Energy Minister, PIF Head, NEOM CEO to Lead Saudi Green Initiative Forum

Leading ministers and business chiefs have been confirmed as attending the Saudi Green Initiative forum later this month to discuss creating finance systems to support environmentally-friendly mega projects. The ministers responsible for energy, and environment, water and agriculture, will join with the governor of the Public Investment Fund, NEOM's CEO, and the head of the Royal Commission for Riyadh City to thrash out the details of the plan in Saudi Arabia’s capital on October 23. Also present will be international and regional experts and global leaders.

The forum will focus on creating financing mechanisms for environmental transformations, and the demand to adopt mega projects which have green and sustainable concepts. The forum comes two days before the Green Middle East Summit, also being hosted by Saudi Arabia, which will see neighbouring countries come together to discuss combating climate change through collective action, Asharq Alawsat reported.