The Saudi capital Riyadh will host the work of the Saudi Green Initiative Forum (SGI) and the Middle East Green Initiative Summit (MGI) on Monday, to promote the emergence of innovative solutions to fight the climate crisis and generate new ideas and greater awareness for a sustainable future in Saudi Arabia and around the world.
The two meetings will be marked by the participation of several heads of state and government, leaders of large companies and international organizations, academics and representatives of civil society.
The participants will have to work on examining several axes relating to the efforts made for the protection of the environment, in particular in the context of the challenges related to climate change in the world.
The Saudi Green Initiative (SGI) is a program aimed at combating pollution and land degradation, increasing vegetation cover, reducing carbon emissions and preserving marine life. SGI will work in concert with the Green Middle East Green Initiative (MGI) which includes all states of the Gulf Cooperation Council (GCC) as well as other countries in the region. The overall goal is to plant 50 billion trees across the Middle East, the world’s largest reforestation program that involves restoring 200 million hectares of degraded land. In addition, the region’s carbon emissions are expected to be reduced by more than 60%, more than 10% of the reduction projected globally.
The two events should thus make it possible to define a roadmap that aims to mobilize the Gulf region and contribute to the global objectives in the fight against global warming through the increase in the use of clean energies, the compensation of the impact of the effects of fossil fuels and environmental protection.
The inaugural edition of SGI was opened on Saturday by HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince of Saudi Arabia and Deputy Prime Minister, who is also chairman of the Supreme Committee for Saudi Arabia’s Green Vision.
In his opening speech, the Crown Prince notably announced the launch of the first package of qualitative initiatives in the Kingdom, in order to define a roadmap for the protection of the environment and the fight against climate change, designed to help achieve SGI’s ambitious goals, according to the official SPA news agency. This first package of initiatives, he said, represents investments worth more than 700 billion Saudi riyals, which contribute to the development of the green economy, the creation of quality jobs and providing significant investment opportunities for the private sector, in line with the Kingdom’s Vision 2030, the agency reports.
The Kingdom of Saudi Arabia aims to achieve zero carbon by 2060 through the circular carbon economy approach, in accordance with its development plans enabling economic diversification, in accordance with the dynamic baseline, while preserving and strengthening the Kingdom’s leading role in the security and stability of global energy markets, in a context of availability and maturity of the technologies required to manage and reduce emissions.