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TRANSITION

29 Oct 2024

In a recent discussion, the focus is on the energy sector's transformation and the broader implications for the country. The conversation highlights the importance of joint ventures and partnerships, inviting others to join in the journey. There's a strong emphasis on human capital development, ensuring that the workforce is prepared for the jobs created by this transformation. The energy trilemma—security, access, and sustainability—is a guiding principle. The transition from liquid fuels to gas, particularly in electricity and water production, is a significant achievement. The country is also working on carbon capture and creating a carbon market to enhance sustainability efforts. The discussion underscores the importance of economic diversification and job creation. The commitment to sustainability and climate action is evident, with initiatives like the circular carbon economy. The conversation also touches on the importance of supply chain resilience and the role of local resources. Finally, there's a call to action for others to participate in this transformative journey.

Speakers: H.R.H. Prince Abdulaziz bin Salman Al Saud

FII8 Plenary - Riyadh - Sustainability - Industry - Energy Transition - Human Capital Development - Economic Diversification - Carbon Capture - Supply Chain Resilience

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