The world urgently needs a paradigm shift from mindless and destructive consumption to mindful and deliberate utilisation…reports Asian Lite News
Environment and Forest Minister Bhupender Yadav on Tuesday said that within a year of Prime Minister Narendra Modi announcing India’s aim of achieving net zero emissions by 2070, the country has submitted its Long-Term Low Emissions Growth Strategy indicating low carbon transition pathways in key economic sectors.
Delivering India’s national statement at COP27 in Sharm-el-Sheikh, Yadav said: “Responding to the call for increased ambition in our 2030 climate targets, India updated its Nationally Determined Contributions in August 2022. We have embarked on far-reaching new initiatives in renewable energy, e-mobility, ethanol blended fuels, and green hydrogen as an alternate energy source.”
“We also seek to foster strong international cooperation through action and solutions-oriented coalitions like International Solar Alliance and Coalition of Disaster Resilience Infrastructure, both of which were launched and nurtured by India. This is a testimony to our ethos of collective action for global good,” he added.
India, home to 1.3 billion people, is undertaking this arduous effort, despite the reality that our contribution to the world’s cumulative emissions so far is less than 4 per cent and our annual per capita emissions are about one-third of the global average, the minister informed the gathering.
“At the heart of India’s vision of a safe planet is a one-word Mantra – Lifestyle for Environment, that Prime Minister Modi set forth in our National Statement at COP26. Mission LiFE was launched by Prime Minister Modi in the presence of the UN Secretary General Antonio Guterres, on October 20, 2022,” Yadav said.
The world urgently needs a paradigm shift from mindless and destructive consumption to mindful and deliberate utilisation.
“We are trustees of this planet earth. We must nurture it through sustainable lifestyles that optimize resource use and minimise waste,” the environment minister pointed out.
“As the world’s most populous democracy and a vibrant emerging economy, India seeks to lead by example, and invites the global community to be a part of Mission LiFE for individual, family and community-based actions,” he concluded.
The minister added that India is committed to creating an additional carbon sink of 2.5 to 3 billion tonnes of CO2 by forest and tree cover by 2030…reports Asian Lite News
India is likely to benefit from a $4 billion plan announced at the CoP 27 at Sharm El Sheikh in Egypt to secure the future of 15 million hectares of mangroves.
The Sunderbans is the single largest mangrove forest in the world spread across India and Bangladesh and home to some 7.2 million poor people and is expected to play a key role in fighting climate change. Apart from the Sunderbans, India has big mangrove forests in Andaman islands and Gujarat.
Mangroves are known to be natural barriers against sea level rise as well as in mitigating the effects of cyclones and storms. Mangroves work as a powerful carbon sink and are known to absorb more carbon emissions than regular forests.
Environment Minister Bhupender Yadav told the UN climate summit that mangroves are one of the best solutions to combating climate change and India can lend its expertise to the world in mangrove restoration.
Yadav was speaking at the launch of the Mangrove Alliance for Climate (MAC) at COP 27 in Sharm El Sheikh, Egypt. MAC seeks to bring together countries to promote mangroves against a worsening climate. Member countries include Australia, Japan, UAE, Indonesia, Spain and Sri Lanka.
He said: “We see the tremendous potential mangroves have for mitigation of growing greenhouse gases (GHG) concentration in the atmosphere. Studies have shown that mangrove forests can absorb four to five times more carbon emissions than landed tropical forests.”
He said that India has over five decades of experience in mangrove restoration and can share that with the world, adding that mangroves can help countries meet their nationally determined contributions (NDCs) to help limit the rise in global temperatures to below two degrees Celsius.
The minister added that India is committed to creating an additional carbon sink of 2.5 to 3 billion tonnes of CO2 by forest and tree cover by 2030.
Yadav said: “India is committed to conservation and restoration of natural ecosystems and has strong commitments towards conservation and management of mangroves. One of the largest remaining areas of mangroves in the world, the Sundarbans supports an exceptional level of biodiversity in both the terrestrial and marine environments, including significant populations of a range of flora and plant species”.
The G20 meet in Bali, Indonesia, on November 15-16 will also take up the case for mangroves through the MAC due to their role in combating the climate crisis.
A man walks past a board showing the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP27) in Sharm El-Sheikh, Egypt, Nov. 5, 2022. (Xinhua/Sui Xiankai/IANS)
With delegates discussing finance issues on Wednesday at COP27, the first African COP for six years, the new report lays out the grim economic future some of the poorest countries in the world will face….reports Asian Lite News
With the adoption of the loss and damage funding formally in the COP27 agenda in Sharm El-Sheikh in Egypt, a platform has been created to explore the financing options to find possible ways to address climate change risks.
A slew of financial pledges were announced by the developed nations in the backdrop of a year when extreme climate events demonstrated again the urgency to curb greenhouse gas emissions. Also climate envoy calling on rich countries to support poor nations at most risk from the environmental damage.
At the opening of the two-day Climate Implementation Summit at COP27, UN Secretary General Antonio Guterres called for a historic pact between the developed and developing countries to combine capacities, and pivot the world towards reducing carbon emissions, transforming energy systems and avoiding a climate catastrophe.
Joining the issue, Britain Prime Minister Rishi Sunak said, “Instead of developing countries being unfairly burdened with the carbon debt of richer nations and somehow expected to forgo that same path to growth, we are helping those countries deliver their own fast track to clean growth.
“The UK is making further commitments to support this today by investing 65 million pounds in a range of green investment projects in Kenya and in Egypt.”
With delegates discussing finance issues on Wednesday at COP27, the first African COP for six years, the new report lays out the grim economic future some of the poorest countries in the world will face.
The analysis in the report, titled ‘The cost to Africa: drastic economic damage from climate change’, was led by Marina Andrijevic, an economist at the International Institute for Applied Systems Analysis in Vienna.
By 2050 and 2100 the economies of these countries are still expected to be higher than they are today. This study highlights the amount of damage caused to their GDP by climate change, compared to a scenario where climate change didn’t take place.
Estimates based on peer-reviewed methodology by Burke et al show that based on current climate policies, where global temperature rise reaches 2.7C by the end of the century, African countries can expect to suffer an average GDP hit of minus 20 per cent by 2050 and of minus 64 per cent Aby 2100.
Even if countries keep global temperature rise to 1.5C as set out in the Paris Agreement, African countries face an average GDP reduction of minus 14 per cent by 2050 and minus 34 per cent by 2100. This underlines the fact that a robust loss and damage mechanism will be needed, even if countries succeed in keeping global heating to under 1.5C.
First Minister of Scotland Nicola Sturgeon said, “In virtually everything we do on loss and damage, Scotland is trying to ensure that we listen to international perspectives, especially the perspectives of the Global South.
“After all, for more than 30 years now, since the views of island states were first ignored, decisions at COP have been dominated by the voices of the Global North.
“With loss and damage now on the formal agenda for the first time, this COP can mark a turning point in ensuring the views, experiences and perspectives of the Global South assume a far more central role. If that does happen it will lead to greater progress on loss and damage and will also. I hope lead to quicker action on other aspects of climate change. I encourage all parties to make space for serious, open and honest discussion over the next two weeks.a
“The funding Scotland has announced is a small sum in terms of the overall scale of the loss and damage that developing countries face, but I hope that it sends an important message,” Sturgeon said.
A man walks past a board showing the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP27) in Sharm El-Sheikh, Egypt, Nov. 5, 2022. (Xinhua/Sui Xiankai/IANS)
Harjeet Singh, Head of Global Political Strategy, Climate Action Network International, said: “The new financial pledges from some rich countries to address loss and damage are welcome. It shows that they are finally acknowledging the lack of finance to meet the needs of people affected by climate disasters.
“But this drip-feed of assorted pledges cannot detract from the demand of setting up a Loss and Damage Finance Facility at COP27 to fill the gap in the financial architecture under the UN system. What we need is institutionalised support that can be scaled up drastically to respond to multiplying economic impacts due to extreme weather events, and deal with the new challenges, such as sea level rise and melting of glaciers.”
The fact that developed countries did not block the agenda item on finance for Loss and Damage in COP27 is welcome, said Saleemul Huq, Director of the International Centre for Climate Change and Development, Bangladesh.
“As well as promises of funds by countries like Denmark. But we need them to agree to establish the Sharm El-Sheikh Finance Facility for Loss and Damage at the end of COP27.”
Ulka Kelkar, Director, Climate Change programme, World Resources Institute (India) said the loss and damage finance pledges at COP27 are an outcome of the persistence of climate vulnerable countries and civil society voices.
“An idea that was seen as marginal and radical just a year ago now has political will. Scotland’s announcement is particularly laudable because it aims to help communities deal with climate impacts that cannot be simply measured in money terms, such as gender inequity and cultural heritage loss.”
COP27 Presidency on Monday launched the Sharm-El-Sheikh Adaptation Agenda in partnership with the High-Level Champions.
The agenda outlines “30 Adaptation Outcomes to enhance resilience for 4 billion people living in the most climate-vulnerable communities by 2030. Each outcome presents global solutions that can be adopted at a local level to respond to local climate contexts, needs and risks and deliver the systems transformation required to protect vulnerable communities to the rising climate hazards, such as extreme heat, drought, flooding, or extreme weather.”
The 30 Adaptation Outcomes include urgent global 2030 targets related to: Transitioning to climate resilient, sustainable agriculture that can increase yields by 17 per cent and reduce farm level greenhouse gas (GHG) emissions by 21 per cent, without expanding agricultural frontiers, and while improving livelihoods including of smallholder farmers.
Also protecting and restoring an estimated 400 million hectares in critical areas (land and freshwater ecosystems) supporting indigenous and local communities with use of nature-based solutions to improve water security and livelihoods and to transform 2 billion hectares of land into sustainable management.
Mahmoud Mohieldin, UN Climate Change High-Level Champion for COP27, said: “The outcomes were identified jointly with a broad range of active stakeholders, reflecting existing and new global targets based on science along with local knowledge and initiatives. The outcome targets will continue to be refined and expanded by the High-Level Champions with inputs from state and non-state actors to support their operationalization.”
This agenda will accelerate the Race to Resilience’s global goal of making 4 billion vulnerable people more resilient by 2030. Of particular importance is the role of key enablers like finance and planning to accelerate adaptation in the near-term. A sum of $140 to $300 billion needs to be mobilised across both public and private sources annually with a minimum target of 50 per cent for adaptation, as called by UN Secretary-General Antonio Guterres.
Of particular concern and focus is Africa, where the private finance share in the total financing of climate adaptation efforts is not more than 3 per cent ($11.4 billion). “Seven times that amount will be needed annually until 2030,” added Mohieldin.
A man walks past a board showing the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP27) in Sharm El-Sheikh, Egypt, Nov. 5, 2022. (Xinhua/Sui Xiankai/IANS)
World is on track to produce more than double the fossil fuels than is compatible with a 1.5 degrees Celsius target…reports Asian Lite News
With the United Nations Climate Change Conference (COP27) underway in the backdrop of a year when extreme climate events demonstrated again the urgency to curb greenhouse gas emissions, leading economies of India and China are on track to overachieve their UN climate targets.
Renewable energy installed capacity in India has expanded at a rate of 19 per cent annually between 2016 and 2021. Its draft national electricity plan sees an 18 GW downward revision of installed coal capacity in 2030.
China is set to install a record 156 GW of wind and solar energy this year, and China’s electrical vehicle (EV) sales are forecasted to double with the possibility of reaching six million.
An analysis, ‘COP27 Analysis: Assessing India & China’s Climate Targets’ by Energy Tracker Asia (ETA) says China and India are critical players in the global fight against climate change.
#COP27 President Sameh Shoukry spoke about the Sharm El-Sheikh Climate Implementation Summit, which hosted more than 120 Heads of State and government officials, to mobilize the transition from ambition to action.#TogetherForImplementationpic.twitter.com/vCwMfuqdJJ
Together they account for 2.7 billion people, nearly 20 per cent of global GDP and nearly a third of global emissions (China 24.23 per cent and India 6.76 per cent).
At UN climate talks in Sharm El-Sheikh in Egypt, what Beijing and Delhi say matters. Major decisions at the COP27 will not pass without the tacit approval of Xi Jinping and Narendra Modi.
It says both countries are also deeply vulnerable to climate impacts. Leading insurer AON rates 2022 as one of the most damaging on record.
China has incurred extreme weather losses of plus $20 billion, while flooding left India with a plus $2 billion bill and nearly 2,000 dead.
Workers in both countries suffer. In 2021, India witnessed a 5.4 per cent drop in earnings due to extreme heat, while in China, that figure was one per cent.
The analysis by Hozefa Merchant and Yao Zhe says in 2021 both countries committed to long-term net-zero climate targets, China before 2060 and India in 2070.
But assessing interim progress in Delhi and Beijing has been hard. Politicians in both capitals previously followed the policy of under-committing on targets internationally, in part due to energy security concerns. But a growing amount of evidence is suggesting that their investments in clean power and green technology are fast gathering momentum, they say.
The International Energy Agency’s 2022 World Energy Outlook 5 says, “Coal demand rebounded strongly in 2021 to over 5,600 million tonnes of coal equivalent (Mtce) as economies recovered from the pandemic and some countries — notably India and China — turned to domestically produced fuel sources in the interests of affordability and energy security.”
Tim Buckley, Director, Climate Energy Finance, tells a similar story.
The analysis on India and China’s electricity sector highlights how renewable energy is slowly replacing fossils. Eighty-two per cent of the increase in electricity demand in China was supplied by renewable energy.
At the current rate of installs, China is on track to reach its 2030 renewables target of 1,200GW five years earlier. Also it is on track for a possible plateauing of emissions this decade, well ahead of the 2030 official peaking target.
India’s total installed renewables capacity at the end of FY2022 was 157GW or 39 per cent of India’s 400GW capacity total, and 22 per cent of total generation of 1,492TWh.
India is likely to reach peak and then plateau in thermal power generation at some stage this decade, even with strong sustained economic growth of 5-7 per cent annually, says the analysis titled ‘India-China Investment Analysis in Electricity as COP27 Progresses’.
Fossil fuels have not been directly addressed in the UN climate talks. The primary cause of loss and damage is fossil fuels, with coal, oil and gas fueling 86 per cent of CO2 emissions in the past decade.
However, the world is on track to produce more than double the fossil fuels than is compatible with a 1.5 degrees Celsius target.
The fossil fuel industry is also earning 11-figure profits from this addiction while households struggle to afford basic needs and over one billion people live with almost no modern energy. Africa alone is home to 600 million people without access to electricity.
Civil society is calling on governments to work together to address fossil fuel production because a COP that does not address fossil fuels is a COP that doesn’t address the root cause of the climate crisis.
For the first time since the adoption of the UN climate convention, Parties agreed to introduce #LossAndDamage funding as an agenda item at the climate conference. (1/2) #COP27pic.twitter.com/Ct8Q6WVnd0
As the Paris Agreement makes no mention of coal, oil or gas, significant momentum has grown in recent months for a complementary international mechanism such as a Fossil Fuel Non-Proliferation Treaty.
Evaluating the initial announcements made by governments in their high-level statements in the opening days of COP27, Alex Rafalowicz, Fossil Fuel Non-Proliferation Treaty, said: “Our host government has said that this is a COP of implementation so it has to be about listening clearly to the words of the UN Secretary General, the world’s scientists and those around the world that the fossil fuel era needs to come to an end so that everyone has energy access.”
A man walks past a board showing the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP27) in Sharm El-Sheikh, Egypt, Nov. 5, 2022. (Xinhua/Sui Xiankai/IANS)
The Adaptation Agenda is the first comprehensive global plan to rally both State and non-State actors behind a shared set of 30 Adaptation Outcomes that are required by 2030 across food and agriculture, water and nature, oceans and coastal, human settlements and infrastructure systems as well delivery across key enablers of as planning and finance, reports Asian Lite News
In response to the devastating impacts of climate change affecting vulnerable people all over the world, the COP27 Presidency on Tuesday launched the Sharm-El-Sheikh Adaptation Agenda in partnership with the High-Level Champions and the Marrakech Partnership.
“The Sharm-El-Sheikh Adaptation Agenda outlines 30 Adaptation Outcomes to enhance resilience for 4 billion people living in the most climate-vulnerable communities by 2030,” the UN Climate Change said in a statement posted on its Twitter handle.
Each outcome presents global solutions that can be adopted at a local level to respond to local climate contexts, needs and risks and deliver systems transformation required to protect vulnerable communities to rising climate hazards, such as extreme heat, drought, flooding, or extreme weather.
It comes as research warns that nearly half the world’s population will be at severe risk of climate change impacts by 2030, even in a 1.5-degree world according to analysis published by IPCC AR6 WG II Report and the UN Climate Change High-Level Climate Champions.
Credit: Dennis Schroeder | NREL
Collectively, these outcomes represent the first comprehensive global plan to rally both State and non-State actors behind a shared set of adaptation actions that are required by the end of this decade across five impact systems: food and agriculture, water and nature, coastal and oceans, human settlements, and infrastructure, and including enabling solutions for planning and finance.
At the launch today, COP27 President Sameh Shoukry and High-Level Champions Dr. Mahmoud Mohieldin and Nigel Topping, called on all State and non-State actors to get behind this critical Agenda.
COP27 President and Egypt’s Minister of Foreign Affairs Sameh Shoukry: “It is our aspiration that the Sharm-El-Sheikh Adaptation Agenda represents a significant contribution to enhancing global action on adaptation and resilience as an utmost priority. The COP 27 Presidency is keen to develop a governance arrangement to secure continuity in scope, priorities and reporting.”
“It will lead the work building on: a) the adaptation-focused initiatives launched by COP27 Presidency at COP27 that shall accelerate action across system interventions and b) the adaptation and resilience outcome targets identified by the High-Level Champions. The Marrakech Partnership, the High-Level Champions and a number of specialised UN agencies will work together- as partners- to accelerate an agenda of global adaptation action through following up on the implementation of Sharm-El-Sheikh Adaptation Agenda,” he added.
Egypt’s Minister of Foreign Affairs Sameh Shoukry talking to Becky Anderson of CNN about COP27 priorities, agenda, opportunities and challenges.
Mahmoud Mohieldin UN Climate Change High-Level Champion for COP27 said: “The Outcomes were identified jointly with a broad range of active stakeholders, reflecting existing and new global targets based on science along with local knowledge and initiatives. The Outcome targets will continue to be refined and expanded by the High-Level Champions with inputs from State and non-State actors to support their operationalization.”
In a roundtable co-chaired by Kyriakos Mitsotakis, Prime Minister of Greece, Macky Sall, President of Senegal and facilitated by Michel Frédeau, Global Head of Climate Partnerships, Boston Consulting Group.In a roundtable co-chaired by Kyriakos Mitsotakis, Prime Minister of Greece, Macky Sall, President of Senegal and facilitated by Michel Frédeau, Global Head of Climate Partnerships, Boston Consulting Group.In a roundtable co-chaired by Kyriakos Mitsotakis, Prime Minister of Greece, Macky Sall, President of Senegal and facilitated by Michel Frédeau, Global Head of Climate Partnerships, Boston Consulting Group.A Roundtable co-chaired by President of Egypt AlSisi, and German Chancellor Olaf Scholz and facilitated by
Børge Brende, President of
WEF to foster deeper dialogue on ‘Investing in the Future of Energy: Green Hydrogen’.WEF to foster deeper dialogue on ‘Investing in the Future of Energy: Green Hydrogen’. Prime Minister Rishi Sunak meets the UAE President Mohammed bin Zayed Al Nahyan on the first day of COP27. Picture by Simon Walker / No 10 Downing Street
The Prime Minister Rishi Sunak meets with leaders from other members of Just Energy Transition Partnership on the first day of COP27. Picture by Simon Walker / No 10 Downing Street
Priorities include addressing the impacts of climate change; ensuring a practical and realistic transition in the energy sector…reports Asian Lite News
UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, who is the Chairman of the Higher Committee Responsible for Overseeing Preparations for the 28th UN Climate Change Conference of the Parties (COP28), has emphasised the priorities of the UAE at COP27, to be held in Egypt.
Priorities include addressing the impacts of climate change; ensuring a practical and realistic transition in the energy sector; support to economic growth; and enhancing access to technology.
The remarks were made when Sheikh Abdullah bin Zayed presided over the 5th meeting of the Committee, which was held days before COP27 is set to begin in Sharm el-Sheikh, Egypt. COP27 runs from 6th to 18th November and will be attended by Heads of State and Government, government officials, business leaders, and members of civil society organisations. The summit will focus on concrete options to accelerate climate action.
Sheikh Abdullah indicated that the UAE delegation would focus on supporting the Egyptian Presidency of COP27 and cooperating closely with it, primarily since the success of the conference supports the achievement of climate goals. He also stressed the UAE’s commitment to linking results and outcomes between COP27 and COP28.
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Special Envoy for Climate Change, and Deputy Chairman of the Committee, said, “In line with the wise leadership’s directive that the UAE’s participation at COP27 be distinct and effective, the event will provide an important opportunity to demonstrate support for the efforts of the brotherly Arab Republic of Egypt and the multilateral system. The UAE delegation to COP27 includes representatives of government and private sector institutions, civil society organisations, women, and youth, which confirms the country’s comprehensive, ambitious, and realistic approach in the field of climate action.”
The committee reaffirmed the UAE’s call for climate action that enhances sustainable economic and social growth. Due to the close links between climate change adaptation, mitigation and financing, the UAE focuses on climate action that creates opportunities for economic growth, which would contribute towards providing more job opportunities and support for new sectors.
During the event, the UAE will emphasise its commitment to address climate impacts, which has been raised as a critical concern for countries in the Southern Hemisphere.
This commitment reflects the reality that climate impacts are having a disproportionate impact on developing and least-developed countries. For this reason, the UAE supports comprehensive climate action and enhanced ambition to enable societies to adapt.
As part of its prioritisation of economic growth, energy security and climate action, the UAE will also focus on the need to facilitate access to appropriate technologies. This is seen as fundamental to enabling countries to adapt to, and mitigate, climate change.
In this context, the country seeks to expand climate partnerships such as the “Agriculture Innovation Mission for Climate”, an initiative begun with the United States and focused on enhancing access to technology.
The Higher Committee Responsible for Overseeing Preparations for COP28 is responsible for managing preparations for COP27, as well as managing the strategy of the COP28 climate summit, to be held in Expo City Dubai in November 2023.
(160904) -- HANGZHOU, Sept. 4, 2016 (Xinhua) -- Saudi Arabia's Deputy Crown Prince Mohammed bin Salman arrives at Hangzhou International Expo Center to attend the G20 summit in Hangzhou, capital of east China's Zhejiang Province, Sept. 4, 2016. The 11th G20 summit opened here on Sunday. (Xinhua/Xing Guangli)(mcg)
The MGI Summit will be held on Nov. 7, while the SGI Forum will be held on Nov. 11-12…reports Asian Lite News
The Middle East Green Initiative Summit and the Saudi Green Initiative Forum will take place in November alongside the United Nations Climate Change Conference to be held in Egypt, Saudi Arabia’s Crown Prince Mohammed bin Salman has announced.
The forums spearheaded by Crown Prince will take place in Sharm El Sheikh in tandem with the COP27.
The MGI Summit will be held on Nov. 7, while the SGI Forum will be held on Nov. 11-12, the Arab News reported.
“I would like to thank His Excellency President Abdel Fattah El-Sisi and the Egyptian government for hosting the MGI Summit and SGI Forum in Egypt this year. We are holding them in tandem with COP27, an event bringing nations from around the world together under one roof, to advance global climate ambitions by inspiring joint activity at the local, regional, and international levels,” the Arab News quoted crown prince as saying.
“Our partnership with Egypt reflects a shared belief in the importance of collaborative action to address the environmental and climate challenges facing the region and the world today,” he added.
📢 #عاجل: سمو ولي العهد يعلن عن انطلاق النسخة الثانية من قمة مبادرة الشرق الأوسط الأخضر ومنتدى مبادرة السعودية الخضراء في نوفمبر 2022.
The MGI Summit is a strategic regional platform that promotes cross-border cooperation, knowledge exchange and discussion between heads of state, relevant government ministers and policy makers.
The second edition of the SGI Forum meanwhile, will convene an elite lineup of climate experts and thought leaders to discuss the progress that has been made towards achieving the climate targets announced by the Kingdom last year.
The theme of this year’s forum, ‘From ambition to action’, reflects Saudi Arabia’s determination to turn these targets into reality by catalyzing collective action to confront climate challenges that impact the entire world, according to a press release.
MGI and SGI were launched by the Crown Prince in 2021 to enhance Saudi Arabia’s environmental action, in line with the Kingdom’s Saudi Vision 2030.
The Crown Prince used the opening of the first SGI Forum in October 2021 to announce the Kingdom aims to achieve net zero emissions by 2060 through the Carbon Circular Economy approach.
It was also confirmed that the Kingdom will plant 10 billion trees across the country and designate 30 percent of country’s land and sea territories as protected areas during the coming decades., the Arab News reported.
