Saudi green initiatives are worth emulating globally

Saudi green initiatives are worth emulating globally

Obviously the broadly ecological and ultimately humanitarian goals of these initiatives are noble ones. Increasing vegetation via the planting of billions of trees, reducing carbon emissions by more than 10 percent of global contribution targets, achieving net zero emissions of greenhouse gases by 2060, combating pollution and reversing millions of acres of land degradation, and preserving marine life, are all beyond worthy goals. Further, Saudi Arabia, advised by the world’s largest fund manager BlackRock, has launched a national infrastructure fund to support up to SR200 billion ($53.3 billion) in projects over the next decade. Under the increasingly consolidated National Development Fund created in 2017, investments in water, transportation, energy, and health, will take place to further ends described by the Saudi Green Initiative and contribute to the Kingdom’s plans to transform its economy away from fossil fuels. Crown Prince Mohammed bin Salman said: “As a leading global oil producer, we are fully aware of our share of responsibility in advancing the fight against the climate crisis, and that, as our pioneering role in stabilizing energy markets during the oil and gas era, we will act to lead the next green era.” However, it is perhaps also wise to consider the