Saudi Arabia and France are set to collaborate on three renewable energy projects, which will be officially announced by Saudi Energy Minister Prince Abdulaziz bin Salman in the presence of French President Emmanuel Macron. The projects are part of Saudi Arabia's efforts to lead the global transition toward sustainable energy. Minister of Investment Khalid Al-Falih emphasized the importance of green finance and highlighted key areas such as water management and combating desertification. He also mentioned that trillions of dollars in annual investments are required globally to address these challenges. Saudi Arabia is positioning itself as a global hub for green investment, backed by robust demand, investor trust, and stable governance.
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Original article source: https://www.arabnews.com/node/2581621/business-economy
Source Id: 2024-12-564389106