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It will be attended by several heads of state, with key speakers including Crown Prince Mohammed bin Salman, US Special Presidential Envoy for Climate John Kerry, UN Deputy Secretary Amina Mohammed, BlackRock CEO Larry Fink, HSBC Group Chief Executive Noel Quinn, and André Esteves, senior partner, BTG Pactual, Brazil.
Earlier this year, the crown prince highlighted that the Saudi and the Middle East green initiatives are a continuation of the environmental efforts in the Kingdom over the past few years in line with Saudi Vision 2030.
The two initiatives demonstrate the Kingdom’s strong willingness to address the environmental challenges it has faced, from increase in temperatures and dust waves to low levels of rain and desertification.
The SGI and MGI are also aiming to collectively plant 50 billion trees as well as propel the Middle East region toward achieving more than 10 percent of global carbon emissions reduction targets.
The SGI aims to reach net zero emissions of greenhouse gases, mostly produced by burning fossil fuels, by 2060.
Saudi Arabia said the transition to net zero carbon emissions “will be delivered in a manner that preserves the Kingdom’s leading role in enhancing the security and stability of global energy markets.”
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