Saudi Arabia will launch the Circular Carbon Economy Knowledge Hub
Sharm El Sheikh, Egypt, 12 November 2022: HRH Prince Abdulaziz bin Salman, Saudi Arabia’s Minister of Energy today, announced the inauguration of three new projects that will further enhance the Kingdom’s national and regional climate action. The announcement was made by HRH during the second day of the Saudi Green Initiative (SGI) Forum, being held on the sidelines of COP27 in Sharm El Sheikh. Saudi Arabia will launch the Circular Carbon Economy Knowledge Hub As part of its commitments to the Middle East Green Initiative (MGI), the Kingdom is launching the Circular Carbon Economy (CCE) Knowledge Hub. This platform will facilitate regional collaboration in CCE technologies, and share the information, best practices and learnings that will support the region-wide implementation of NDCs, helping achieve the ambitious targets set under MGI. The Kingdom is establishing regional center to advance emissions reductions Saudi Arabia is working with the United Nations Economic and Social Commission for Western Asia (ESCWA) to establish a regional center to advance emissions reduction. This center will provide opportunities for regional collaboration to accelerate emissions reduction and facilitate the implementation of the CCE. It will also be a powerful platform to represent regional voices, influencing global narratives and developing a roadmap to lower emissions. Saudi Arabia to host MENA Climate Week 2023 Saudi Arabia is working with UNFCCC to host the next MENA Climate Week in 2023. Taking place in the lead up to COP28 (being held in the UAE), this event will bring together key regional and global stakeholders to explore challenge and opportunities, showcase innovation and solutions, and advance climate action.