The systemic waste of natural resources in the Gulf is eroding economic resilience to shocks and increasing security risks. The six Gulf Cooperation Council (GCC) countries now consume more primary energy than the whole of Africa. Yet they have just one-twentieth of that
continent’s population. Almost 100% of energy is produced from oil and gas without carbon dioxide abatement. If the region’s fuel demand were to continue rising as it has over the last decade, it would double by 2024.