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Saudi Minister of State for Foreign Affairs: The Kingdom is one of the largest investors in clean energy and has huge projects aimed at reducing the effects of climate change

Rio de Janeiro (UNI/SPA) - Minister of State for Foreign Affairs, Member of the Cabinet and Envoy for Climate Affairs, Mr. Adel bin Ahmed Al-Jubeir, participated in a dialogue session during the “Priority Summit” presented by the Future Investment Initiative Foundation in the city of Rio de Janeiro, Brazil.

During the session, he touched on the Kingdom’s role and efforts in energy development, and its goal to be one of the largest exporters of all types of energy to the world, including clean, renewable and traditional energy. Stressing that oil will be part of energy sources for several decades and that the importance lies in producing energy from all sources with high efficiency and not wasting it. This is to ensure the preservation of the planet's natural resources.

He also confirmed that the Kingdom is one of the largest investors in clean energy and has huge projects aimed at reducing the effects of climate change, including a waste recycling program, and clean and renewable energy projects, most notably one of the largest hydrogen projects in the world that is being established in the north of the Kingdom (NEOM).

He reviewed the most prominent features and objectives of the Kingdom’s Vision 2030 and its focus on improving the quality of life, empowering youth and attracting investments to achieve stability, growth and prosperity in the Kingdom.

Minister Al-Jubeir pointed out the importance of rapprochement and communication between the countries of the world to enhance cooperation and stability, and progress in combating climate challenges and any other challenges, pointing out that the Kingdom is working to intensify its communication and rapprochement with the world, as it sits between three continents, and is surrounded by the most important waterways, and it is also one of the countries Mission in energy markets, and one of the investors in global markets.

He stated that the Green Middle East Initiative is one of the Kingdom's most prominent initiatives aimed at enhancing international cooperation on climate.

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