Saudi Crown Prince announces 2nd edition of MGI Summit - Beacon

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Thursday, October 20, 2022

Saudi Crown Prince announces 2nd edition of MGI Summit

Egypt to host MGI and SGI summits in tandem with COP27

Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman announced the second editions of the Middle East Green Initiative (MGI) Summit and the Saudi Green Initiative (SGI) Forum, the Saudi Press Agency (SPA) reported on Thursday.

The events will be held under the theme ‘From ambition to action’ and will take place in October in tandem with COP27 in Sharm El-Sheikh, according to SPA.

The MGI Summit will be held on Nov. 7 and the SGI Forum will be held on Nov. 11-12 November. It is a strategic regional platform that promotes cross-border cooperation, knowledge exchange and discussion between heads of state, relevant government ministers and policy makers.

The second edition of the SGI Forum meanwhile will convene an elite lineup of climate experts and thought leaders to discuss the progress that has been made towards achieving the climate targets announced by the Kingdom last year.

MGI and SGI were launched by the Crown Prince in 2021 to enhance Saudi Arabia’s environmental action, in line with the Kingdom’s Saudi Vision 2030.

Under SGI, the Kingdom has plans to plant 10 billion trees across the country and designate 30 percent of country’s land and sea territories as protected areas during the coming decades.

In addition, Saudi Arabia has committed to reducing carbon emissions by 278 million tons annually by 2030, SPA reported.

The national goals contribute to achieving regional targets set out by the Kingdom at the MGI Summit. These focus on reducing regional carbon emissions by more than 10 percent of global contributions and planting 50 billion trees across the region as part of the world’s largest afforestation program.

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