Zest in the news: Regulations on Middle East renewable energy industry starting to take shape
May 2023 Al-Monitor PRO Trend Report
Zest's Managing Director Jeffrey Beyer was interviewed for a two-part series by Harry Clynch, Al-Monitor's finance, politics and international affairs reporter.
The nascency of the renewables industry is reflected in the regulatory frameworks — or lack thereof — that exist in the Middle East and North Africa (MENA).
“Regulatory frameworks play a crucial role in encouraging growth in MENA’s renewable energy sector by providing a clear, stable and predictable legal and policy environment that helps to attract investment, spur innovation and promote the deployment of renewable energy technologies,” Jeffrey Beyer, founder and director of Zest Associates, a sustainability-focused consultancy firm based in Dubai, told Al-Monitor.
A formal set of laws “helps to reduce regulatory risk and provides a level of confidence for investors, developers and the supply chain.”
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