Bahrain Islamic Bank - BisB’s Post

🌿#March27 #SaudiGreenInitiativeDay: A Leap Towards a #GreenerFuture 🌿🌍 We at ENVIRONMENTAL HORIZONS CO. are thrilled to join the #environmentalcommunity of #SaudiArabia in celebrating a significant milestone as the Saudi government officially designates #March27 each year as the day for the #SaudiGreenInitiative. This pivotal decision marks a commitment to #environmentalstewardship and #sustainabledevelopment within the #KSA and the broader Middle East region. Launched by #CrownPrince #MohammedBinSalman on March 27, 2021, the Saudi Green Initiative, alongside the Middle East Green Initiative, charts an ambitious course towards protecting our planet. These initiatives underscore Saudi Arabia's dedication to leading the charge against #climatechange, emphasizing the Kingdom's pivotal role in fostering a #sustainable and #greenfuture. The Saudi Green Initiative outlines groundbreaking plans, including the planting of 10 billion trees across the Kingdom in the coming decades. This endeavor aims to rehabilitate approximately 40 million hectares of degraded lands, significantly expanding the country's green cover and contributing to global climate change efforts. #SaudiGreenInitiative #Sustainability #ClimateAction #EnvironmentalStewardship #GreenFuture

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Globally, only 36% of Parties (70 out of 196) have developed and communicated their #LTSs to the UNFCCC UN. The ratio is further lower in Africa, where only 8 countries including #Benin, #Ethiopia, #TheGambia, #Morocco, #Nigeria, #Tunisia, #SouthAfrica, and #Zimbabwe have developed and communicated their LTSs to the UNFCCC. This translates to approximately 15% of Parties from Africa that have developed their LTSs. https://lnkd.in/erUHABVY

🌍 As the next round of NDC reporting nears, governments and stakeholders are ready to meet their commitments with pride, eager to showcase their strides in climate change mitigation under the 2015 Paris Agreement. 🌿 Recently, IROKO Africa had the privilege of participating in a capacity-building workshop by GGGI Africa and MINEDDTE, diving into the MOPA (Mitigation Outcome Purchase Agreement) under Article 6.2 of the Paris Agreement. It was inspiring to learn about Côte d'Ivoire's efforts in implementing its NDCs and contributing to the carbon market with transparency and integrity. #ClimateAction #ParisAgreement #NDCs #Sustainability #EcoResilience #CarbonMarket

The Colour of Tomorrow is Green. This World Environment Day, the theme is ‘Land restoration, desertification and drought resilience’ under the slogan ‘Our land. Our future. We are #GenerationRestoration’. Saudi Arabia hosts, but the fight is global. The UN Environment Programme states, "Globally, countries have pledged to restore 1 billion hectares of land – an area larger than China." And, we at Accacia refuse to be bystanders. Decarbonization is a piece of the puzzle, but a healthy planet demands a complete solution. Let's build it together. This isn't just a pledge; it's an overdue conversation. The land speaks. It tells us of its degradation, its loss, its pain. Will we listen? Will we act? We say yes. Will you? #worldenvironmentday #sustainability #esg #sustainablebusiness #sustainabledevelopment

Celebrating Our Commitment to a Greener Tomorrow We are thrilled to share that Mohammed Hassan Sherbiny For Commerce has received a Certificate of Appreciation from the United Nations Environment Programme (UNEP) for our contribution to World Environment Day 2024. This recognition is a testament to our commitment to environmental sustainability and the impactful events we organized in Saudi Arabia. During Environment Awareness Week (June 3-6), over 90 employees participated in activities that highlighted our dedication to a greener future. Together, we are part of the #GenerationRestoration movement, working to restore land, build drought resilience, and combat desertification. We believe that every small step contributes to a larger impact. Our pledge remains steadfast: reduce consumption, reuse, recycle, plant trees, conserve energy, and educate for a greener tomorrow. Together, we can create a sustainable future. #WorldEnvironmentDay #GenerationRestoration #Sustainability #EnvironmentalAwareness #GreenFuture

In a significant move towards environmental sustainability, Saudi Arabia has pledged $2.5 billion to the Middle East Green Initiative. This ambitious regional effort focuses on combating climate change through several key strategies: Large-scale afforestation: Planting trees across the region is a critical component to counteract desertification and improve air quality. Land rehabilitation: Restoring degraded land will not only combat desertification but also improve agricultural productivity. Carbon emission reduction: The initiative aims to implement strategies and technologies to significantly reduce greenhouse gas emissions. #gcc #saudiaarabia #tourism #sustainability #financeworld #financeworldmagazine

One of the most common problems that limits our progress towards sustainable development is the "carbon tunnel vision". This amazing visual by Jan Konietzko represents this term that stands for "solely focusing on carbon footprint, which can result in too much focus on a single issue in the sustainability strategy. This can potentially exclude other relevant impact outcomes of products that heavily impact the environment as well". Part of that can be seen clearly in the NDCs,NAPs and sustainable urban development strategies within countries. Achieving the goal of "sustainable cities and communities," for example, is closely intertwined with challenges like water policies , poor fiscal management and urban encroachments that are playing a vital role in exacerbating the crisis. As a result, SDG 11, which aims for sustainable cities and communities, is one of the worst-performing goals in Iraq according to the Sustainable Development Report 2024, even though there is notable progress in other SDGs. What could be the key to solving this puzzle, lies in thoroughly analyzing the root causes of these problems, rather than relying on quick "patching" fixes. You can find the full report here: https://lnkd.in/ggvEjPrf #sustainabledevelopment #sustainablecitiesandcommunities #unsdgs #sustainabledevelopmentreport

Exciting news from Saudi Arabia! At the 2024 High-Level Political Forum for Sustainable Development in New York, Faisal Al Ibrahim, Saudi Minister of Economy and Planning, announced the country is investing over $180 billion (Dh661 billion) in more than 80 green initiatives. This effort is a key part of advancing global climate goals and achieving the Vision 2030 objectives. Saudi Arabia is making significant strides in local sustainability, integrating all economic sectors to foster societal advancement and diversify revenue streams beyond oil. 🌱💼 #Sustainability #GreenEconomy #Vision2030 #ClimateAction #SaudiArabia #GlobalGoals

Weekend Read 📚 The Arab Region SDG Index and Dashboards 2023/2024 by World Governments Summit. The report highlights the SDGs Progress of different countries in the arab region. #sdgs #sustainability #environment #climatechange #Progress #impact #mena #sustainabledevelopment