KSA: BD70 BN green push by Saudi – Gulf Digital News

KSA: BD70 BN green push by Saudi – Gulf Digital News

Saudi Arabia has announced a BD70 billion investment in developing a green economy and is spearheading a region-wide initiative to combat climate change and reduce carbon emissions.

Saudi Arabia’s Crown Prince, Deputy Prime Minister and Supreme Committee for Green Saudi Arabia chairman Prince Mohammed bin Salman bin Abdulaziz Al Saud yesterday launched the first-ever Saudi Green Initiative and also set a regional road map to protect the environment.

Riyadh will host a wider Middle East Green Initiative starting tomorrow, which, together with the Saudi Green Initiative, will include the plantation of 50bn trees in the region, the protection of marine and coastal environments and the generation of 50 per cent of Saudi Arabia’s energy from renewable sources.