Weaving Sustainability Strategies in Supply Chain: A Carbon Trading Perspective

Addressing the evolving landscape of sustainable supply chains to integrate innovations in carbon trading is crucial for the MENA region. With rapid industrialization and economic growth hitting this region, environmental pressures are keeping pace. In this regard, though carbon trading schemes are a writ-large factor for mitigating climate change, strategic adaptation within pre-existing supply chains will be required if they are implemented. The challenge must be addressed not just to reduce carbon footprints but also to have lasting economic resilience with environmental sustainability in a region nearing very substantive sustainable development. This paper highlighted some of the critical factors associated with carbon trading and employed the Best-Worst method to rank, in order of importance, those factors. The results show Geopolitical considerations relatively high, at 0.218 for OC6, in understanding complex political dynamics that might prevail and impact strategic effectiveness. Finally, specific technical preconditions are required if carbon trading processes are to avoid failure and be reliable: data management and transparency ranked 0.249 (TC1) and the need for solid technology infrastructure, ranked highest at 0.270 (TC2).