KAPSARC bags key UN Environment Program role

KAPSARC’s new status will enable it to deliver evidence-based reporting and policy recommendations (Supplied)
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Updated 06 June 2023
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KAPSARC bags key UN Environment Program role

RIYADH: Saudi Arabia will soon become an active partner in global ecological governance after the UN granted the King Abdullah Petroleum Studies and Research Center a key role in its environmental activities. 

According to a KAPSARC press note, the think tank will now be able participate in global energy, climate and environment dialogues, as well as adopt an observer status, after being handed a place in the UN Environment Program.

Building on its accreditation by the UN Framework Convention on Climate Change, KAPSARC’s new status will enable it to deliver evidence-based reporting and policy recommendations, particularly in this crucial phase of climate change conversations. 

Brian Efird, director of strategic partnerships at KAPSARC, highlighted that this accreditation grants the center “the privilege of receiving unedited working documents of the UN Environment Assembly at the same time as the Committee of the Permanent Representatives.” 

He added: “Moreover, KAPSARC gains the ability to submit written contributions, actively participate in official UNEA meetings, and make valuable oral and written contributions during these sessions.” 

KAPSARC has already embraced its commitment to the UNEP by participating in the second session of the Intergovernmental Negotiating Committee in Paris from May 29 to June 2. 

The discussion focused on developing an international framework to address plastic pollution. 

During the conference, KAPSARC played a significant part in the discussions, contributing expertise and insights to help shape effective global strategies and policies in the area.

KAPSARC highlighted the value of a circular plastic economy, including reduction, reuse, recycling and removal strategies. The center expressed support for technologies that can contribute to these goals. 


Industry leaders highlight Riyadh’s Metro, infrastructure as investment catalysts

Updated 29 December 2025
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Industry leaders highlight Riyadh’s Metro, infrastructure as investment catalysts

RIYADH: Saudi Arabia’s capital, Riyadh, is experiencing a transformative phase in its real estate sector, with the construction market projected to reach approximately $100 billion in 2025, accompanied by an anticipated annual growth rate of 5.4 percent through 2029.

The Kingdom is simultaneously advancing its data center capacity at an accelerated pace, with an impressive 2.7 GW currently in the pipeline. This expansion underscores the critical role of strategic land and power planning in establishing national infrastructure as a cornerstone of economic growth.

These insights were shared by leading industry experts during JLL’s recent client event in Riyadh, which focused on the city’s macroeconomic landscape and emerging trends across office, residential, retail, hospitality, and pioneering sectors, including AI infrastructure and Transit-Oriented Development.

Saud Al-Sulaimani, Country Lead and Head of Capital Markets at JLL Saudi Arabia, commented: “Riyadh is positioned at the forefront of Saudi Arabia’s Vision 2030, offering unparalleled opportunities for both investors and developers. National priorities are continuously recalibrated to ensure strategic alignment of projects and foster deeper collaboration with the private sector.”

He added: “Recent regulatory developments, including the introduction of the White Land Tax and the rent freeze, are designed to stabilize the market and are expected to drive renewed focus on delivering premium-quality assets. This dynamic environment, coupled with evolving construction cost considerations in select segments, is fundamentally reshaping the market landscape while accelerating progress toward our national objectives.”

The event further underscored the transformative impact of infrastructure initiatives. Mireille Azzam Vidjen, Head of Consulting for the Middle East and Africa at JLL, highlighted Riyadh’s transit revolution. She detailed the Riyadh Metro, a $22.5 billion investment encompassing 176 kilometers, six lines, and 84 stations, providing extensive geographic coverage, with a depth of 9.8 km per 100 sq. km. This strategic development generates significant TOD opportunities, with properties in proximity potentially commanding a 20-30 percent premium. JLL emphasized the importance of implementing climate-responsive last-mile solutions to enhance mobility and accessibility, particularly given Riyadh’s extreme temperatures.

Gaurav Mathur, Head of Data Centers at JLL, emphasized the rapid expansion of the Kingdom’s AI infrastructure, signaling a critical area for technological investment and innovation.

Focusing on the construction sector, Maroun Deeb, Head of Projects and Development Services, KSA at JLL, explained that the industry is actively navigating complexities such as skilled labor availability, material costs, and supply chain dynamics.

He highlighted the adoption of Building Information Modeling as a key driver for enhancing operational efficiency and project delivery.