Non-Oil GDP Share: 70.5% ▲ +9.5pp vs 2017 | QS Ranking — SQU: #334 ▲ ↑28 places | Fiscal Balance: +2.8% GDP ▲ 3rd surplus year | CPI Rank: 50th ▲ +20 places | Global Innovation Index: 69th ▲ +10 vs 2022 | Green H₂ Pipeline: $30B+ ▲ 2 new deals 2025 | Gross Public Debt: ~35% GDP ▲ ↓ from 44% | Digitalised Procedures: 2,680 ▲ of 2,869 target | Non-Oil GDP Share: 70.5% ▲ +9.5pp vs 2017 | QS Ranking — SQU: #334 ▲ ↑28 places | Fiscal Balance: +2.8% GDP ▲ 3rd surplus year | CPI Rank: 50th ▲ +20 places | Global Innovation Index: 69th ▲ +10 vs 2022 | Green H₂ Pipeline: $30B+ ▲ 2 new deals 2025 | Gross Public Debt: ~35% GDP ▲ ↓ from 44% | Digitalised Procedures: 2,680 ▲ of 2,869 target |
Encyclopedia

Carbon Neutrality

Definition of carbon neutrality and Oman's net-zero emissions commitment for 2050.

Carbon Neutrality

Definition

Carbon neutrality refers to achieving a net-zero balance between the amount of carbon dioxide emitted into the atmosphere and the amount removed or offset. An entity achieves carbon neutrality when its greenhouse gas emissions are fully compensated by reduction measures and carbon removal activities.

Context

Oman has committed to achieving national net-zero emissions by 2050. This target requires transforming energy production, industrial processes, and land use practices while developing carbon capture capabilities and protecting natural carbon sinks such as mangrove forests.

Example

An Omani cement factory achieves carbon neutrality by reducing process emissions through technology upgrades, switching to renewable energy for power, and purchasing verified carbon offsets for residual emissions it cannot eliminate.