Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Advanced technology can tackle climate change challenges  Join our daily free Newsletter

MENAFN - Arab News - 08/12/2012

No. of Ratings : 0
Add to Mixx!


Petroleum and Mineral Resources Minister Ali Al-Naimi addressing the UN conference on climate change in Doha on Wednesday. (AN photo)
(MENAFN - Arab News) Saudi Arabia has outlined its many efforts in addressing the challenge of climate change at the ongoing UN conference in the Qatari capital Doha.

"We have been talking about the urgent need to address climate change for many years. And now the sustainable development model that we have followed since 1992 gives us a real opportunity to tackle this challenge," said Petroleum and Mineral Resources Minister Ali Al-Naimi.

Delivering the opening address at the UN Climate Change Conference (COP18) on Wednesday, he said: "We believe that all people, and all government, share this responsibility and each and every one of us has a role to play, taking into account the need for developed countries to take the lead in this regard, based on their historical responsibility."

According to him, the big challenge is how to make a difference without harming prospects for sustainable growth and prosperity, particularly in developing economies.

"Saudi Arabia believes that advanced technology will provide the answer to these challenges, as it has done for mankind throughout history," he said. "But this will require greater innovation, further collaboration and increased investment."

Saudi Arabia is striving hard to diversify its economy away from its over-reliance on hydrocarbons. "We are making major investments in infrastructure development throughout the Kingdom to raise the resilience of our economy," said Al-Naimi.

He pointed out that Saudi Arabia is investing heavily in solar technology and technology for carbon capture, utilization and storage. "We are now in the process of developing the appropriate framework for this investment; we have put ambitious goals for increasing energy efficiency," he said.

Saudi Arabia's efforts in research and technology development are gaining momentum through the piloting of capture technologies from stationary and mobile carbon sources.

"In addition, creative solutions are being pursued to generate value out of captured carbon and develop cleaner and more efficient petroleum fuels for transportation," he said.

According to Al-Naimi, the Kingdom has placed great emphasis on educating the younger generation about complementary sources of energy, stressing that it is in Saudi Arabia's fundamental, long-term economic interest.

"Saudi Arabia is working with our GCC partners into transferring these efforts as contributions under the convention ... We are discussing with other parties informally on how we can package these efforts under a window that would take into account the nature of our program for economic diversification that currently relies on a limited sector of development," he said.

The Qatar conference, he said, is a unique opportunity to strengthen the implementation of the Convention and its Protocol, as well as set the foundation for the future enhancement of the Framework Convention on Climate Change, and in particular the principle of common but differentiated responsibilities.

"On behalf of Custodian of the Holy Mosques King Abdullah, it is an honor for me to stand before you in this historic moment when the meeting is held in the GCC region for the first time," said Al-Naimi.

"The government of Saudi Arabia would like to thank the Qatari government for its great effort in preparation for this conference, which created the opportunity to achieve success and positive decisions for the benefit of all mankind."

Later in the day, Al-Naimi toured the Saudi pavilion at the Qatar Sustainability Expo. The Saudi pavilion also received ministers, senior government officials, diplomats and prominent business leaders.

Mohamed bin Saleh Al-Sada, Qatar's minister of energy and industry and chairman and managing director of Qatar Petroleum, was warmly received at the Saudi pavilion and was taken on a tour and briefed on various Saudi projects and initiatives by Saudi Aramco President and CEO Khalid A. Al-Falih.


  MENA News Headlines
Apr 23 2014Omantel launches service package for youth ,MENAFN
(MENAFN) Omantel announced launching 'Ozone' plan, a new package designed especially for the youth. This comes with the company"s constant efforts to enhance the communication needs of its customers, ...

Apr 23 2014Dh154 billion for Arabtec projects ,Khaleej Times
(MENAFN - Khaleej Times) Arabtec will spend dh140 billion on building one million low-cost houses in egypt and dh14 billion on five mixed-use residential projects in abu dhabi and dubai its chief ...

Apr 23 2014?Titli? makers excited about Cannes selection ,Khaleej Times
(MENAFN - Khaleej Times) The movie about the badlands of delhi?s dystopic underbelly will be in competition as part of the un certain regard section of the 67th cannes film gala to be held may ...

Apr 23 2014Saudi- Yaroub Bashraheel: In search of peace ... underwater ,Arab News
(MENAFN - Arab News) You've heard of diving snorkeling and other water activities but rarely has anyone heard of free-diving. it's a form of diving underwater without the aid of any breathing ...

Apr 23 2014Saudi- Schneider highlights intelligent health care solutions at forum ,Arab News
(MENAFN - Arab News) Schneider electric a global specialist in energy management is set to showcase its leadership in intelligent health care solutions at the second saudi forum for planning and ...

Apr 23 2014Saudi- Divorcees can seek housing ,Arab News
(MENAFN - Arab News) The kingdom will accept applications from saudi divorced women and widows for financial and housing support said justice minister muhammad al-issa.al-issa called on applicants ...

Apr 23 2014Saudi Savola Group revenue up 43 pct in Q1 ,MENAFN
(MENAFN) Saudi Arabia's Savola Group registered a 43 percent increase in profits in the first quarter, well over expectations of analysts, Arabian Business reported. According to a statement to ...

Apr 23 2014Saudi- New passport office opens at Red Sea Mall ,Arab News
(MENAFN - Arab News) The passport department has opened a new office for citizens and residents at the red sea mall.gen. abdul rahman bin abdullah al-tuwairki deputy director general of the ...

Apr 23 2014Local international companies come out in force ,Khaleej Times
(MENAFN - Khaleej Times) Cityscape abu dhabi has started showing stronger interest from property developers who have showcased their upcoming projects. the three-day realty show was opened by ...

Apr 23 2014ADCB NIC in Dh950 million deal ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi commercial bank or adcb this week inked a dh950 million term facility to provide national investment corporation or nic the developer of the breakwater area in ...

Apr 23 2014Gitex Shopper Spring 2014 to open doors today ,Khaleej Times
(MENAFN - Khaleej Times) Gitex shopper spring 2014 is set to open doors today with best bargains on latest tech products along with millions of dirhams worth of prizes during the four-day ...

Apr 23 2014Dewa and GE explore collaboration opportunities ,Khaleej Times
(MENAFN - Khaleej Times) Saeed mohammed al tayer managing director and chief executive officer of the dubai electricity and water authority (dewa) recently received a ge delegation to explore ...

Apr 23 2014Kowait- Police deportation powers curbed ,Arab Times
(MENAFN - Arab Times) Kuwait city april 3 (afp): kuwaiti police will no longer be able to deport expatriates without interior ministry approval under new rules published thursday after officers ...

Apr 23 2014Lebanon sends trapped citizens aid ,Arab News
(MENAFN - Arab News) Ras al-harf: lebanese authorities on tuesday sent a rare aid convoy to the town of tufeil an island of lebanese territory inside syria where thousands have become trapped in ...

Apr 23 2014Tamouh steps up activity on projects ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi-based real-estate developer tamouh has scaled up construction activity on all of its announced reem island projects to meet the rising demand for prime spaces in ...

Apr 23 2014Saudi- Insurance sector index surges 2.27% ,Arab News
(MENAFN - Arab News) The benchmark tadawul all-share index (tasi) closed tuesday's trading session down by 11.18 points or 0.12 percent to 9606.58 after being low as much as 55 points during the ...

Apr 23 2014Saudi- Academic named global English program reviewer ,Arab News
(MENAFN - Arab News) An academic at king abdulaziz university (kau) in jeddah has been named as an official reviewer for the commission on english language program accreditation (cea) a us-based ...

Apr 23 2014Here?s your chance to share screen space with SRK ,Khaleej Times
(MENAFN - Khaleej Times) Groupon india has joined hands with srk?s red chillies entertainment to give fans a chance to feature with the superstar in his upcoming film ?happy new year?. if you ...

Apr 23 2014Kowait- Amiri Diwan urges all off tape case ,Arab Times
(MENAFN - Arab Times)  kuwait city april 9 (agencies): the amiri diwan has called on everybody to steer clear of the controversial tape issue and let the public prosecution take the necessary ...

Apr 23 2014Kowait- New hospital to be ready by 2014 end ,Arab Times
(MENAFN - Arab Times) Kuwait city jan 14 (kuna): director of the 'mega projects 3' group at kuwait oil company (koc) yaqoub dashti said on tuesday that the new ahmadi hospital would be ready to ...


Click to Apply



Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Investment Game
Economic Calendar
Financial Glossary

Portfolio Tracker


Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help