Saudi Arabia unveils Green Finance Framework in sustainability push
- Date: 28-Mar-2024
- Source: Arab News
- Sector:Financial Services
- Country:Saudi Arabia
Saudi Arabia unveils Green Finance Framework in sustainability push
RIYADH: Public and private participation in climate financing in Saudi Arabia is poised to receive a boost with the introduction of the Green Finance Framework.
This initiative, launched by the Ministry of Finance, is aimed at propelling the nation toward its sustainability goals and achieving net-zero emissions by 2060, Saudi Press Agency reported.
The framework is expected to contribute to the efforts aimed at reducing emissions through a circular carbon economy approach, along with positioning Saudi Arabia as a regional leader in sustainable finance. Saudi Arabia unveils Green Finance Framework in sustainability push