Saudi Arabia has unveiled five new green initiatives worth $60 million to bolster climate action and environmental conservation.

The announcement was made during the fourth Saudi Green Initiative (SGI) Forum, which was held in Riyadh alongside the 16th session of the United Nations Convention to Combat Desertification (COP16).

Since its launch, the Saudi Green Initiative (SGI) has implemented 86 initiatives, with investments exceeding $188 billion, making significant strides toward fulfilling the objectives of the three Rio Conventions.

Key to these efforts is the SGI’s goal to cut emissions by 278 million tons annually and achieve nearly 50% renewable energy in the Kingdom’s electricity mix by 2030.

Saudi Arabia is constructing one of the world’s largest carbon capture, utilization, and storage (CCUS) centers in Jubail, which is expected to capture 9 million tons of CO2 annually by 2027.

Since 2021, the Kingdom has planted over 100 million trees and shrubs, dispersed millions of seeds, and rehabilitated more than 118,000 hectares of degraded land, making significant progress toward its goal of rehabilitating 8 million hectares by 2030.

In addition, Saudi Arabia has placed 18.1% of its land and 6.49% of its marine environments—covering nearly 400,000 sq. km—under protection.