At the U.S. Chamber of Commerce, we know that combating climate change requires governments, businesses, and other stakeholders to work together. A challenge of this magnitude requires collaboration to advance the best ideas and policies, and the business community must play a vital role to innovate, develop, and deploy technologies to address the climate challenge while also meeting a growing global energy demand.
This pivotal partnership between government and the private sector exists and is growing in the Kingdom of Saudi Arabia, where American companies are working with Saudi partners to forge solutions that improve the environment and grow the economy. The U.S. Chamber and our U.S.-Saudi Arabia Business Program is focused on deepening and expanding this cooperation as a vital component of the U.S.-Saudi Arabia bilateral relationship as Saudi Arabia transforms its economy under Vision 2030.
The Saudi Green Initiative is an important part of the Kingdom’s sustainability goals and is a key way for the private sector to engage in these efforts. Launched in 2021, the SGI is steering the implementation of a sustainable long-term climate action plan that unites environmental protection, energy transition, and sustainability programs, and it provides a major opportunity to foster new relationships and projects between the Kingdom and American business—from startups to multinationals.
In addition to the opportunities for American companies under the SGI, there is also substantial collaboration already underway in the sustainability, decarbonization, and clean energy space between U.S. companies and the Kingdom. This report is intended to showcase this work and demonstrate the commitment of the U.S. Chamber and our members to partner with the Saudi government and other stakeholders in delivering the initiatives, projects, and solutions needed to combat climate change and advance a lower carbon future.