- Prince Mohammed said that the Kingdom is working to develop a comprehensive and integrated energy-saving system
- Added availability of and accessibility to energy is a priority for the Kingdom
RIYADH: Saudi Arabia is committed to “reducing greenhouse gas emissions and adapting to the negative effects of climate change,” Crown Prince Mohammed bin Salman said at the G20 summit that ended on Saturday in Osaka, Japan.
Prince Mohammed said that the Kingdom is working to develop a comprehensive and integrated energy-saving system through energy efficiency programs.
He also said that the Kingdom has recently launched several projects aimed at increasing the production of renewable energy, and that integrating and exploiting all energy sources is a necessity.
The crown prince continued by saying that due to Saudi Arabia’s pivotal role in the world economy, the availability of and accessibility to energy is a priority for the Kingdom.
He added that due to more than a billion people not having a permanent source of energy around the world, the Kingdom stresses the need for cooperation on this issue and the support of less developed countries. He cited the 2008 Energy for the Poor Initiative as an example of this.
Prince Mohammed added that the Kingdom emphasizes the importance of the security and safety of energy supplies to ensure that the basic needs of the global economy are met.