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Saudi Energy Minister, German State Secretary Discuss Climate Action, Clean Energy

Photo by SPA
Photo by SPA
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Saudi Energy Minister, German State Secretary Discuss Climate Action, Clean Energy

Photo by SPA
Photo by SPA

Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz met Wednesday in Riyadh with State Secretary and Special Envoy for International Climate Action at the Federal Foreign Office of Germany Jennifer Lee Morgan.
During the meeting, the two ministers discussed topics of mutual interest in the field of climate action and explored prospects of cooperation in the areas of clean energy and clean technologies, aiming to strengthen bilateral relations and achieve the goals of the Paris Agreement, the United Nations Framework Convention on Climate Change (UNFCCC), and the outcomes of its Conferences of Parties, SPa reported.
The two sides also reviewed Saudi Arabia’s efforts in renewable energy, clean energy technologies, clean hydrogen, energy efficiency, and emission management within the Kingdom's endeavors to lead the energy transition through local and regional initiatives, including the Saudi Green Initiative and the Middle East Green Initiative.

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Saudi Arabia to Invest $180 bl to Develop Green Economy

Saudi Minister of Economy and Planning Faisal Al-Ibrahim during the High-Level Political Forum for Sustainable Development 2024 in New York (AAWSAT)
Saudi Minister of Economy and Planning Faisal Al-Ibrahim during the High-Level Political Forum for Sustainable Development 2024 in New York (AAWSAT)
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Saudi Arabia to Invest $180 bl to Develop Green Economy

Saudi Minister of Economy and Planning Faisal Al-Ibrahim during the High-Level Political Forum for Sustainable Development 2024 in New York (AAWSAT)
Saudi Minister of Economy and Planning Faisal Al-Ibrahim during the High-Level Political Forum for Sustainable Development 2024 in New York (AAWSAT)

Saudi Minister of Economy and Planning Faisal Al-Ibrahim said that Saudi Arabia plays a pivotal role in achieving global climate-related goals, with more than 80 initiatives and investments exceeding $180 billion to develop the country's green economy, in addition to establishing its position as a leader in renewable energy.

In a speech he delivered during the High-Level Political Forum for Sustainable Development 2024 in New York, Al-Ibrahim stressed that Saudi Arabia is working to enhance sustainability locally, and is following an approach that includes all aspects of the economy and focuses on people to achieve the latent potential, in line with the goals of the Kingdom's Vision 2030.

“In Saudi Arabia, we realize that sustainable progress depends on creating and exploiting opportunities to improve the general standard of living and enhance the quality of life.”

Al-Ibrahim stressed the importance of developing a system for prioritization that enables countries to focus on the most effective policies and optimal solutions that achieve the maximum impact for the largest number of people within the shortest possible time to accelerate the pace of progress.

The Saudi delegation is participating in the 2024 High-Level Political Forum, which is being held at the United Nations headquarters in New York from July 8 to 18, under the slogan “Promoting the 2030 Agenda concerned with sustainable development and eliminating poverty in light of multiple crises.”