RIYADH: Ƶ’s climate envoy Adel Al-Jubeir said the Kingdom is one of the largest investors in clean energy and has huge projects aimed at reducing the effects of climate change and initiatives to enhance global climate action.
Al-Jubeir, who is also the Minister of State for Foreign Affairs and Cabinet member, added that these projects include a waste recycling program, Middle East Green Initiative, and one of the largest hydrogen schemes in the world, which is being established in NEOM.
During the Future Investment Initiative Institute’s Priority Summit in Brazil, he tackled the Kingdom’s role and efforts in energy development, and its goal to be one of the largest exporters of all types of energy, including clean, renewable and traditional energy.
He reviewed the most prominent objectives of the Saudi Vision 2030 and its focus on improving the quality of life, empowering youth and attracting investments to achieve stability, growth and prosperity in the Kingdom.
Al-Jubeir said the Kingdom is working to intensify its communication and rapprochement with the world to face climate challenges, as it is located between three continents, and is surrounded by the most important waterways. It is also one of the important countries in energy markets, and one of the investors in global markets.
FII Priority is a program that consists of summits, initiatives, and resolutions, focusing on humanity’s priorities, concerns, and hopes. The Rio de Janeiro summit is designed to deliver impactful change by transforming ideas into tangible solutions, according to the institute.