GRI engagements underline role of transparency in driving action
With the UN Climate Change Conference – COP26 – getting underway in Glasgow next week, GRI is urging all organizations to be open about their impacts on the planet, as transparency is an essential precursor for reaching global solutions to a global problem. GRI, as provider of the common language for companies to communicate their […]
Global hydrogen demand could rise by six-fold to 530 Mt in 2050
The time is ripe for the world’s major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK). The global energy market was worth an eye-watering US$2 trillion in 2020, contributing to more than 9 billion tonnes of carbon dioxide equivalent […]
NOCs must not only understand the latest challenges at hand but also ensure they evolve to endure – something achievable through holistic strategy and technology deployment
With the Middle East demonstrating an unrelenting willingness to combat the climate crisis and make further progress en route to a sustainable future, the immediate future demands anticipation and action in equal measure. While roadmaps have already been established to meet related objectives, the wider energy system is continuously changing in times of disruption and […]
The second day of the 5th Anniversary Future Investment Initiative (FII), which kicked off in Riyadh on Tuesday with world leaders, global CEOs, investors, and policymakers in attendance, saw another day of lively debate and discussions including the impact of climate change, investing in green initiatives, ESG and sustainable food security and their influence on […]
Echoing statements made by HRH the Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud at the original announcement of Saudi Green Initiative, the UK’s Prime Minister Boris Johnson has said the world must go “further and faster” to combat climate change by the middle of the century. In a statement to the inaugural Middle […]
Speaking at the Middle East Green Initiative Summit in Riyadh, BlackRock chairman and CEO Larry Fink predicted the next 1,000 global companies valued at more than one billion dollars will be sustainable companies. Mr Fink said: “It’s my belief that the next 1,000 unicorns – companies that have a market valuation over a billion dollars […]
This is part of a series of agreements recently signed by QatarEnergy expanding its international presence
QatarEnergy and Korea’s Hydrogen Convergence Alliance (H2Korea) signed an agreement to cooperate on hydrogen projects. The agreement provides a framework of cooperation between developing hydrogen energy sectors in both countries, and to share ideas and specific plans to encourage the growth of the hydrogen industry and the expansion of the hydrogen energy supply, in addition […]
Prince Charles said that "the kingdom's global leadership in energy transition is critically important".
The UK’s Prince Charles addressed the Saudi Green Initiative Forum in Riyadh, noting the importance of cleaner energy and the need for a green recovery. “At last, and after far too long, climate change and biodiversity loss are clear global challenges of paramount importance to the world,” HRH the Prince of Wales said. “At the […]
This follows the Saudi Crown Prince's announcement of the ambition for KSA to achieve net zero emissions by 2060
Saudi Aramco is aiming to achieve net zero emissions by 2050, the company’s President and CEO Amin Nasser said at the Saudi Green Initiative Forum on Saturday. The announcement came after HRH the Crown Prince Mohammed bin Salman Al Saud revealed that Saudi Arabia aims to achieve net zero emissions by 2060 through the Carbon […]
Saudi Arabia is aiming to achieve net zero emissions by 2060
Saudi Arabia’s “bold” climate action plans have been praised by the United Nations after the Kingdom officially submitted its Nationally Determined Contribution (NDC) emissions pledge. Earlier, HRH Crown Prince Mohammed Bin Salman Al Saud announced that Saudi Arabia aims to achieve net zero emissions by 2060 through the Carbon Circular Economy approach. This is based […]
