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4.32. (...) On 3 December 2020, Energy Development Oman (EDO), a joint stock company between Petroleum Development Oman (PDO) and a number of investments, was created by a Royal Decree. The Government transferred its interest, rights, and obligations under Block 6 to EDO, which has a mandate to invest in conventional as well as renewable and alternative energy resources.

4.38. The [In-Country Value (ICV) Blueprint] Strategy also benefits the development of local suppliers , in particular for small and medium-sized enterprises (SMEs) servicing the needs of the oil and gas sector, such as health, safety and environment advisory services, (...).

4.46. (...) In 2017, Oman adopted a target of having at least 10% of electricity output from renewable energy sources by 2025, primarily onshore wind and solar; in 2020, the target changed to 30% by 2030. As at end 2020, there was only a total capacity of 150 MW from wind sources in operation. There are 13 projects planned for the future: 4 photovoltaic (PV) solar projects with a total capacity of 1,600 MW, 2 wind projects with 250 MW of combined capacity, 2 waste-to-energy/biogas projects with 250 MW total capacity, and 5 small-scale solar PV schemes with a combined capacity of 160 MW. Additionally, the authorities also launched a solar rooftop initiative, allowing private customers to sell their extra electricity generated from rooftop solar PV back to the Oman Power and Water Procurement Company (OPWP).

4.48. The Rural Areas Electricity Company (RAEC) is a vertically integrated entity, serving the vast rural areas. On the RAEC, there are two generation plants: one is diesel-fired and the other is solar-powered.

1.2 (...) The Kingdom is striving to move from an oil-based economy to a globally competitive, productive, sustainable, and diversified economy backed by a solid regulatory framework creating an attractive domestic and foreign investment environment lead by a committed agile government working together with the private sector towards a sustainable future.

1.3. The Government of the Kingdom of Bahrain led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, focuses on the principles of fairness, competitiveness, and sustainability to shape the vision of the Government, society, and the economy. The Vision 2030 also addresses the Sustainable Development Goals 2030 (SDGs).

1.4. (...) The Kingdom of Bahrain is currently amid the process of implementing the government plan for the years (2019-22) focuses on the achievements of the Kingdom and its people in the light of the fiscal balance programme that aims at creating balance between public expenditure and revenues to achieve (...) sustainable development. The government plan (2019-22) is based on the following strategic priorities: (...) c) Supporting an Enabling Environment for Sustainable Development.

1.5. Bahrain is looking forward to achieving the following general objectives through its Government Action Plan (2019-22): (...) e)Optimize the use of resources and ensure their sustainability for the next generations. (...).

3.1. The Government of Bahrain has implemented several policies and passed a number of regulations to enhance the legislative framework for sectors that support economic growth, including the following commercial legislations: (...) c) Law No. (5) of 2021 Regulating and Controlling International Trade in Endangered Species of Wild Fauna and Flora. (...).

3.3. Between its establishment in 2010 and the end of 2019, Bahrain Chamber for Dispute Resolution (BCDR) registered 282 cases equivalent to USD 1.44 billion, which covered disputes arising in (...) waste management.