The current low pricing policies of resources in the majority of Arab countries have been promoting unsustainable consumption and production patterns leading to more resources depletion. Low pricing and across the board non-targeting subsidies have resulted in domestic over-consumption of resources and the absence of incentives to achieve resources efficiency. This calls for a paradigm shift in policies and policy development. Reforming pricing schemes would improve resources efficiency, enhance economic and climate resilience, lessen burdens on governments’ budgets, and help achieve the newly adopted SDGs and mandates of the Paris 2015 Climate Summit.
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