world’s largest oil exporter aims to reach zero net carbon emissions by 2060, crown prince says – .

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world’s largest oil exporter aims to reach zero net carbon emissions by 2060, crown prince says – .


The country aims to achieve its goal “through its circular carbon economy approach in line with the kingdom’s development plans,” bin Salman said at the Saudi Green Initiative forum.

State-owned Aramco, the world’s largest oil company, plans to achieve the same by 2050, Aramco Chairman and CEO Armin Nasser said at the forum.

The crown prince added that Saudi Arabia would plant more than 450 million trees as part of the first phase of afforestation initiatives and rehabilitate degraded land to increase protected areas in the kingdom to more than 20%, reported the Saudi press agency.

The crown prince also said that Saudi Arabia will transform Riyadh into “one of the most sustainable cities in the world”.

The Saudi Green Initiative Forum is being held in Riyadh on Saturday to bring together businesses, international NGOs and environment and climate ministers ahead of COP26 talks from October 31 to November 12 at the Scottish Event Campus in Glasgow.
Prince Charles gave a keynote address at the forum, warning in a virtual address that there is a “dangerously narrow window” to accelerate the global “green recovery”, adding that the international community must mobilize to lay the groundwork for a sustainable future.

Saudi Arabia’s efforts “in the area of ​​energy transition are of crucial importance,” he said.

“I can only say that it is extremely encouraging to see the commitment to diversify its energy mix, recognizing the cascading economic, social and environmental benefits that renewables provide,” added Prince Charles.

Elle Pickston of CNN contributed to this report.

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