Saudi Arabia is developing the world's largest green hydrogen production facility at NEOM, aiming to meet 10% of global green hydrogen targets, as announced by Minister of Industry and Mineral Resources Bandar Alkhorayef at COP16. The facility aligns with the Saudi Green Initiative to promote clean energy and reduce carbon emissions, highlighting the importance of global collaboration for carbon neutrality. Alkhorayef emphasized the transition to environmentally friendly technologies and the Liquid Fuel Displacement Program to reduce industrial carbon footprints. The Saudi Green Initiative Forum 2024 introduced five new initiatives with a value of over $60 million to enhance afforestation, reduce air pollution, and improve biodiversity in the Kingdom. Additionally, Alkhorayef emphasized Saudi Arabia's success in sustainable mining practices, with mineral resources worth $2.5 trillion and a commitment to environmental safety standards, showcasing the Kingdom's contributions to global food security and advancements in high-value product conversion.