This study aims to generate insights into how countries that are currently heavily reliant on fossil fuel exports might be affected by a declining demand for fossil fuels and the resulting losses of export revenues as well as further macro-economic and associated employment effects in the future. The study further analyses how the anticipated global demand for carbon-neutral green hydrogen and its derivatives (such as green ammonia and methanol) could stimulate sustainable economic development and diversification and thereby offsets part of the losses in the fossil fuel sector. Thereby, the study investigates three exemplary case study countries, namely Saudi Arabia, […]
