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Oman Vision 2040

2019PolicyAdaptation, MitigationMore details
Sectors: Economy-wide, Energy, Environment, Rural, Social development, Urban

Oman's vision 2040 sets out the future vision in Oman. It takes a specific approach in promoting environmental sustainability in Oman. In doing so, it highlights ways to overcome the environmental challenges that have been encountered over the years in Oman, prioritizes an effective eco-system to be implemented in Oman to protect the environment and encourage new infrastructures towards green economy, green strategies and renewable energy production.

The following are a list of objectives of Oman's vision 2040 regarding the environment:

·       promoting environmental ecosystem that are of high quality and free from pollution;

·       Sustainable use of and investment in natural resources and wealth to deliver high added value;

·       Renewable energy, diversified sources of energy, and rationalized consumption to achieve energy security;

·       A green and circular economy that addresses national needs and moves consistently with the global trends; and

·       Environmental awareness coupled with the effective implementation of sustainable consumption and production rules.

The vision also sets objectives of reduction of the share of oil production in the total GDP by 2030 and 2040. 

Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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Oman Vision 2040
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Oman Vision 2040
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  • increase GDP per unit of energy use to 14.57 or top 40 countries by 2030 and to 74.69 or top 20 countries by 2040Economy-wide · Target year: 2040
  • increase environmental performance index to 65.46 or top 40 countries by 2030 and to 74.69 or top 20 countries by 2040Economy-wide · Target year: 2040
  • increase share of renewables of total energy consumption to 20% by 2030 and 35-39% by 2040Energy · Target year: 2040
  • increase non-oil revenue to GDP ratio to 15% in 2030 and 18% in 2040Energy · Target year: 2040
  • increase non-oil share of GDP to 83.9% in 2030 and 91.6% in 2040Energy · Target year: 2040

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.