IN recent years, Saudi Arabia has rapidly emerged as a key player in the global susLtainability movement, leveraging its vast economic resources to lead the Middle East in renewable energy and green technologies.
A white paper prepared by Horizon Group, Switzerland, and commissioned by Agility, says the Kingdom is not only seeking to mitigate the effects of climate change through a series of ambitious national initiatives, but also aiming to transform its entire economic landscape, diversifying away from its traditional reliance on oil and gas.
The government's Vision 2030, paired with the Saudi Green Initiative (SGI), is set to guide the country through a profound ecological and economic transformation.
VISION FOR A SUSTAINABLE FUTURE
Saudi Arabia's push towards sustainability is driven by the understanding that the Kingdom's economic future is at risk from the impacts of climate change.
By 2050, projections suggest that the country could face severe environmental challenges, including more frequent agricultural droughts, prolonged heatwaves, and substantial damage to its GDP.
To address these issues, Saudi Arabia has set in motion a comprehensive green agenda that focuses on clean energy, infrastructure, and environmental preservation.
The government's commitment to sustainability is evident in the measurable progress it has made. As of 2024, the Kingdom is on track to achieve many of the targets outlined in Vision 2030. Key performance indicators show that 87 per cent of its 1,064 initiatives are completed or on track, and more than half of the goals related to environmental sustainability have exceeded their targets.
Over 49 million trees have been planted, while 2.8 gigawatts (GW) of renewable energy have been integrated into the national grid, powering over 500,000 homes.
この記事は Oil and Gas News の December 2024 版に掲載されています。
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