PARIS - Saudi Arabia's Crown Prince Mohammed bin Salman will head the Kingdom's delegation to the New Global Financial Pact Summit in France's capital of Paris on Thursday, where he will deliver a speech on the Saudi vision for sustainable development and climate action.
The summit, hosted by French President Emmanuel Macron, will bring together more than 40 heads of state and government, as well as representatives from international organizations, civil society, and the private sector. The aim of the summit is to mobilize financial resources and innovative solutions to tackle global challenges such as poverty, inequality, health, education, and climate change.
The Saudi Crown Prince's participation in the summit reflects the Kingdom's commitment to supporting global efforts to achieve the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change. Saudi Arabia has recently launched several initiatives and reforms to diversify its economy, reduce its carbon footprint and enhance its social and human development.
The summit will also provide an opportunity for the Saudi Crown Prince to hold bilateral meetings with other world leaders, including Macron, to discuss regional and international issues of common interest. The two leaders met on Friday in Paris and reaffirmed their strategic partnership and cooperation on various fields.
The summit comes ahead of the COP 26 climate conference in Glasgow in November, where countries are expected to submit their updated national plans to reduce greenhouse gas emission and adapt to the impacts of climate change.