The Rihla Handbook

A Guide to Accelerating Gulf Climate Finance in the Global South

Primary Author: Matthew MacGeoch (Policy Fellow, Bourse & Bazaar Foundation)

Publication Date: September 2025

The Rihla Initiative for Green Economic Growth is proud to release The Rihla Handbook: A Guide to Accelerating Gulf Climate Finance in the Global South.

In a world increasingly shaped by climate crises, the leaders will be those who dare to look beyond their borders, forge partnerships, and invest in a sustainable future for all. For the GCC, outward climate finance is not a diversion from national interests, it is their most strategic expression. It brings geopolitical leverage, economic diversification, resilience, reputation, and access to emerging markets. If they act now, the Gulf states can, and should, play a central, defining role.

Inside the Handbook, you’ll find the blueprint for how Gulf investments can power the green transition and advance economic growth in the Global South, particularly in:

  • Middle East and North Africa

  • Central Asia and the Caucasus

  • South and Southeast Asia

  • Sub-Saharan Africa