Overview
Oman’s Carbon Neutrality 2050 strategy outlines the Sultanate’s commitment to achieving net zero carbon emissions by 2050, announced by Sultan Haitham bin Tariq at COP27 in 2022. This commitment positions Oman among the first Gulf states to set a formal net zero target and reflects the country’s recognition that climate action and economic diversification are complementary rather than competing objectives. The strategy encompasses a comprehensive approach including expansion of renewable energy capacity, development of green hydrogen production and export infrastructure, improvement of energy efficiency across industrial and building sectors, carbon capture and storage deployment, and natural ecosystem conservation for carbon sequestration.
Key Facts
- Net zero carbon emissions target announced at COP27 in 2022
- Comprehensive strategy covering energy, industry, transport, and land use
- Targets significant expansion of renewable energy in the electricity mix
- Green hydrogen production and export as a key decarbonization pathway
- Carbon capture, utilization, and storage in industrial applications
- Energy efficiency improvements across buildings and industrial processes
- Methane reduction targets in oil and gas operations
Significance for Vision 2040
The Carbon Neutrality 2050 commitment is deeply intertwined with Vision 2040’s economic transformation agenda. By investing in renewable energy and green hydrogen, Oman creates new export industries that replace hydrocarbon revenues with clean energy revenues, directly supporting economic diversification. The climate commitment also enhances Oman’s attractiveness to international investors and development finance institutions that increasingly apply environmental criteria to investment decisions. Meeting the 2050 target requires building a skilled workforce in renewable energy, hydrogen technology, and environmental management, supporting Vision 2040’s human capital objectives. The strategy also positions Oman favourably in international trade as carbon border adjustment mechanisms become more prevalent in key export markets.