Saudi Arabia will contribute $2.5 billion to a green initiative in the Middle East over the next ten years, Crown Prince Mohammed bin Salman announced during the Cop27 UN climate summit on Monday.
The kingdom's sovereign wealth fund, the Public Investment Fund, will also target net zero emissions through sustainable development by 2050, the prince said.
Prince Mohammed was speaking at the second edition of the Middle East Green Initiative conference being held in Cairo alongside the Cop27 climate change summit in Egypt.
He told attendees that the kingdom aims to provide more sustainable energy systems and that Saudi Arabia would build a prominent headquarters for the initiative.
“With concerted regional efforts, the initiative seeks to support efforts and co-operation in the region to reduce and eliminate emissions by more than 670 million tonnes of carbon dioxide equivalent,” he said.
This is the amount of all nationally determined contributions made by countries in the region, around 10 per cent of global carbon emissions when the initiative was announced, the crown prince said.
The prince also announced a plan for “planting 50 billion trees to increase the area covered with trees 12 times and the reclamation of 200 million hectares of degraded land, reducing 2.5 per cent of global emissions”.
He added that by the kingdom would use renewables for 50 per cent of its electricity generation by 2030 and have removed 44 million tons of carbon emissions by 2035.
Prince Mohammed said the kingdom launched the Saudi Green Initiative to reduce emissions by more than 278 million tonnes of carbon dioxide by 2030, through many initiatives.
This includes an international co-operation platform to implement projects, a regional investment fund dedicated to financing solutions for circular carbon economy technologies and the “Clean Fuel Solutions Initiative for Food Savings”.
The second Middle East Green Initiative (MGI) Summit and Saudi Green Initiative (SGI) Forum is being held in Sharm El Sheikh in tandem with Cop27.
The MGI Summit was held on Monday and the SGI Forum on November 11 and 12.
The second SGI Forum will feature an elite line-up of climate experts and thought leaders to discuss the progress that has been made towards achieving climate targets announced by the kingdom last year.
The theme of this year’s forum, “from ambition to action”, reflects Saudi Arabia’s determination to turn these targets into reality.
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- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
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Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz
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Countdown to Zero exhibition will show how disease can be beaten
Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a month before Reaching the Last Mile.
Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.
Conflict, drought, famine
Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.
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Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.
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UAE currency: the story behind the money in your pockets
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