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The Saudi Green Initiative aims to reduce carbon emissions by 278 million tons per year, higher than the previous target of 130 million tons
The Crown Prince of Saudi Arabia said on Saturday that the world’s largest oil exporter aims to achieve zero net emissions by 2060 and more than double its annual goal of reducing carbon emissions to nearly 280 million tons.
Crown Prince Mohammed bin Salman speaks in the minutes of the meeting Saudi Green InitiativeBefore the COP26 global climate summit, we hope to reach an agreement on deeper emission reductions to deal with global warming.
“The goal of the Kingdom of Saudi Arabia is to achieve zero net emissions by 2060 in accordance with its circular carbon economy plan, in line with the Kingdom’s development plan…while maintaining the Kingdom’s leading role in enhancing the security and stability of the global oil market, “Prince Mohammed said.
Riyadh, a signatory of the Paris climate agreement, announced on Saturday detailed information on its Nationally Determined Contributions (NDC)-the goal of countries working globally to prevent the global average temperature from exceeding the pre-industrial level by 1.5 degrees Celsius.
The United States and the European Union hope that Saudi Arabia will join a global initiative to reduce methane emissions by 30% from 2020 levels by 2030. US climate envoy John Kerry will participate in the broader Middle East Green Summit in Riyadh on Monday.
Prince Mohammed stated that the Saudi Green Initiative aims to reduce carbon emissions by 278 million tons per year, which is higher than the previous target of 130 million tons.
Saudi Arabia pledged in March to reduce the global contribution of more than 4% of carbon emissions through initiatives that include generating 50% of its energy demand from renewable energy by 2030, and Plant billions of trees in the desert state.
Gulf OPEC oil producer UAE announced a plan earlier this month Net zero emissions by 2050.
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