Saudi Arabia and UN discuss strengthening collaborations to achieve global SDGs 

Saudi Arabia’s Minister of Economy and Planning Faisal Al-Ibrahim met with the UN officials. SPA.
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Updated 19 December 2023
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Saudi Arabia and UN discuss strengthening collaborations to achieve global SDGs 

 RIYADH: Saudi Arabia discussed ways to enhance cooperation with the UN when it comes to dealing with global environmental challenges during a high-level meeting between officials. 

The Kingdom’s Minister of Economy and Planning Faisal Al-Ibrahim emphasized Saudi Arabia’s commitment to achieving the Sustainable Development Goals within the Vision 2030 framework during talks with the organization’s Under-Secretary-General for Economic and Social Affairs Liu Zhenmin.

The UN SDGs are a set of 17 interconnected international goals adopted by all member states in 2015. These targets are designed to address various social, economic, and environmental challenges and promote sustainable development worldwide.  

During the 78th UN General Assembly in New York in September, the minister noted that Saudi Arabia’s Vision 2030 aligns closely with the SDGs. 

Drawing attention to the recently inaugurated Global Water Organization, Al-Ibrahim hailed it as a significant initiative fostering international innovation and issuing a collective call to nations worldwide to collaborate.  

He highlighted Saudi Arabia’s substantial commitment, stating: “We have contributed over $87 billion in international aid to combat poverty and ignite development.”  

A report by the UN Conference on Trade and Development outlined that achieving the global sustainable development goals will require annual investments ranging from $5.4 trillion to $6.4 trillion until 2030. 

The research, examining 50 indicators related to the SDGs across 90 countries, covering three-fourths of the global population, underscored significant financial challenges, particularly in emerging economies.  

The report proposed a sustainable development plan, offering guidance on implementing social protection and generating quality employment opportunities, and reforming education and food systems.  

Additionally, the plan addresses climate change, combats biodiversity decline and pollution, promotes a transition to clean energy, and fosters inclusive digitalization. 

At a UN summit in July that reviewed global environmental pledges, the minister stated that Saudi Arabia has made significant progress in over 50 percent of its SDGs.  

During the High-Level Political Forum in New York, Al-Ibrahim presented the Kingdom’s second Voluntary National Review, showcasing the achievements in SDGs. 

According to a then-released press statement by the Ministry of Economy and Planning, the minister told the UN that through its SDG initiatives, the Kingdom is elevating the living standards of the country’s population and is “unleashing a spectacular wave of innovation.”  


Acwa signs key terms to develop 5GW of renewable energy capacity in Turkiye

Updated 23 February 2026
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Acwa signs key terms to develop 5GW of renewable energy capacity in Turkiye

JEDDAH: Saudi utility giant Acwa has signed key investment agreements with Turkiye’s Ministry of Energy and Natural Resources to develop up to 5 gigawatts of renewable energy capacity, starting with 2GW of solar power across two plants in Sivas and Taseli.

Under the investment agreement, Acwa will develop, finance, and construct, as well as commission and operate both facilities, according to a press release.

The program builds on the company’s first investment in Turkiye, the 927-megawatt Kirikkale Independent Power Plant, valued at $930 million, which offsets approximately 1.8 million tonnes of carbon dioxide annually, the statement added.

A separate power purchase agreement has been concluded with Elektrik Uretim Anonim Sirketi for the sale of electricity generated by each facility.

Turkiye aims to boost solar and wind capacity to 120GW by 2035, supported by around $80 billion in investment, while recent projects have already helped prevent 12.5 million tonnes of CO2 emissions and reduced reliance on imported natural gas.

Turkiye’s energy sector has undergone a rapid transformation in recent years, with renewable power emerging as a central pillar of its strategy.

Raad Al-Saady, vice chairman and managing director of ACWA, said: “The signing of the IA (implementation agreement) and PPA key terms marks a pivotal moment in Acwa’s partnership with Turkiye, reflecting the country’s strong potential as a clean energy leader and manufacturing powerhouse.”

He added: “Building on our long-standing presence, including the 927MW Kirikkale Power Plant commissioned in 2017, this step elevates our partnership to a new level,” Al-Saady said.

In its statement, Acwa said the 5GW renewable energy program will deliver electricity at fixed prices, enhancing predictability for grid planning and supporting long-term industrial investment.

By replacing imported fossil fuels with domestically generated clean energy, the initiative is expected to reduce Turkiye’s exposure to global energy market volatility, strengthening energy security and lowering long-term power costs.

The company added that the economic impact will extend beyond the anticipated investment of up to $5 billion in foreign direct investment, with thousands of jobs expected during the construction phase and hundreds of high-skilled roles created during operations.

The energy firm concluded that its existing progress in Turkiye reflects a strong appreciation for Turkish engineering, construction, and manufacturing capacity, adding that localization has been a strategic priority, and it has already achieved 100 percent local employment at its developments in the country.