Saudi Arabia adopts low-carbon economy concept to preserve environment: Al-Jadaan – Saudi Gazette

  • Date: 18-Jul-2020
  • Source: Saudi Gazette
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi Arabia adopts low-carbon economy concept to preserve environment: Al-Jadaan – Saudi Gazette

NEW YORK “” The Kingdom of Saudi Arabia affirmed that the G20 under its presidency, adopted two specific initiatives related to the environment “” the first regarding mitigation of desertification and increase in green areas, and the other adopts the concept of low-carbon circular economy, which will have the greatest impact on preserving the environment and sustaining resources.

This was unveiled in the Kingdom of Saudi Arabia's speech delivered by the Minister of Finance and Acting Minister of Economy and Planning Mohammed Bin Abdullah Al-Jadaan, during the high-level political forum on sustainable development organized by the United Nations Economic and Social Council on July 7-17, 2020.

Al-Jadaan also said that we, in the Kingdom of Saudi Arabia, believe that what the world is going through because of the novel coronavirus pandemic is a historic opportunity that we should take advantage.

He explained that the coronavirus pandemic had caused a negative impact on all aspects of daily life all over the world and had a direct impact on health, economy, employment and food supply chains while it created a valuable opportunity to rebuild the economic, social and environmental system to be more sustainable.

He further pointed out that there is one lesson to be learned