Saudi Arabia emphasizes importance of an equitable approach to renewable energy sources

Saudi Arabia emphasizes importance of an equitable approach to renewable energy sources

RIYADH: Saudi Arabia’s Permanent Representative to the UN Dr. Abdul Aziz Al-Wasel on Monday emphasized the importance of “adopting sustainable and cost-effective methods to achieve ambitious climate goals.” Al-Wasel’s comments came during a speech at the Group of 77 + China ambassadorial meeting at UN headquarters in New York, titled “Carbon capture, utilization and storage — technology for ensuring an equitable road forward for energy.” “The Kingdom believes that it is critical to activate technology to address significant environmental concerns like climate change, biodiversity loss, energy security and access for everyone, and environmental protection,” he said. The world’s major challenges necessitate unprecedented levels of open, inclusive and coherent cooperation in order to ensure sustainable economic growth, address environmental concerns and ensure energy security and access, he added. He further emphasized the Kingdom’s commitment to international action and collaboration to tackle climate change. In light of the Saudi Green and Middle East Green initiatives, the Kingdom has launched programs in the areas of environmental protection and energy transformation to contribute to a sustainable future, he explained. “The Kingdom has proposed the circular carbon economy framework, adopted by the G20 during the Kingdom’s presidency of the group, which is an integrated framework