HRH Prince Abdulaziz bin Salman on the energy sector Future Investment Initiative 2019 Day 2

The speech by HRH Prince Abdulaziz bin Salman at the Future Investment Initiative 2019 highlighted Saudi Arabia's commitment to addressing sustainability challenges in the energy sector. The concept of a circular carbon economy was introduced as a framework for sustainable growth, emphasizing the need for a holistic and pragmatic approach to achieve economic sustainability. The Kingdom of Saudi Arabia aims to lead in creating a sustainable economic system through innovation, collaboration, and investment in new energy and efficiency solutions. The circular carbon economy focuses on reducing, reusing, recycling, and removing carbon emissions, with a particular emphasis on managing hydrocarbon resources in a competitive and sustainable manner. The speech also emphasized the importance of international collaboration and investment in supporting the circular carbon economy to achieve global development objectives.