Saudi Arabia's Commitment to Clean Energy and Sustainable Industry
Key Ideas
  • Saudi Arabia's Minister of Industry reaffirmed the country's dedication to clean energy and sustainable industry at the Saudi Green Initiative Forum.
  • The development of the world's largest green hydrogen production facility in NEOM is set to contribute significantly to global green hydrogen targets.
  • Initiatives like the Liquid Fuel Displacement Program and sustainable mining practices demonstrate the Kingdom's commitment to reducing carbon emissions and promoting environmental sustainability.
  • The successful coexistence of industry and environmental stewardship in Jubail Industrial City showcases Saudi Arabia's progress in balancing industrial growth with eco-friendly practices.
During the Saudi Green Initiative Forum in Riyadh, Minister Bandar Alkhorayef emphasized Saudi Arabia's commitment to advancing clean energy and sustainable industry. He highlighted the development of the world's largest green hydrogen production facility in NEOM, aiming to contribute 10% of global green hydrogen production targets. Alkhorayef stressed the importance of international collaboration for achieving carbon neutrality. The minister also showcased initiatives like the Liquid Fuel Displacement Program to reduce carbon footprints in industrial facilities. He pointed to Jubail Industrial City as a model of balancing industrial growth with environmental sustainability. Saudi Arabia's prominence in the global mining sector was underscored, with a focus on sustainable practices and the phosphate mine in Wa’ad Al-Shamal. Alkhorayef detailed the Kingdom's success in transforming raw materials into high-value products like aluminum from bauxite. The minister highlighted the significance of the international Future Minerals Forum as a platform for addressing challenges, promoting sustainability practices, exploring innovative financing solutions, and building effective partnerships.
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