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With its strategic ‘Vision 2030’ plan announced in 2016, Saudi Arabia aims to diversify its economy by investing in sectors such as tourism, technology and industry, reduce its reliance on oil, and transform the country into a cleaner and more sustainable economy.  (Source: © Peter Hermes Furian - stock.adobe.com)
Market Insight

3 Core Decarbonization Projects in Saudi Arabia

Many countries across the globe are committing to fast-track their decarbonization projects in order to achieve net-zero emissions by 2050, in line with the Paris Agreement’s goal of limiting global warming to 1.5°C. The Kingdom of Saudi Arabia is part of this global effort but it distinguishes itself by building mega projects that are set to become landmark examples of sustainable transformation.

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