How Saudi Arabia and its Asian partners are driving green development ahead of COP29

COP 29 volunteers took part in an initiative to promote waste reduction through recycling, held this week in Azerbaijan's Icherisheher (Old City), an area renowned for its ancient history and natural beauty. The initiative was orchestrated by the COP29 Azerbaijan Operating Company in collaboration with the Icherisheher State Historical and Architectural Reserve. (Photo credit: COP29 Media Office)
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Updated 23 July 2024
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How Saudi Arabia and its Asian partners are driving green development ahead of COP29

  • Asian nations share a common vision for climate action that does not hinder growth and prosperity
  • From the Saudi Green Initiative to Azerbaijan’s adoption of solar, Asia seeks harmony between humans and nature

QINGDAO, China: As one of the world’s largest economies and contributors to greenhouse gas emissions, China is seen as having a particular responsibility among nations to help address climate change and promote sustainable development.

As such, the Shanghai Cooperation Organization invited Asian countries to participate in a two-day Green Development Forum in Shandong earlier this month to discuss solutions for a greener future.

China’s President Xi Jinping has expressed his desire to strengthen cooperation with regional parties to work toward common social and economic development goals, while at the same time fostering harmonious coexistence between people and nature.




Representatives from various Asian countries attended the two-day Green Development Forum in Shandong, China, earlier this month to discuss solutions for a greener future. (Supplied)

Shen Yueyue, vice chair of the national committee of the Chinese People’s Political Consultative Conference and chair of the Good-Neighborliness, Friendship and Cooperation Commission of the SCO, reiterated the need to foster this link between development and the environment.

“Development is development for all, and good development is green development,” Shen said in her keynote address at the forum, which was themed: “Joining hands in green development, together promoting harmony between humans and nature.”

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Green development is a focus for many countries, including Saudi Arabia. Indeed, one of the objectives of the Kingdom’s Vision 2030 reform agenda is ensuring sustainable practices in social and economic development.

Two such strategies launched by the Kingdom to promote green development and a low-carbon future are the Saudi Green Initiative and the Middle East Green Initiative.

Together, these initiatives aim to increase vegetation cover in Saudi Arabia and across the region by planting billions of trees to mitigate the effects of climate change and to help slow the rise of global temperatures in line with the Kingdom’s net-zero commitments

Another regional state that is making green development a key priority is Iran.

During the SCO conference in Shandong’s port city of Qingdao, Ali Salajegheh, vice president and head of Iran’s Department of Environment, discussed his country’s commitment to fighting climate change.

One example of this is the country’s role in hosting the International Conference on Sand and Dust Storms in 2023.




Family picture of the participants of the Green Development Forum held in Shandong, China, earlier this month. (Supplied)

However, Salajegheh believes that addressing social and political issues is crucial to preventing a deepening of the environmental crisis in the region, including the need for economic stabilization and poverty reduction.

“Developing countries should make sure of their social and economic development as the main priority because the fight against poverty and the development of health and the provision of housing and energy is still for a significant part of the developing world considered a basic priority,” he said, according to Iran’s state news agency IRNA.

These efforts and more will be on the agenda at the 29th UN Climate Change Conference — COP29 — in Baku this November. In the run-up to this major event, host nation Azerbaijan has been working hard to achieve its green development goals.

DID YOUKNOW?

Azerbaijan’s capital Baku will host COP29 in November.

COP29 Presidency aims to raise ambition and enable action.

Baku is committed to developing the nation’s renewable energy potential.

Policies include tax breaks on electric vehicles and investment in education.

Although Azerbaijan is a major player in the global oil and gas industry, ranking 20th in the world for proven oil reserves, one of the key pillars of its green development strategy is the rapid expansion of renewable energy infrastructure.

The country has made significant changes to reduce its dependence on fossil fuels, begin the transition to renewable energy, and participate in the global effort to combat climate change.




The 230MW Garadagh Solar Power Plant project in Azerbaijan. (AN photo by Haifa Alshammari)

In 2020, an agreement was signed between Azerbaijan’s Ministry of Energy and UAE firm Masdar to establish the country’s first solar energy facility — the 230-megawatt Garadagh Solar Power Plant.

The project occupies 550 hectares and currently boasts 570,000 bifacial photovoltaic panels, which capture the direct light of the sun and the reflection of sunlight from the ground.

Murad Sadikhov, Masdar’s country manager, told Arab News that the facility has a capacity of 230 megawatts, which generates more than 500 million kilowatt-hours per year.

“Masdar has invested in a total capacity of more than 24GW (gigawatts) of renewable energy projects in more than 40 countries worldwide and aims to increase this to 100GW by 2030,” he said.

“In Azerbaijan, in addition to the 230MW Garadagh Solar Power Plant, the foundations for three renewable energy plants with a total installed capacity of 1GW have been laid.”




Murad Sadikhov, country manager at The 230MW Garadagh Solar Power Plant project in Azerbaijan. (AN photo by Haifa Alshammari)

Alongside the implementation of renewable energy projects, Azerbaijan is also encouraging the public to shift from using fossil fuel-intensive vehicles to adopting green modes of transport.

“The government is promoting a green agenda, not only in terms of establishing generative capacity but also on the demand side,” said Sadikhov.

“They promote electrical vehicles. They started the electromobility master plan. They hired prominent consultants. They established new rules and legislations such as the tax relief for EVs and are promoting EVs for public transportation, trying to maximize the use of electric transportation.”




Significant strides have been made in tapping Azerbaijan’s immense wind energy potential. The Azerbaijan 240 MW Wind Farm, for one, is being developed by Saudi Arabia’s ACWA Power.

Azerbaijan is also investing heavily in raising public awareness about environmentally friendly practices and training the next generation of sustainability professionals. “Most of the universities now have special programs for renewable energy,” said Sadikhov.

Although green development strategies have been adopted by several nations across Asia, experts and officials are keenly aware that more needs to be done to respond to the climate challenge without undermining social and economic development.
 

 


Saudi Arabia’s NEOM gigaproject a ‘generational investment,’ minister says

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Saudi Arabia’s NEOM gigaproject a ‘generational investment,’ minister says

RIYADH: Saudi Arabia’s NEOM gigaproject, a futuristic region being built in the desert, is a “generational investment” with a long timeline, the country’s investment minister told Reuters on Monday, adding that foreign investment will pick up pace.
“NEOM was not meant to be a two-year investable opportunity. If anybody expected NEOM to be foreign investment in two, three or five years, then they have gotten (it) wrong — it’s a generational investment,” Minister Khalid Al-Falih said on the sidelines of the World Investment Conference in Riyadh.
“The flywheel is starting and it will gain speed as we go forward, as some of the foundational assets come to the market,” he said.
The world’s top oil exporter has poured hundreds of billions of dollars into development projects through the kingdom’s $925 billion sovereign fund, the Public Investment Fund (PIF), as it undergoes an economic agenda dubbed Vision 2030 to cut dependence on fossil fuels.
NEOM, a Red Sea urban and industrial development nearly the size of Belgium that is meant to eventually house 9 million people, is central to Vision 2030. Saudi Arabia has scaled back some lofty ambitions to prioritize completing elements essential to hosting global sporting events over the next decade as rising costs weigh, sources told Reuters earlier this month. NEOM announced this month its long-time chief executive, Nadhmi Al-Nasr, had stepped down, without giving further details.
Asked what effect the departure would have on investors, the minister said the executive had done “a respectable job” but that “there is a time for everybody to pass on the baton.”
Asked if PIF will continue to do much of the spending on NEOM until more foreign funds come in, Al-Falih said it was not binary.
“I think foreign investors are starting to come to NEOM, they’re starting to channel capital. Some of the projects that the PIF will be doing will be financed through global capital pools, through some alternative and private capital. That’s taking place as we speak,” he said.
“So I urge you not to look at NEOM as being 100 percent PIF and then suddenly there will be a cliff and it will go private.”
Saudi Arabia, which is racing to attract $100 billion in annual foreign direct investment by the turn of the decade — reaching about a quarter of that in 2023 — has recently seen more co-investment deals between state entities and foreign investors.
“It’s always been the intent,” Al-Falih said of foreign inflows alongside state funds.
He noted that foreign investors were at times “still looking, still examining, still sometimes questioning,” but that now there was confidence in the profitability of investment opportunities and that “the risk-return trade-offs are very, very fair and positive to them.”

Saudi crown prince extends condolences to Kuwaiti counterpart on death of Sheikh Mohammed Abdulaziz Al-Jarrah Al-Sabah

Updated 26 November 2024
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Saudi crown prince extends condolences to Kuwaiti counterpart on death of Sheikh Mohammed Abdulaziz Al-Jarrah Al-Sabah

RIYADH: Saudi Crown Prince Mohammed bin Salman sent a cable of condolences to Kuwaiti Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah on the passing of Sheikh Mohammed Abdulaziz Hamoud Al-Jarrah Al-Sabah.
In the cable, the crown prince extended his deepest sympathy to Sheikh Sabah and the family of the deceased.


Saudi tech diplomat meets Iraqi PM to discuss digital cooperation

Updated 25 November 2024
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Saudi tech diplomat meets Iraqi PM to discuss digital cooperation

  • Deemah Al-Yahya, head of the multilateral Digital Cooperation Organization, commended Iraq’s investment in human capital as driver for growth and expansion of digital economy
  • Iraq has been working in recent years to develop a strategy for digital transformation to help support the private and public sectors and grow the economy

RIYADH: Saudi senior tech diplomat Deemah AlYahya, the secretary-general of the multilateral Digital Cooperation Organization, held talks on Monday with Iraq’s prime minister, Mohammed Shia Al-Sudani, about support for Baghdad’s plans to develop its digital business and artificial intelligence sectors.

They discussed Iraq’s strategy for digital transformation, and the need to create and develop a workforce with the tech skills required to help grow the Iraqi economy effectively, the Saudi Press Agency reported.

Though Iraq is not a member of the DCO, an international body that focuses on the digital economy, Al-Sudani said his country is keen to work with the organization to meet the nation’s needs for a skilled workforce in the business sector.

AlYahya commended Iraq for the progress it has already made in terms of investment in the human capital needed to develop the digital skills that are essential to drive growth in a digitized economy.

Iraq has been working in recent years to develop a strategy for digital transformation to help support the private and public sectors and grow the economy. Authorities this month organized the first Digital Space Iraq Forum, which focused on the use of advanced technologies, including AI, to help build a comprehensive digital economy.

The DCO says that since it was founded in November 2020, it has been at the forefront of efforts to curate policies and initiatives to support the digital economy in several countries. Currently, 16 nations are members, including Saudi Arabia, Jordan, Pakistan, Bahrain, Bangladesh and Oman. It also has 39 observer partner organizations.

DCO member states have a collective gross domestic product of $3.5 trillion and serve a combined market of nearly 800 million people, more than 70 percent of whom are under the age of 35.


Saudi FM pushes for regional stability at G7-Arab foreign ministers meeting

Updated 25 November 2024
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Saudi FM pushes for regional stability at G7-Arab foreign ministers meeting

  • In his address, Prince Faisal highlighted the ongoing crises in Gaza and Lebanon

RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan took part in an expanded session of the second meeting between G7 foreign ministers and their counterparts from Arab nations on Monday, the Saudi Press Agency reported.

The meeting was hosted in Italy under the theme “Together for the Stability of the Middle East.”

The session, which addressed pressing regional and international challenges, was held with the participation of Saudi, Jordanian, Emirati, Qatari and Egyptian officials, as well as the secretary-general of the Arab League.

In his address, Prince Faisal emphasized the importance of strengthening partnerships to address these challenges effectively.

He highlighted the ongoing crises in Gaza and Lebanon, urging the international community to act immediately to secure a ceasefire, facilitate unrestricted humanitarian aid, and progress toward establishing an independent Palestinian state.

He also called for respect for Lebanon’s sovereignty, and renewed international efforts to resolve the crisis in Sudan and alleviate the resulting human suffering.

The meeting was also attended by Prince Faisal bin Sattam bin Abdul Aziz, Saudi ambassador to Italy, the SPA reported.


Scientists awarded for sustainable water innovation at Saudi conference

Updated 25 November 2024
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Scientists awarded for sustainable water innovation at Saudi conference

  • Research aims to improve desalination efficiency
  • Makkah’s deputy emir in attendance

JEDDAH: Scientists were awarded prizes for their work in researching desalination and wastewater treatment technologies during an event in Jeddah on Monday.

The third edition of the Innovation-Driven Water Sustainability Conference was attended by 480 experts, scientists, researchers, specialists and 40 leading organizations in the water sector, from 20 countries.

The grand prize — the Global Prize for Innovation in Desalination 2024 — went to Lee Nuang Sim from Singapore’s Nanyang Technological University for his project “uncovering the power of centrifugal reverse osmosis,” and Sue Mecham, CEO of NALA Membranes, for her project “chlorine stable new membranes for sustainable desalination and wastewater treatment/reuse.”

Visitors attend the third Innovation-Driven Water Sustainability Conference in Jeddah on Nov. 25, 2024. (Supplied)

Mecham, from North Carolina, US, spoke to Arab News after receiving her award, saying: “We are honored to be selected for the Global Prize for Innovation in Desalination 2024. Our mission is to bring new membranes to market and reduce the cost and complexity of water purification.”

Meanwhile, Saudi Ghadeer Al-Balawi from the University of Tabuk was another one of this year’s prizewinners with her project “novel heterogeneous catalysts for improving wastewater treatment plants in Saudi Arabia.”

Al-Balawi told Arab News: “I am incredibly honored to be one of the recipients of the Global Prize for Innovation in Desalination 2024. This recognition means so much to me. This project has been conducted at the University of Sheffield with hard work and dedication with the assistance of my supervisor, Dr. Marco Conte.”

The event’s opening ceremony was attended by Makkah Deputy Emir Prince Saud bin Mishal and Minister of Environment, Water and Agriculture Abdulrahman Abdulmohsen Al-Fadley, as well as other senior officials.

Following the opening, Abdullah Al-Abdulkarim, chairman of the Saudi Water Authority, said that the event reflects the Kingdom’s commitment to promoting scientific and research innovation as a pillar for achieving water sustainability and security.

Through the conference, the SWA aims to share the impact of innovation in promoting the sustainable supply of water, according to SWA spokesperson Sultan Al-Rajhi.

“This conference discusses the latest global practices and innovative solutions in the water industry, with the participation of experts, scientists and specialists, who emphasize the pivotal role of innovation in accelerating the future prosperity of water and achieving the Sustainable Development Goals for water and the environment,” he said.

The two-day conference will continue to feature discussions on more than 180 research papers, as well as a water hackathon organized by the Saudi Water Innovation Center.