The "Saudi Arabia's Vision 2030" sets among other goals an initial target of generating 9.5 gigawatts of renewable energy by 2023 (timeline was specified on 5 May 2016 by Saudi Government).The vision also foresees other measures to build a competitive renewable energy sector, such as localising a significant portion of the renewable energy value chain inside Saudi economy, including research development and manufacturing, and gradually liberalising the energy market. The "King Salman Renewable Energy Initiative" is also to be launched to support reaching the 9.5GW goal. Derived from the Vision plan 2030, the government launched the National Transformation Programme (NTP). The first phase ran from 2016 to 2020. Now, in this second phase, NTP is responsible for 7 dedicated themes that include 34 strategic objectives. Amongst the themes, there are topics such as "Reduce all types of pollution", "Ensure Sustainability of Vital Resources" and "Protect and Rehabilitate Natural Resources".
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Saudi Arabia's Vision 2030 and its delivery plan
Summary
Documents
Document
Topics
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About this policy
Year
2016
Most recent update
01/01/2021
Geography
Response areas
Mitigation
Sectors
Economy-wide, Energy
Topics
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Topics mentioned most in this policy Beta
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Economic sector
Public finance actor
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