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Saudi Green Initiative Launches 68 Programs

CEO of the Royal Commission for Riyadh City Fahd al-Rasheed. (Asharq Al-Awsat)
CEO of the Royal Commission for Riyadh City Fahd al-Rasheed. (Asharq Al-Awsat)
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Saudi Green Initiative Launches 68 Programs

CEO of the Royal Commission for Riyadh City Fahd al-Rasheed. (Asharq Al-Awsat)
CEO of the Royal Commission for Riyadh City Fahd al-Rasheed. (Asharq Al-Awsat)

The Riyadh Sustainability Strategy announced by Saudi Crown Prince Mohammed bin Salman launched over 68 ambitious sustainability initiatives covering five sectors: climate, energy production and efficiency, air quality, and water management.

CEO of the Royal Commission for Riyadh City Fahd al-Rasheed said the plan seeks to reduce carbon emissions and increase the share of renewable energy to 50 percent by 2030.

The plan also aims to improve waste management in the city by ensuring that "100% of our waste is used, recycled, recovered, and of course, reused."

It will inject $92 billion in sustainable initiatives and projects for the city and stimulate the private sector with investment opportunities.

Speaking at the Saudi Green Initiative forum, Rasheed said that environmental sustainability initiatives include investing $8 billion for water treatment and $15 billion for waste management projects to recycle waste as raw materials, reuse and convert it into energy by 94 percent.

Rasheed explained that the strategy would save the city's economy between $11 to $17.3 billion due to raising the efficiency of infrastructure, reducing energy and water consumption, and reducing the health bill on improved public health.

"We will increase the share of public transport in the city from 5 percent to 20 percent," he indicated, adding that the government is working to ensure that 30 percent of all vehicles in the capital will be powered by electricity by 2030.

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Riyadh and Tokyo to Launch Coordination Framework to Boost Cooperation

Saudi Ambassador to Japan Dr. Ghazi Binzagr. (Asharq Al-Awsat)
Saudi Ambassador to Japan Dr. Ghazi Binzagr. (Asharq Al-Awsat)
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Riyadh and Tokyo to Launch Coordination Framework to Boost Cooperation

Saudi Ambassador to Japan Dr. Ghazi Binzagr. (Asharq Al-Awsat)
Saudi Ambassador to Japan Dr. Ghazi Binzagr. (Asharq Al-Awsat)

Saudi Arabia and Japan are close to unveiling a higher partnership council that will be headed by the countries’ leaderships in line with efforts to build a partnership that bolsters the technical transformation and joint research in clean energy, communications and other areas, revealed Saudi Ambassador to Japan Dr. Ghazi Binzagr.

He told Asharq Al-Awsat that the two countries will soon open a new chapter in their sophisticated strategic partnership.

The new council will be chaired by Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Japanese Prime Minister Shigeru Ishiba to push forward the Saudi-Japan Vision 2030, he added.

The council will elevate cooperation between the countries and pave the way for broader dialogue and consultations in various fields to bolster political, defense, economic, cultural and sports cooperation, he explained.

The two parties will work on critical technological partnerships that will focus on assessing and developing technologies to benefit from them, Binzagr said. They will also focus on the economy these technologies can create and in turn, the new jobs they will generate.

These jobs can be inside Saudi Arabia or abroad and provide employers with the opportunity to develop the sectors they are specialized in, he added.

Binzagr said Saudi Arabia and Japan will mark 70s years of relations in 2025, coinciding with the launch of Expo 2025 in Osaka in which the Kingdom will have a major presence.

Relations have been based on energy security and trade exchange with Japan’s need for oil. Now, according to Saudi Vision 2030, they can be based on renewable energy and the post-oil phase, remarked the ambassador.

Several opportunities are available in both countries in the cultural, sports and technical fields, he noted.

Both sides agree that improving clean energy and a sustainable environment cannot take place at the expense of a strong economy or quality of life, but through partnership between their countries to influence the global economy, he explained.

"For the next phase, we are keen on consolidating the concept of sustainable partnerships between the two countries in various fields so that this partnership can last for generations,” Binzagr stressed.

“I believe these old partnerships will last for decades and centuries to come,” he remarked.

Moreover, he noted that the oil sector was the cornerstone of the partnership and it will now shift to petrochemicals and the development of the petrochemical industry.