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Davos: The Royal Commission for Jubail and Yanbu (RCJY) of Saudi Arabia announced that Jubail Industrial City joined the "Transitioning Industrial Clusters to Sustainable Development" initiative.
Launched by the World Economic Forum (WEF) in Davos in collaboration with Accenture and the Electric Power Research Institute (EPRI), the initiative aims to accelerate the decarbonisation of industrial clusters and promote a balance between economic growth and environmental sustainability.
Jubail Industrial City is now the first industrial city in the Middle East to join the global initiative, which serves as a platform for collaboration among governments, businesses, and academic institutions to address climate challenges and transition to environmentally friendly industrial practices, according to the Saudi Press Agency (SPA).
The initiative underscores Jubail Industrial City's status as a global model. The city boasts advanced infrastructure, including technologies that enable the recycling of 67% of industrial waste, over 4.6 million square meters of green spaces, and district cooling systems that reduce energy consumption and carbon emissions.
The initiative seeks to support industrial clusters worldwide in reducing or avoiding approximately 651 million tons of carbon dioxide (CO2) emissions annually, equivalent to Australia's total annual emissions.
It also aims to empower industrial cities to lower carbon emissions, stimulate the green economy, and create new job opportunities by adopting innovation and clean technologies. Through its participation, RCJY aims to set a global example in managing sustainable industrial cities.
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