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00:00 "Saudi Arabia has more than 80 initiatives in different fields, including renewable energy,
00:10 green, blue and clean hydrogen, solar energy, nuclear energy, sea protection, methane emissions,
00:26 plastic, water, desertification, tree planting, and many other initiatives."
00:46 "The green economy is a key part of the Middle East, and these initiatives are all aimed
00:56 at facing climate change and contribute to creating additional energy for oil."
01:06 "What is the role of the green economy in financing these initiatives?"
01:16 "Saudi Arabia has investments in these areas, not only in the short-term, but also in the
01:26 long-term. The capital is there, and it goes to the places where there is profit.
01:36 What we find in Saudi Arabia is that renewable energy, such as solar energy, has profits
01:46 and is attractive to investors. If you look at Saudi Arabia's investments in different
01:56 areas, they are huge."