Crown Prince Mohammed bin Salman opened the Saudi Green Initiative forum in Riyadh place on Saturday, announcing the Kingdom’s new “green” objectives.
The forum will discuss Saudi Arabia's environmental efforts with guests that include high-profile government leaders and international personalities.
"We announce in this Forum the Kingdom of Saudi Arabia's roadmap for protecting the environment and confronting climate change. This annual forum will serve as a platform to launch our new environmental initiatives and monitor the impact of the previously announced ones," the Crown Prince said.
"I am pleased to launch initiatives in the energy sector that will reduce carbon emissions by (278) million tons annually by 2030, thus voluntarily more than doubling the target announced, estimated at (130) million tons annually," he added.
Crown Prince Mohammed bin Salman also announced the Kingdom's accession to the Global Methane Pledge, "which aims to reduce methane emissions globally by 30 percent."
The Crown Prince also announced Saudi Arabia’s intention to join the Global Oceans Alliance, the Alliance to Eliminate Plastic Waste in Oceans and Beaches, the Sports for Climate Action Agreement, and to establish a global center for Sustainable Tourism, and a Non-Profit foundation to explore the seas and oceans.
"I look forward to the Middle East Green Initiative Summit, which we will host the day after tomorrow, with the aim of synergizing and coordinating efforts among the countries of the region to develop the plans necessary to reach the Middle East Green Initiative target," he concluded.
Other Saudi ministers will also be speaking at the forum, exploring specific themes around business and the environment, marine and ocean life, and the oil and gas industry.
Big corporate icons, including Paddy Padmanathan of ACWA Power and Jasper Graf of Daystar Power US, are also participating in the forum.