Skip to content Skip to Search
Skip navigation

Saudi to hold green forum during Cop28 in Dubai

By Pramod Kumar
tree plantation Unsplash.com
Saudi Arabia plans to plant 10 billion trees across the country in the coming decades

Saudi Arabia will hold its third green initiatives forum during the Cop28 summit in Dubai on December 4.

The Saudi Green Initiative (SGI) forum will build on the 2021 inaugural event in Riyadh, which unveiled the kingdom’s 2060 net zero commitment and last year’s conference held in Egypt during Cop27, the state-run Saudi Press Agency reported.

Under the Saudi Green Initiative the kingdom will plant 10 billion trees in the coming decades and designate 30 percent of the country’s land and sea territories as protected areas by 2030.

In addition, Riyadh has committed to reducing carbon emissions by 278 million tonnes annually by 2030.

The national goals will help to achieve regional targets set out under the Middle East Green Initiative of eliminating 670 million tonnes of carbon dioxide equivalent and planting 50 billion trees across the region.

Latest articles

Shein IPO

Mubadala-backed Shein courts investors before London IPO

Chinese fashion retailer Shein, which is backed by the Abu Dhabi sovereign wealth fund Mubadala, is courting European investors before an initial public offering on the London Stock Exchange. Shein is due to hold informal meetings to answer questions and test the investment appetite of major investors in the coming weeks, before its planned IPO […]

Workers stand on a scaffold in Dubai. Building a high rise in the UAE can be as much as two thirds cheaper than in other major cities

Apartments in UAE among cheapest to build in the world

Building a standard residential high-rise in Dubai or Abu Dhabi is up to two-thirds cheaper than in other major global cities, thanks to land, labour and raw materials all costing much less. Land is up to three times cheaper in the UAE compared with the prices paid in New York, London, Hong Kong and Singapore […]

Despite challenges to the economy, Kuwait's bank sector remained resilient, the country's central bank says

Kuwait’s economy holds up against challenges, says central bank

Robust spending and “long-due” structural reforms expected to accelerate following “recent political developments” will help Kuwait’s economy overcome some challenges, according to the Central Bank of Kuwait (CBK). Kuwait faced multiple challenges in 2023 in the face of high inflation, rising global interest rates and bubbling geopolitical tensions in the region, according to CBK’s 12th […]

Saudi Arabia data centre

Four-fold boost to Saudi data centres planned

Saudi Arabia plans to boost its data centre capacity four-fold to more than 1,000 megawatts over the next five years, according to one of the country’s leading data centre providers. The current capacity in the kingdom is approximately 250-300MW. Abdullah Al Ghamdi, CEO of Al Moammar Information Systems (MIS), revealed the target in an interview […]