Saudi Arabia to establish climate change center, approves private sector program
(MENAFN) The Kingdom of Saudi Arabia is set to establish a Regional Center for Climate Change, as part of its efforts to protect the environment. The plan was recently approved by the Kingdom's cabinet during a meeting chaired by crown prince Mohammed bin Salman. According to the Saudi Press Agency, the center will focus on building the necessary knowledge base to encourage adaptation to climate change, reduce its negative impacts, and achieve sustainability in alignment with the goals of the Saudi Vision 2030.
This move comes amid growing concerns about the impact of climate change on the region, including rising temperatures, water scarcity, and natural disasters. The establishment of a dedicated center to address these issues highlights the Kingdom's commitment to combatting climate change and protecting the environment.
In addition to the Regional Center for Climate Change, the cabinet also endorsed the first wave of projects supported by the Private Sector Partnership Reinforcement Program, also known as Shareek. The program is worth over SR192 billion (USD51.14 million) and is expected to boost economic growth by promoting private-sector investment, increasing domestic content, and raising the Kingdom's gross domestic product. These initiatives demonstrate the Kingdom's efforts to promote sustainable development and support its long-term economic goals.
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