Saudi Press

Saudi Arabia and the world
Friday, Apr 26, 2024

The Saudi Green Initiative moves forward

The Saudi Green Initiative moves forward

Following the inaugural Saudi Green Initiative forum in Riyadh, thought-leaders, entrepreneurs, and CEOs gathered in the UK to discuss how to put the kingdom’s climate policy pledges into practice

More than 90 guests attended the Saudi Green Initiative (SGI) London summit on 16 November to discuss how Saudi Arabia’s recently announced Saudi Green Initiative climate goals could best be put into practice.

Speakers at Waddesdon Manor, including Lord Jacob Rothschild, Khalid Abuleif, the chief negotiator for climate agreements for the Kingdom of Saudi Arabia’s Ministry of Energy and Michael Liebreich, CEO of Liebreich Associates, discussed Saudi Arabia’s ambitious climate goals and the country’s aspirations to become an environmental leader in the region.

Attendees at the event reflected on the SGI goals, which include a target to cut carbon emissions to net zero by 2060 and a goal to lower the kingdom’s carbon emissions by 278 million tonnes a year by 2030.

Lord Jacob Rothschild speaks at the Saudi Green Initiative London summit at Waddesdon Manor

As part of the SGI goals, the country also intends to increase the amount of energy generated from renewable sources to 50 per cent by 2030 and raise the percentage of protected areas to more than 30 per cent of the country’s total land area.

Saudi Arabia will also work with Middle Eastern neighbours to combat climate change through initiatives such as planting a total of 50 billion trees across the region and reducing carbon emissions from hydrocarbon production to 10 per cent of total global emissions.

The SGI London Summit mirrored the themes of the inaugural SGI Forum held in Riyadh, Saudi Arabia, on 23 October.

During the event, Mr Abuleif spoke about the need to have a balanced approach to climate action and ensure that energy security and economic stability are carefully managed as changes are made.

Mr Liebreich gave his reflections on the COP 26 climate summit held in Glasgow in October and spoke of the three different spheres of activity at the event: the COP of the negotiations, the COP of the activists and the COP of the doers. He praised the achievements of the “doers of COP”, who he said worked behind the scenes to put policy pledges into practice.

Prince Khalid bin Bandar bin Sultan (centre), Saudi ambassador to the UK, discusses climate action at the Saudi Green Initiative London forum

The panel sessions began with a high-level discussion on renewable energy between Dr Enass Abo-Hamed, the founder of H2GO Power, John Pagano, CEO of The Red Sea Development Company and Amaala, two of Saudi Arabia’s most important tourism giga projects, Faisal Al Yemeni, head of renewable energy at Saudi Arabia’s Ministry of Energy, and Andre Pienaar, founder of C5, a specialist technology investment group.

Mr Pagano explained that his team is pioneering new sustainability standards in regenerative development and that he intends for The Red Sea Project to be the largest tourism development to be powered entirely by renewable energy.

“We want to break the business-as-usual model,” he said.

The Red Sea Development Company is developing the world's largest battery storage facility, which will enable the entire resort to be powered by energy generated through wind and solar power, he explained.

Dr Enass Abo-Hamed told the audience how her new energy storage system allows power from renewable sources to be stored and released on demand at a lower cost.

She said that the focus of renewable energy research needs to “not only be on what can be achieved in the short term, but what can be achieved the fastest”.

“Innovation will take us where we need to be,” said the start-up founder.

Waleed Al Dayel (centre left), Dr Paul Marshall (centre right), and Dr Andrew Tilker (right) discuss conservation and the importance of nature on a panel moderated by Isabel Hardman (left) on rewilding at the Saudi Green Initiative London summit at Waddesdon Manor


Later a panel including Isabella Tree, a British author, travel journalist and manager of the Knepp Wildland Project, Dr Paul Marshall, the Head of Nature Reserves at NEOM, a futuristic linear city being developed in north west Saudi Arabia, and Waleed Al Dayel, the Chief Strategy Officer at AlUla, a desert oasis turned tourism destination also in the kingdom, discussed the importance of conserving and restoring nature.

Ms Tree talked of the unnatural landscape of Great Britain.

“We think (our) landscape has been there forever but in fact it is mostly a product of the industrial revolution, massive drainage, and the intensification of chemical farming,” she said.

Dr Marshall talked of the importance of nature to human health and wellbeing, and how conservation of nature is integral to the plans for NEOM.

“We know that conservation needs everyone to be a champion for nature, and you become a champion for nature by falling in love with it, and that’s by having experiences,” he said.

“NEOM plans to provide unrivalled liveability by allowing people to connect with nature on a daily basis,” he continued.

Simon Ainslie (left) and Karsten Neugebauer (right) discuss the future of urban living during a panel moderated by Isabel Hardman (centre) on smart cities at the Saudi Green Initiative London summit at Waddesdon Manor


The event was held at the Windmill Hill centre on the Waddesdon Manor estate, a venue that celebrates the conservation and environmental work of the Rothschild Foundation, and hosts events throughout the year.

Panel sessions at Waddesdon Manor, which has become a renowned destination for high-level discussions and round tables, continued throughout the day on the subjects of smart cities, plastic, water and food waste.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Reports in Gaza: 5 dead from the impact of aid packages dropped by the USA
Apple warns against drying iPhones with rice
China Criticizes US for Vetoing UN Ceasefire Resolution in Gaza
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
The U.S. vetoed a U.N. Security Council resolution calling for a temporary ceasefire in Gaza, instead proposing its own six-week ceasefire plan contingent upon the release of all hostages held by Hamas
Prince William Urges End to Gaza Conflict
Saudi Arabia ranks first in UN index for e-government services in MENA
Israel has gone ‘beyond self-defence’ in Gaza, says Labour’s Streeting
EU Calls for Immediate Ceasefire in Gaza Conflict
Israel Records 20% Drop In GDP, War In Gaza Is The Reason
Saudi Arabia's FDI Inflows Grow with New International Standards
Venture Capitals Power Up Across MENA Region
Saudi Arabia Introduces Terms for 30-Year Income Tax Exemption for Multinational Companies
Saudi FM: Establishing Palestinian state is only pathway for Mideast stability
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
Elon Musk's Starlink Gets License For Israel, Parts Of Gaza
Influencers Exploit X Platform for Profit Amidst Israel-Gaza Conflict
PM Modi Announces Opening Of New CBSE Office In Dubai
International Criminal Court's Chief "Deeply Concerned" By Rafah Bombing
January Funding for MENA Startups Totals $86.5 Million
Saudi Arabia accelerates digital economy growth through Nvidia partnership
Indian female military officers commend Saudi Arabia's progress and women's empowerment
Israel unveils tunnels underneath Gaza City headquarters of UN agency for Palestinian refugees
Israel deploys new military AI in Gaza war
Egypt threatens to suspend key peace treaty if Israel pushes into Gaza border town, officials say
Israel Utilizes AI Military Technology in Gaza Conflict
Saudi Arabia Warns Of A "Humanitarian Catastrophe" If Israel Moves On Rafah
China Warns Iran to Halt Houthi Attacks or Damage Trade Ties
US University To Shut Qatar Campus Due To "Heightened Mideast Instability"
Iran-backed hackers interrupt UAE TV streaming services with deepfake news
Facebook and Instagram Ban Iran's Supreme Leader
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
U.S. Secretary of State Blinken: The Israelis underwent dehumanization on 7.10, this does not give them the right to do this to others.
Defense Technology Showcase Held in Riyadh
Saudi Arabia’s non-oil exports rise 2.5% to $6bn in November 2023: GASTAT
UK Bans Misleading "Zero Emissions" Claims for Electric Cars
Gaza's Teen Inventor Sparks Light in Displacement
Netanyahu Rejects Ceasefire Proposal, Insists On Total Victory Over Hamas
Guterres appoints independent UNRWA review panel
Private Sector Employment Hits Record High with Over 11 Million Employees in January
Rolls-Royce Executive Encourages Saudi Women to Tap into Their Inner 'Superhero' for Success in Defense Industry
Saudi Arabia launches National Academy of Vehicles and Cars
Saudi Tourism Minister Reveals Plan for 250,000 New Hotel Rooms by 2030
SAR to more than double eastern network passenger capacity with new trains deal
Saudi Arabia Enhances National Defense with New Partnerships
Saudi Aramco Maintains Arab Light Crude Pricing to Asia for March
NEOM Establishes New York Office to Support Investors
Saudi Wealth Fund Draws in Over $25 Billion Worth of Investments in Three Years, Al-Rumayyan Reveals
ZATCA Cautions Against Scammer Schemes
INTRA Defense Technologies inaugurates drone factory in Riyadh
×