POLAND, Katowice; December 13, 2018 – Saudi Arabia announced the endorsement of the World Bank’s “Zero Routine Flaring by 2030” initiative, reinforcing the Kingdom’s commitment to address climate change. The announcement was made during the U.N. Climate Change Conference’s (COP24).

The Kingdom of Saudi Arabia’s National Statement, by H.E. Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources.

(Available in Arabic only)

The Kingdom of Saudi Arabia is set to reinforce its climate change actions by ensuring that negotiations remain on track for full operational implementation of the historic Paris Agreement at the upcoming United Nations Climate Change Conference (COP 24) in Katowice, Poland.

HRH also launched incubators and accelerators located in each of Dammam, Qassim, Al-Madinah Al-Munawarah and Abha, as part of Bader program, which currently heads the Arab Network for ICT Incubators and UN technological cities in the Arab world.

An independent Stanford-led study finds that Saudi Arabia ranks second only to Denmark as the oil producing country with the lowest carbon intensity, a measure of the greenhouse gas emissions associated with producing crude oil from the well to the refinery.

ACWA Power, the Saudi, global leader in developing, constructing and operating power generation and desalination water plants in 11 countries, has won Skaka IPP PV solar project, the first utility scale Renewable Energy plant at the oil capital, the Kingdom of Saudi Arabia.