: How Technology Is Helping To Rebuild War-Torn Regions
The above image is of Part of the new Heydar Aliyev Center in Baku, Azerbaijan, which was built as part of extensive redevelopment efforts on the former Soviet territory. Image: Bojan Stojkovski / ZDNet
For more than three decades, the disputed Nagorno-Karabakh region has been at the center of much disagreement between the neighboring Caucasian states of Armenia and Azerbaijan.
The city of Agdam once had a population of 30,000 but was hit hard by the conflict. Now it’s a ghost town.
Since it began in 1988, the conflict over the region has also produced more than a million refugees and internally displaced persons (IDPs). Now as Azerbaijan seeks to gradually rebuild the country hit by the struggle, authorities hope technology can play a central role in encouraging citizens to return to the region by creating smart cities and villages that offer better ways of life encourage.
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According to Anar Valiyev, urban planning expert and associate professor at ADA University in Baku, building new communities supported by digital amenities will make the region more attractive not only to returnees but also to those who have stayed in the region Conflict.
The first planning phase is followed by a pilot project in which a number of “smart villages” – referred to as Aghaly-1, Aghaly-2 and Aghaly-3 – are being built in the Zangilan region of Nagorno-Karabakh. More than 200 houses are being built here from innovative building materials such as recycled steel and precast concrete and connected to intelligent electricity, gas and waste disposal companies.
“Alternative energy sources are used for all residential buildings, social facilities, office buildings, restaurants, processing and production of agricultural products.”
Bridging a digital divide
Building new, digitally supported communities will also serve to bridge the gap between the Azerbaijani capital Baku and other urban and rural areas.
Such projects could also entice young Azerbaijanis to move to the Nagorno-Karabakh region in search of new opportunities. Eldar Hamza, 26, is one of them.
During the first Nagorno-Karabakh conflict, Hamza’s family was evicted from the town of Fizouli, which had a population of around 17,000 before the war but became a ghost town after they escaped.
“I also believe that most of them will return to live here if there are opportunities for large companies to lay off workers in the area.”
Eldar Hamza, 26, now works as a tour operator in Baku after his family was displaced by the first Nagorno-Karabakh conflict.
The nearby city of Agdam is also being rebuilt. Before the conflict, the city had almost 30,000 residents. Now, like Fizouli, it is practically deserted.
“We are in the planning phase and are now designing various locations,” said Emin Huseynov, Azerbaijani economist and special representative in the Agdam district, opposite ZDNet. “But the most important [part] is the basic infrastructure that is being made now. When it’s done, we’ll start building the city. “
The development of smart cities should be a boon to Azerbaijan’s ICT industry, which is still in its infancy, and its oil-oriented economy.
In 2016, ICT was one of eleven economic sectors identified by the Azerbaijani authorities as being of strategic importance to the country. The country has now adopted a strategic roadmap for its development; However, according to a report by IPHR and Azerbaijan Internet Watch, the ICT sector represented only 1.6% of Azerbaijan’s total GDP in 2020.
“I think that the ICT sector will develop faster because the development of smart cities also requires faster development of information technology,” Valiyev told ZDNet Informatik und Systemtechnik.
There is also great interest in IT and agriculture. Dmitry Andrianov, founder of Baku-based tech magazine InfoCity, says the development of smart cities and smart villages in the liberated areas of Karabakh should prove to be an incentive for the advancement of the Azerbaijani technology sector and points to the growth of the young IoT startup Sumaks and agritech startup Kibrit.
“All of this helps to create sustainable demand for young IT specialists,” says Andrianov.
Originally posted on Jayson Casper: Man walking past voting wall, Marrakesh, Morocco For the first time in his life, Rachid Imounan cast a vote—and overturned Morocco’s Islamist-oriented government. He is not alone. Turnout surged to 50 percent as liberals routed the Justice and Development Party (PJD), which led the North African nation’s parliament the past…
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