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Regional programmes · Middle East and North Africa

Middle East and North Africa region

The Middle East and North Africa programme addresses some of the most water-stressed systems on earth, the transition of major energy economies, extreme heat, and maritime and overland corridors of global importance. Each country keeps control of its data and its decisions. The Global Risks Alliance (GRA) offers the financial perspective: energy-transition exposure in sovereign and public balance sheets, trade-finance and maritime-insurance questions for strategic corridors, and compute concentration in regional financial centres. The programme is forming. See Regional programmes.

Institution
The Global Risks Alliance (GRA)
Service level
R0: information and enquiries

Community workspace

GRA · Middle East and North Africa…

5 requests to reviewGRA · GRA

Working groups

Exposure WG4011Week 16Active
Triggers WG99Week 22Active
Capital WG407Week 19Active
Readiness track118Week 2Active

Join requests

  1. J-1Hydrologist, early careerExposure WG4 d
  2. J-2Utility engineerTriggers WG4 d
  3. J-3Conflict of interest to declareCapital WG3 d

Contributions

Proposed01
Readiness dossiercredit: named
In review01
Exposure aggregation buildtwo reviewers
Accepted01
Readiness dossiercredited on record

GRA · Community workspaceCommunity workspace, in outline: domain structure with placeholder names and illustrative values, not a record.

01In brief

The short answer.

The Middle East and North Africa region, seen from GRA, is the Nexus Consortiums region of water-stressed systems, major energy economies in transition, extreme heat and corridors of global importance. GRA offers the financial perspective, such as energy-transition exposure in sovereign and public balance sheets and trade-finance dependence; the region is forming.

02Spatial finance

A loan book under scenario families.

How physical and transition risk could reach a loan book under different scenarios. Illustrative design values.

A loan book across Europe under physical and transition risk.Design values; NGFS scenario names are labels only, not stress test results.
03Coverage and state

What exists in this region today.

ElementCurrent state
Programme stateForming
Regional hostNone on record; the region is in formation
Planned hubsUnited Arab Emirates, Saudi Arabia: planned coordination roles, not offices
Regional deskmiddleeastnorthafrica@therisk.global, a desk of the Consortium Secretariat
GRA service levelR0: information and enquiries

Countries in the region are research coverage. A country or hub named on this page is not a GRA office, member or partner, and a planned hub is not an operating site.

04Risk-finance architecture

Instruments already on the public record.

Instrument or bodyWhat it does in the region
Islamic Financial Services Board standardsPrudential standards for Islamic banks and takaful operators
Sovereign wealth funds and the Santiago PrinciplesGovernance of large state investment funds, several of which report against the principles
Debt sustainability analysesIMF frameworks for market-access and low-income borrowers in the region
05Spatial reading

How GRA reads the region's exposure.

Water scarcity, extreme heat and the energy transition are the region's defining financial risks. GRA reads water stress and heat layers against agriculture, utilities and industrial assets, and transition pathways against hydrocarbon revenue for fiscal context. Water evidence comes from GCRI groundwater and aquifers; energy evidence from GCRI energy security.

06Shared systems

Cross-border systems, read for their financial meaning.

Shared systemResearch questionFinancial reading
Water scarcity and desalinationHow do groundwater depletion, desalination capacity and energy supply interact under prolonged heat and drought?Utility and infrastructure credit; public liabilities for water supply
Energy transitionWhich grid, storage and export dependencies change as major producers expand renewable and hydrogen capacity?Transition exposure in public balance sheets and asset valuations
Strategic maritime corridorsHow would disruption at a strait or canal propagate through energy, food and container trade?Trade finance; marine and cargo insurance
Food-import dependenceWhich origin markets, ports and storage determine food-security exposure for import-dependent states?Import prices; food subsidies; fiscal exposure
Extreme heat and public healthWhere does heat combine with power, water and labour conditions to create health and productivity risk?Health spending; labour and demand shocks across holdings

The research questions come from the regional programme registry and are examined with evidence from The Global Centre for Risk and Innovation (GCRI). GRA's contribution is the third column.

07Financial questions

What the region's financial centres are designed to examine.

  • Energy-transition exposure in sovereign and public balance sheets.
  • Trade-finance and maritime-insurance questions for strategic corridors.
  • Technology and compute concentration in regional financial centres.
  • Readiness work on these questions follows the translation method; none is a finding until evidence is assembled and reviewed.
08Planned hubs

Coordination roles and their programme focus.

  1. 01

    United Arab Emirates

    Heat, desalination, power, compute, ports, logistics and development readiness.

  2. 02

    Saudi Arabia

    Heat, water, cities, industrial systems, compute and Red Sea dependencies.

Hub focus is taken from the consortium geography. Regional dialogue is convened by The Global Risks Forum (GRF); see GRF Middle East and North Africa region. Shared-system evidence is on GCRI Middle East and North Africa region. Other regions: Africa and Asia and the Pacific.

09Key terms

Terms used on this page.

Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.

TermDefinition
Fiscal breakeven priceThe commodity price at which a government's budget balances.
Transition riskFinancial risk from the shift to a lower-carbon economy, through policy, technology, market and reputational change.
Sovereign wealth fundA government-owned investment vehicle that holds financial assets for macroeconomic purposes, such as stabilisation, saving or pension pre-funding.
11Questions

Questions and answers.

Does GRA have an office in Middle East and North Africa?
No. GRA has no regional offices. The hubs listed are planned coordination roles in the consortium geography, and none is an operating site until its host decision is on record.
Are the financial questions findings?
No. They are the questions the regional programme is designed to examine. Findings appear only after evidence is assembled, labelled and reviewed.
Who do I contact about this region?
Regional programme enquiries go to the Consortium Secretariat's regional desk at middleeastnorthafrica@therisk.global, or to contact@therisk.global. Finance-readiness questions can go to readiness@globalriskalliance.com. The acknowledgement gives a reference and names the next step.
Do North African countries appear in two regions?
Yes. North African states take part in both this programme and the Africa programme, as research coverage in each.
The Global Risks Alliance

Start with an enquiry.

The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.