Saudi Green Initiative Forum

23 October 2021

Riyadh, Saudi Arabia 6:00am GMT

Saudi Green Initiative Forum Program

  • 09:00 – 09:10 Keynote
    WELCOMING REMARKS & PRESENTATION OF SGI

    Setting the scene and announcing KSA’s new environmental objectives.

    H.R.H. Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince of the Kingdom of Saudi Arabia

  • 09:10 – 09:35 Fireside Chat
    SAUDI GREEN INITIATIVE: A TURNING POINT FOR KSA – ON THE PATH TO TRANSFORMATION

    H.R.H. Prince Abdulaziz bin Salman Bin Abdulaziz Al-Saud, Minister of Energy, Kingdom of Saudi Arabia

    Moderators:
    Frederick Kempe, President & CEO, Atlantic Council
    Dr. Angela Wilkinson, CEO, World Energy Council

  • 09:35 – 10:00 Panel
    COUNTDOWN TO COP26: STATE OF PLAY AHEAD OF A CRITICAL SUMMIT

    This session will discuss possible implications of the pre-COP discussions for the strategies of countries in the Middle East, offer projections about what will be achieved during COP26, and how Saudi Arabia and the Middle East together can contribute towards a constructive outcome at this strategic meeting.

    • H.R.H. Prince Abdulaziz bin Salman Bin Abdulaziz Al Saud, Minister of Energy, Kingdom of Saudi Arabia
    • H.E. Dr. Sultan bin Ahmad Al Jaber, Cabinet Member and Minister of Industry and Advanced Technology, Group CEO of Abu Dhabi National Oil Company, United Arab Emirates
    • Marco Alverà, CEO, Snam, Italy
    • Patricia Espinosa, Executive Secretary, UNFCCC

    Moderator: Frederick Kempe, President & CEO, Atlantic Council

    Transition to the next session:
    Inger Andersen, Executive Director, UNEP

  • 10:00 – 10:35 Panel
    AHEAD OF KUNMING: UPDATE ON THE PREPARATIONS FOR THE COP15 ON BIODIVERSITY

    In this panel, environmental leaders will discuss the plan and expectations for the COP15 on biodiversity and their implications for the global effort to restore ecosystems and preserve biodiversity. The conversation will discuss national and regional ambitions and initiatives.

    • Protected areas marine and land
    • Planting 10 billion trees
    • Wildlife protection and management
    • H.E. Eng. Abdulrahman Abdulmohsen AlFadley, Minister of Environment, Water and Agriculture, Saudi Arabia
    • H.E. Mariam bint Mohammed Saeed Hareb Almheiri, Minister of Climate Change and Environment, United Arab Emirates
    • H.E. Lee White, Minister of Water and Forests, Gabon
    • Ibrahim Thiaw, Under-Secretary-General and Executive Secretary, UNCCD

    SPECIAL ADDRESS

    • Hoesung Lee, Chair, Intergovernmental Panel on Climate Change (IPCC)

    Moderator: Eithne Treanor, Presenter

  • 10:35 – 10:40 Keynote
    SPECIAL ADDRESS

    • H.R.H. The Prince of Wales, United Kingdom
  • 10:40 – 10:45 Keynote
    CLIMATE AND SPORT

    • H.R.H. Princess Reema Bandar Al Saud, Board member of the Saudi Arabian Olympic Committee (SAOC) Member of the International Olympic Committee (IOC)
  • 10:45 – 11:15 Panel
    TURNING BACK THE CLOCK ON EXTINCTION

    The challenge is only too real: The world’s wildlife populations have plummeted by over two thirds in the last 50 years. Despite this grim backdrop, there are glimpses of hope. This session will highlight the importance of reconnecting communities and biodiversity and explore what we can learn from natural capital solutions.

    • As we explore how to prevent and reverse the immense loss of biodiversity on our planet, how should the public and private sectors mitigate the main drivers of species loss?
    • Exploring tools for saving species: What is the potential of conservation breeding?
    • What role can natural parks play in biodiversity conservation?
    • How can we promote ecotourism to protect wildlife species?
    • H.R.H. Princess Reema Bandar Al Saud, Saudi Ambassador to the United States of America
    • Dr. Marco Lambertini, Director-General, WWF International
    • Barbara Belvisi, Founder & CEO, Interstellar Lab, France

    Moderator: Sarah Cocker

  • 11:15 – 11:50 Panel
    ATTENTION ALL: IMPORTANT MESSAGE FROM THE RED SEA ECOSYSTEMS

    One of the longest continuous living reefs in the world, the Gulf of Aqaba could potentially be one of the planet’s largest marine refuges from climate change. The ocean and marine ecosystems are fundamental in the stabilization of the world’s complex climate system. Rising ocean temperatures have severely impacted species and ecosystems, causing coral bleaching, the loss of breeding grounds for fish and mammals, increased extreme weather events, and threatened food security. More heat resistant than similar ecosystems, the Red Sea corals represent a unique ecosystem, and they may hold the key to understanding how to tackle coral bleaching elsewhere.

    • What can key regional and international actors learn from the Red Sea marine and coastal ecosystem?
    • Challenges remain – anticipating risks
    • How can we best use these insights, in a concerted manner, across borders and scientific disciplines, as we revisit how we manage coastal areas and marine ecosystems, to restore biodiversity?
    • Dr. Abdullah Tawlah, Minister Plenipotentiary at the Ministry of Foreign Affairs, Kingdom Saudi Arabia
    • Dr. Tony Chan, President, KAUST, Kingdom of Saudi Arabia
    • Raymond T. Dalio, Chairman & Co-Chief Investment Officer, Bridgewater Associates LP
    • Paul Holthus, CEO, World Ocean Council
    • John Pagano, CEO, Red Sea Development Company & AMAALA, Saudi Arabia

    Moderator: Laura Buckwell, Presenter

  • 11:50 – 11:55
    SPECIAL ADDRESS

    • Sanda Ojiambo, CEO and Executive Director, UN Global Compact
  • 11:55 – 12:05 Fireside Chat
    SMART FORESTS AND THE GREEN ECONOMY: HOW CLIMATE TECH CAN CHANGE THE GAME

    In 2019, the equivalent of a football pitch of tropical rainforest disappeared every six seconds. To limit global warming to 1.5 degrees Celsius, the IPCC has said that the world must plant 1 billion hectares of trees, amounting roughly to the size of the United States. So clearly the pace of reforestation is crucial, and technology such as drones could be the key to speeding up the effort. Other technology such as AI holds promise to fight against illegal deforestation. Afforestation projects potentially also have a key role, provided they are designed and executed in the right way

    • What are early-stage learnings from using e.g. AI and drones to support and accelerate reforestation? Will such technologies work in all regions of the world?
    • What is the role of AI and technology in succeeding with re- and afforestation projects?
    • What kind of international technology and data collaboration can ensure quick and inclusive scaling with trees being planted also in particularly fragile parts of the world to combat desertification?
    • H.E. Eng. Abdullah Alswaha, Minister of Communication and Information Technology, Chair of King Abdulaziz City for Science and Technology, Kingdom of Saudi Arabia

    Moderator: Sarah Cocker, Presenter

  • 12:05 – 12:20 Fireside Chat
    GIVE TO NATURE, NATURE GIVES BACK: THE BUSINESS CASE FOR A CIRCULAR ECONOMY

    $44 trillion of economic value generation—over half of the world’s GDP—is moderately or highly dependent on our Natural Capital. By changing mindsets and considering nature an asset, nature-based solutions take center-stage as the key to restoring planetary health and achieving biodiversity benefits. What does this mean for the business case of the transition towards circular economy and the returns that can be generated from it?

    • How to integrate natural capital considerations into circular economy business models?
    • The business case: How to demonstrate that investing in the transition to a circular and clean economy will create superior financial returns?
    • What is the role of the policy makers in accelerating the transition?
    • Magdi Batato, Executive Vice President, Head of Operations, Nestle, S.A.
    • Renat Heuberger, Co-Founder & CEO, South Pole
    • Amr AlMadani, Chief Executive Officer, Royal Commission for AlUla, Kingdom of Saudi Arabia

    Moderator: Mashael Saud AlShalan, Founding Partner, Aeon Strategy, Kingdom of Saudi Arabia

  • 12:20 – 12:40 Fireside Chat + Conversation
    THE ROLE OF CITIES IN BUILDING SUSTAINABLE SOCIETIES

    Cities account for more than 70% of global energy-related CO2 emissions and an estimated 50% of global waste, and are home to nearly half of the world’s population. Green, low-carbon and climate-resilient cities are essential for an economically sound, socially responsible and environmentally sustainable future. Cities are often more ambitious than countries, demonstrating strong leadership, with regards to climate objectives and deploy innovative solutions, with a higher level of engagement of the population.

    • Why are cities more effective in setting and delivering environmental objectives?
    • Can these strengths be scaled to the size and governance models of countries?
    • What are key lessons for how to effectively engage the local population?

    Introductory Keynote:

    Speaker: H.E. Fahd Bin Abdulmohsen Al-Rasheed, President, Royal Commission for Riyadh City, Kingdom of Saudi Arabia

    Panel

    • Maimunah Mohd Sharif, Under Secretary General and Executive Director, United Nations Human Settlements Programme (UN-Habitat)
    • Erik Ekudden, CTO, Ericsson, Sweden

    Moderator: Mina Al Oraibi, Editor in Chief, The National, United Arab Emirates

  • 12:40 – 14:00 BREAK

  • 14:00 – 14:10 Fireside Chat
    ENABLING A GREEN FUTURE

    As a major economy and home to one of the world’s largest energy companies, how is Saudi Arabia looking to enable a green future in the Kingdom and abroad? From an investment standpoint, His Excellency Yasir Al-Rumayyan will be sharing how the Public Investment Fund (PIF), as the driver of the country’s economic transformation, is supporting the creation of new industries and opportunities that shape the future global economy through its investments and partnerships, and how Saudi Aramco is playing a pioneering role in the energy transition shift.

    • Opportunities in the Green Economy;
    • PIF’s role as a key enabler of a Green Economy, in KSA and internationally;
    • Building on our energy heritage to be at the forefront of low carbon technologies and energy transition
    • H.E. Yasir O. Al-Rumayyan, Governor, Public Investment Fund, Kingdom of Saudi Arabia

    Moderator: Eithne Treanor,Presenter

  • 14:10 – 14:30 In Conversation
    THE ENERGY TRANSITION CHALLENGE FROM BIG OIL TO BIG ENERGY

    Oil companies are repositioning themselves in a number of ways. They develop new crude oil to chemicals technology, engage in no vel withs with their supply chains, expand and innovate their petro chemical activity, sell energy assets and not least invest in scaling hydrogen.

    • Are these strategic shifts sufficient for oil and gas companies to significantly reduce their carbon footprint?
    • What must a global company look like in 10 years to be an acceptable in the global economy?
    • Will we see new forms of collaboration both down the supply chain and between oil companies in order to accelerate the transi tio ning away from being huge carbon emitters?
    • Amin H. Nasser, President & CEO, Saudi Aramco, Kingdom of Saudi Arabia
    • Patrick Pouyanné, Chairman of the Board & CEO, TotalEnergies, France

    Moderator: Eithne Treanor, Presenter

  • 14:30 – 15:15 Panel
    MINISTERS’ PANEL: THE BALANCING ACT – SUSTAINABILITY AND ECONOMIC DEVELOPMENT

    Oil and gas proceeds offer opportunities for countries to develop and support their populations in achieving improved lives. Often ministers in charge of oil and gas are also in charge of renewable energy and hence work with the ‘longer perspective’ and the transition to green in mind. The potentially conflicting objectives represent a delicate balancing act.

    • How do ministers in charge of oil and energy balance their countries’ need for economic development and the need to limit the climate change-related impact of oil and gas?
    • The investment decisions: New technology exists to reduce the CO2 impact of oil and gas extraction – does it make sense to invest in such technology or is it preferable to move straight to investing in renewable energy?
    • How should ministers approach investment in new sources of energy including renewable, hydrogen and others?
    • H.E. Bento Albuquerque, Minister of Mines and Energy, Brazil
    • H.E. Dr. Mohammed Abdul Latif Al Fares, Minister of Oil, Kuwait
    • H.E. Tarek El Molla, Minister of Petroleum & Mineral Resources, Egypt
    • H.E. Mahamane Sani Mahamadou, Minister of Petroleum, Energy and Renewable Energies, Niger
    • H.E. Parviz Shahbazov, Minister of Energy, The Republic of Azerbaijan
    • H.E. Chief Timipre Sylva, Honourable Minister of State for Petroleum Resources, Ministry of Petroleum Resources, Nigeria

    Moderator: Eithne Treanor, Presenter

  • 15:15 – 15:45 Panel
    CARBON-INTENSIVE INDUSTRIES: TRANSITIONING FAST, AT SCALE

    Three heavy industries – chemicals, steel and cement – account for nearly 60% of all industrial energy consumption and around 70% of CO2 emissions from the industry sector. Essential inputs to our modern way of life, with few cost‐competitive substitutes, finding ways of producing them without emitting CO2 is therefore imperative.

    • How to carry on producing these materials without emitting CO2?
    • What is the potential of available technologies for new capacity additions and measures to improve material efficiency?
    • How to ensure that innovative low-emission industrial technologies reach markets fast, at scale?
    • Mohammed Alibrahim, Assistant Minister for Oil and Gas, Ministry Energy, Kingdom of Saudi Arabia
    • Jasper Graf von Hardenberg, Co-Founder & Group CEO, Daystar Power, United States
    • Paddy Padmanathan, CEO, ACWA Power International, Kingdom of Saudi Arabia
    • Morten Dyrholm, Group Senior Vice President, Marketing, Communications, Sustainability and Public Affairs, Vestas Wind Systems A/S, Denmark

    Moderator: Dr. Angela Wilkinson, CEO, Chairman, World Energy Council

  • 15:45 – 16:25 Panel
    BUILDING CAPACITY: SCALING UP INDUSTRIAL USE OF CCUS AND GREEN HYDROGEN

    Meeting net-zero requires deep transformation of the economy and industries that can only be achieved by accelerating innovation and in particular scaling up the industrial use of new technologies such as clean hydrogen and CCUS. The IEA estimates that 45% of the emissions reductions needed meet Paris Agreement commitments must come from technologies that are not commercially available today.

    • How can we scale up the industrial use of new technologies to achieve long-term environmental and financial returns?
    • How quickly can we operationalize collection and storage capacity, and what regulatory requirements need to be in place?
    • What is the realistic future of green hydrogen, and what is the role and place of Saudi Arabia in creating this future?
    • Eng. Fahad Alajlan , President , KAPSARC , Kingdom of Saudi Arabia
    • Yousef Al Benyan, VC & CEO, Sabic, Kingdom of Saudi Arabia
    • Patrick Huber, Chairman, H2 Energy AG , Germany
    • Benoît Potier, Chairman and CEO, Air Liquide, France
    • Girish Saligram, President and CEO, Weatherford International, Ireland

    Moderator: H.H. Princess Noura Bint Turki AlSaud, Co-Founder, Aeon Strategy and Aeon Collective, Kingdom of Saudi Arabia

  • 16:25 – 17:15 TV STUDIO
    RE-INVENTING FINANCING FOR THE GREEN TRANSITION: NEW PERSPECTIVE OR BUSINESS AS USUAL?

    Without finance, transitioning to a green society and economy will be impossible. Investing in green or blue projects offers different investment horizons, profiles and risks. This means there is a need to invent new financial models, new legislative frameworks, new metrics, and new ways of collaborating between the different stakeholders, in order to scale up the financing of the green economy.

    Keynote: The Next Wave: Figuring out the Nature-Finance Nexus

    • Dr. Simon Zadek, Chair, Finance for Biodiversity Initiative (F4B)

    Three Conversations:

    • Where does climate financing come from and what metrics are needed?
    • Is there an expectation that green financing becomes mainstream?
    • What about new financial models, new metrics, new ways of collaborating between stakeholders?
    • Yannick Glemarec, Executive Director, Green Climate Fund
    • Keith Tuffley, Managing Director, Vice Chairman, Global Co-Head, Sustainability & Corporate Transitions, Citi, United States

    Panel:

    • How ready is the financial sector for this challenge?
    • How should investment metrics evolve to drive the green transition?
    • Will green financing become mainstream in the financial sector?
    • H.E. Mohammed Al Jadaan, Minister of Finance, Kingdom of Saudi Arabia
    • Mohammad A. Abunayyan, Chairman, ACWA Power International, Kingdom of Saudi Arabia
    • Kristalina Georgieva, Managing Director, International Monetary Fund

    Studio Anchor: Eithne Treanor

  • 17:15 – 17:45 Panel
    GOING GREEN BY GOING BIG: GIGA PROJECTS SPEARHEADING KSA’S SUSTAINABLE TRANSITION

    Saudi Arabia is developing some of the most ambitious large-sale projects on the planet. The giga projects were conceived with the ambition to transform the economy as well as to shape a new way to protect and connect with the environment. This session will review early-stage experience with environmental protection as the giga projects are being built.

    • How are the giga projects expected to contribute to the Saudi Arabia’s focus on green and to delivering the transition envisioned in Vision 2030?
    • What does the timeline look like for early results and insights?
    • How to replicate lessons from giga projects to society at large?

    Introductory Keynote: H.E. Ahmed Al Khateeb, Minister for Tourism, Kingdom of Saudi Arabia

    Panel:

    • Jerry Inzerillo, Group CEO, Diriyah Gate Development Authority, Saudi Arabia
    • Nadhmi Al-Nasr, CEO, NEOM, Kingdom of Saudi Arabia

    Moderator: Laura Buckwell

  • 17:45 – 18:20 Panel
    SUSTAINABILITY FOR ALL: HOW TO ENSURE A JUST ENERGY TRANSITION?

    A successful energy transition can only be achieved by reaching the right balance between environmental, economic, and social sustainability. Studies indicate that by 2030 a potential for 30 million new jobs in clean energy, energy efficiency and low-emission technology and that 5 million jobs could be lost due to a decline in fossil fuels8. During the Leaders’ Summit on Climate, leaders reiterated the importance of adopting a multi-level “all-of-society” approach to climate action.

    • How can we deliver a just transition that leaves no one behind, and where energy is affordable and accessible for all?
    • How to address the temporary mismatch between lost jobs in fossil fuel and new jobs in clean energy? What concrete actions should policy makers and take to ensure the upskilling of their workforce?
    • What is the political economy of the transition?
    • Prof. Malegapuru Makgoba, Interim Chair of the Eskom Board and Health Ombud of the Republic of South Africa , Eskom, South Africa
    • H.E. Dr. Muhammad Al Jasser, President, Islamic Development Bank, Kingdom of Saudi Arabia
    • H.E. Bruno Jean-Richard Itoua, Minister of Hydrocarbons, Republic of the Congo
    • H.E. Pearnel Charles Jr, Minister of Housing, Urban Renewal, Environment and Climate Change, Jamaica
    • Dr. Nayef Almusehel, Deputy Minister for Policies and Strategic Planning, Ministry of Energy, Kingdom of Saudi Arabia
    • Dr. Abdulhamid Alkhalifa, Director General, The OPEC Fund for International Development, Austria

    Moderator: Laura Buckwell, Presenter

  • 18:20 – 18:30 Statement of Intent
    WORKING HAND IN HAND WITH THE NEXT GENERATION OF CLIMATE LEADERS

    • Mohammed Alkhalid, Founder & CEO, NABATIK, Kingdom of Saudi Arabia
Saudi Green Initiative Forum
Saudi Green Initiative Forum

The Saudi Green Initiative Forum will unveil SGI’s roadmap for delivery and spotlight the Kingdom’s green efforts. Attended by global leaders from all spheres of society, the event will drive action and spark innovative solutions to help tackle climate change.

The Saudi Green Initiative Forum will:

Implementing energy efficiency programs

Mobilize whole-of-society action

Participants and speakers come from the engines of economy, government and society

Developing carbon capture technology

Promote a solutions-based dialogue

Science-backed views from the world’s leading environmental experts

Increasing public transportation

Unveil the SGI roadmap

The Kingdom’s plan to meet and track its ambitious targets

Developing carbon capture technology

Spotlight KSA’s climate commitments

Expand on the scale of the Kingdom’s ambition

Under the theme

New Era of Action: Oasis Alive

the Saudi Green Initiative Forum rallies the climate
action ecosystem to achieve ambitious national targets

SGI’s Theme

OASIS

This framework, which will underpin all content, conveys an important message:
The OASIS (our natural environment) needs to be ALIVE (and therefore sustained)
for humanity to thrive.

SGI’s DNA

ALIVE

Speakers

HRH Prince
Abdulaziz bin Salman,
Minister of Energy,
Saudi Arabia

HRH Princess
Reema Bandar Al-Saud,
Ambassador to the United States,
Saudi Arabia

HE Abdulrahman AlFadley,
Minister of Environment,
Water and Agriculture,
Saudi Arabia

HE Fahd Al-Rasheed,
President, Royal Commission
for Riyadh City,
Saudi Arabia

Nadhmi Al-Nasr,
CEO, NEOM​,
Saudi Arabia

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