Saudi Arabia one of major clean energy investors: Minister

Adel Al-Jubeir, Minister of State for Foreign Affairs

Saudi Arabia is one of the major investors in clean energy as it has giant projects aimed at reducing the climate change effects, Saudi Press Agency reported, citing Adel Al-Jubeir, Minister of State for Foreign Affairs and Climate Envoy.

The Kingdom has a waste recycling program as well as clean and renewable energy projects, including one of the world's major hydrogen projects that is developed in NEOM, the minister added during the FII PRIORITY summit in Brazil.

Oil will become part of energy sources for several decades and the Kingdom seeks to produce energy from different sources with high efficiency to preserve the planet's natural resources.

Al-Jubeir touched on the Kingdom's efforts in energy development and its goal to be one of the major exporters of clean, renewable and traditional energy.