benefit. Mr. President. The Kingdom is striving to achieve sustainable economic development, to create jobs, and to diversify its economy and industry. It aspires to establish a knowledge-based economy, like other industrialized nations. But, this historic transformation will require energy, just as it did for all other developed countries. The challenge for Saudi Arabia is to achieve this goal efficiently and effectively, and in an environmentally-friendly manner. Saudi Arabia has taken several practical steps towards economic adaptation and economic diversification, consistent with sustainable development requirements, with the aim of achieving the objectives of the Convention beyond 2020. These efforts will bear positive results with regard to the reduction of greenhouse gas emissions, led by energy efficiency, the use of solar and wind energy, a carbon capture and storage program, gasification processes, as well as clean energy R&D. Saudi Arabia is investing in carbon capture and storage technologies, one of the low-carbon technology options that leads to a significant reductions in CO2 emissions in the area of fossil fuels and other industrial processes. We must encourage this as an effective tool to minimize climate change. Already there are 12 projects around the globe which have successfully reduced 25 million tons of CO2 emission. --More 15:03 LOCAL TIME 12:03 GMT تغريد
