World Bank2019-12-092019-12-092019-12-01https://hdl.handle.net/10986/32811This edition of the Gulf Economic Update explores the links between economic diversification and environmental sustainability. The analysis highlights the need to integrate environmental sustainability and ecosystem resilience considerations into the decision-making process on the diversification paths and options in the GCC countries.CC BY 3.0 IGOGULF COOPERATION COUNCILOILSOLAR POWEROIL PRICETAX REVENUERENEWABLE ENERGYECONOMIC GROWTHECONOMIC OUTLOOKDIVERSIFICATIONGulf Economic Update, December 2019ReportWorld BankEconomic Diversification for a Sustainable and Resilient GCC10.1596/32811