Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE

تحت رعاية صاحب السمو الشيخ محمد بن زايد آل نهيان، رئيس دولة الإمارات العربية المتحدة

Supported by

Dr. Sara Vakhshouri

Founder & President

SVB Energy International

Sara
Sara

Dr. Sara Vakhshouri is a globally renowned energy security strategist and humanitarian visionary who founded SVB Energy International, a prominent strategic consulting firm headquartered in Washington, DC, and Dubai. Additionally, she established SVB Green Access, a non-profit organization dedicated to promoting affordable and inclusive energy access programs in regions facing energy poverty challenges and addressing imminent water access issues. With over two decades of experience in the energy industry, Dr. Vakhshouri possesses unparalleled expertise in global energy market studies, energy security strategy, energy transition, national security, and geopolitical risk assessment. She teaches courses on Energy Security and Energy Diplomacy at Georgetown University's Walsh School of Foreign Service (SFS). She also teaches and serves as the Chair of the Center for Energy Security and Energy Diplomacy at the Institute of World Politics (IWP), Graduate School of National Security, Statecraft, and International Affairs. In addition, Dr. Vakhshouri holds the position of Senior Fellow at both the Oxford Institute for Energy Studies and the Canadian Global Affairs Institute. She is a member of the advisory board for the Romanian American Institute for Smart Energy (RAISE) and The National Capital Area Chapter of the United States Association for Energy Economics (USAEE). She is also the recipient of the 2024 IWP General Raymond Odierno Leadership Award. Throughout her career, Dr. Vakhshouri has provided invaluable counsel to numerous governments on energy strategy and energy roadmap development. She has also advised and shared her insights with public and private entities, along with international organizations such as the International Monetary Fund (IMF), the World Bank, the International Energy Agency (IEA), the Energy Information Administration (EIA), the International Energy Forum (IEF) and the Organisation Méditerranéenne de l’Énergie et du Climat (OMEC). From 2020 to 2022, she was a key member of the Energy Task Force of the Cyprus Climate Initiative, initiated by the President of the Republic of Cyprus. Dr. Vakhshouri’s contributions have been published in prestigious publications and journals, including The Economist, Oxford Energy Forum, Middle East Economic Survey, and Oil and Gas Journal. She has also contributed to energy research projects at various institutions, including the IEA, Oxford Institute for Energy Studies, Harvard University’s Kennedy School, CEDIGAZ, and the OMEC, among others. Dr. Vakhshouri has been the keynote speaker at renowned energy conferences worldwide, including the World Energy Congress, Platts Oil and Middle East Conferences, and the Global LNG Congress. She has also delivered keynote speeches at esteemed institutions such as Duke University, Rice University, Sciences Po University in Paris, and Johns Hopkins University and Chatham House. Frequently quoted and featured in major international media outlets including Bloomberg, the BBC, CNBC, The Financial Times, Reuters, Platts, The Wall Street Journal, Energy Intelligence, Foreign Policy, The Washington Post, Voice of America, and Fox News, Dr. Vakhshouri’s expertise is widely recognized. Her contributions also extend to chapters in various books and energy reports, including the World Energy Outlook 2018 published by the IEA. Dr. Vakhshouri’s educational background includes a PhD in Energy Security and Middle Eastern Studies, complemented by two MA degrees in Business Management (International Marketing), and International Relations.

Session Overview
Wednesday, 5 November
10:40
Emerging Economies ICC Hall B 10:40 - 11:20
How can oil-producing emerging economies be incentivised to diversify in a low-carbon world?

Oil price volatility creates an urgent diversification imperative for emerging economies. These nations must reduce revenue concentration, attract sustainable investment, and align with the global shift toward multilateral climate and trade frameworks. While multilateral initiatives like the Just Energy Transition Partnerships (JETPs) aim to support this shift, their effectiveness in oil-exporting economies remains uncertain, especially for countries where energy revenues underpin national budgets. Rather than abandoning their energy base, these economies must channel existing revenues into future-facing sectors and resilient infrastructure. Meaningful diversification requires global frameworks that enable low-carbon industrial growth while providing governments sufficient policy space to build economic resilience. Success hinges on regional trade integration, green industrial strategy, and financial tools that reflect national realities. With the right mix of incentives, finance, and autonomy, these economies can diversify more decisively and remain competitive in a changing energy system.

Attendee insights:

Explore how oil-exporting emerging economies can be incentivised to diversify through multilateral trade frameworks, unlocking investment and policy flexibility tailored to their economic needs and energy realities.

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