Saudi Arabia is on track to achieve its goal to reduce carbon emissions by 278 million tonnes a year by 2030, officials said at the Saudi Green Initiative (SGI) Forum on Monday.
The kingdom has added 2.1 gigawatts of renewable energy to its grid since last year bringing the total capacity of installed renewable energy to 2.8 gigawatts, marking a 300 per cent increase, the officials said.
By the end of the year, production capacity of renewable energy projects under construction in Saudi Arabia is expected to exceed 8 gigawatts, with an additional 13 gigawatts of capacity in various stages of development across several projects.
Saudi Arabia, the world's biggest crude exporter and the Arab world's biggest economy, has set ambitious targets to fight climate change and cut carbon emissions to overhaul its economy and reduce its reliance on oil.
It has set a target of achieving net-zero carbon emissions by 2060.
An $8.5 billion green hydrogen project is being developed in the kingdom’s smart city Neom.
The project, which is expected to come on stream in 2025, will use 4 gigawatts of renewable power from solar, wind and storage to produce 650 tonnes a day of hydrogen from electrolysis.
It will produce about 1.2 million tonnes of green ammonia a year.
The UAE, Saudi Arabia and Qatar have been most active in the GCC region in adopting measures aimed at mitigating climate change, despite their reliance on oil and gas exports, according to the Middle East and Africa Environmental Sustainability scorecard, commissioned by Kuwait’s Agility and compiled by Geneva-based Horizon Group.
The index examined the performance of 17 countries in areas such as environmental sustainability outcomes, government policies and corporate practices.
Saudi Aramco, the world’s largest oil exporting company, was among the 50 oil and gas companies that signed the Oil and Gas Decarbonisation Charter, which calls for net-zero emissions by 2050 or before and near-zero upstream methane emissions by the end of the decade.
Meanwhile, Acwa Power, which is backed by the Public Investment Fund, has operations in 12 countries across the Middle East, Africa, Central Asia and South-east Asia.
The International Energy Agency expects global demand for oil and gas to peak by 2030 amid rising adoption of renewable-energy technology and electric vehicles.
Renewable energy is expected to make up nearly half of the global electricity mix by the end of the decade under current policies, the Paris-based agency said in its World Energy Outlook report in October.
By the end of the decade, there will be 10 times as many electric cars on the road worldwide, with the share of renewable energy in power generation rising to 50 per cent from 20 per cent now, the IEA said.
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8 traditional Jamaican dishes to try at Kingston 21
- Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
- Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
- Mento Oxtail: flavoured oxtail stewed for five hours with herbs
- Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
- Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
- Jamaican beef patty: a pastry with ground beef filling
- Hellshire Pon di Beach: Fresh fish with pickles
- Out of Many: traditional sweet potato pudding
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'Gehraiyaan'
Director:Shakun Batra
Stars:Deepika Padukone, Siddhant Chaturvedi, Ananya Panday, Dhairya Karwa
Rating: 4/5
Titanium Escrow profile
Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue
Stage: Early stage
Investors: Founder's friends and Family
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Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
War
Director: Siddharth Anand
Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor
Rating: Two out of five stars
HAJJAN
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NBA Finals so far
(Toronto lead 3-1 in best-of-seven series_
Game 1 Raptors 118 Warriors 109
Game 2 Raptors 104 Warriors 109
Game 3 Warriors 109 Raptors 123
Game 4 Warriors 92 Raptors 105
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
UAE currency: the story behind the money in your pockets
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
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Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
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More on animal trafficking
Checks continue
A High Court judge issued an interim order on Friday suspending a decision by Agriculture Minister Edwin Poots to direct a stop to Brexit agri-food checks at Northern Ireland ports.
Mr Justice Colton said he was making the temporary direction until a judicial review of the minister's unilateral action this week to order a halt to port checks that are required under the Northern Ireland Protocol.
Civil servants have yet to implement the instruction, pending legal clarity on their obligations, and checks are continuing.
