HRH Minister of Energy's Address at G20

[M150-01] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:00 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

not only we will enjoy the place and the people, but also the Brazilian Spirit has although took us a late hours though we had managed to have an excellent text

[M150-02] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:16 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

I would have to add concurring with my new friend uh the minister of Australia that we would have loved to see the proposed text of the US when it comes to the ambition of storage both in terms of volume and in terms of the falls

[M150-03] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:38 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

and we still remain committed now that we have uh been here in trying to make sure that sure that paragraph includes this holistic approach that we I believe in

[M150-04] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:00:52 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

so I hope that, I want to register that we are not the party who unfortunately had done something to avoid mentioning it we still committed to that and we'll continue to be committed to that as long as we maintain the structure of that paragraph as cohesive as it is today

[M150-05] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:14 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

be it as it may your Excellency and again I can't thank anymore our friend from Australia to bring that issue to make that clarification as I've always said your Excellency in Saudi Arabia were Guided by paragraph 28 of the global stocktake as we transition our energy sectors align with the Paris agreement principle differentiation and bottom up approach it recognize the sustainability path vary, Respect each Nation unique economy circumstances and development goals

[M150-06] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:52 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

(unclear)

[M150-07] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:10 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

Global diversity while allowing us to address climate change effectively

[M150-08] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:17 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

our policies must prioritize reliability, affordability, access to energy, support economic growth, and improve quality of life including attending to climate change as being a comprehensive challenge for all of these things have to be addressed

[M150-09] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:42 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

Without giving a priority to one versus the others

[M150-10] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:02:53 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

to address the escalating global energy demand effectively especially in developing nations, strategic and inclusive investment approach is paramount, investment and finance had to be available for all sources, technologies options

[M150-11] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:10 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

Again we are all should be driven by avoiding emissions of all sources of emissions on overall gases that contribute to climate change but energy poverty is one of the most crippling barriers to economic advancement

[M150-12] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:28 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

(unclear)

[M150-13] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:33 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

without it there is no sustainable development no reduction, eradication of poverty and no Global equality

[M150-14] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:45 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

(unclear)

[M150-15] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:48 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

Is therefore paramount for elevating poverty and promoting sustainable development poverty especially in rural and marginalized communities leaves people vulnerable to and reliant on unsustainable energy sources

[M150-16] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:04:08 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

it's eradication is therefore the first step toward enabling clean energy solution ensuring clean cooking, become a reality for all contributing to the all broader goals of energy access and poverty reduction

[M150-17] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:04:25 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

I will give you without naming names there are countries that are exporting energy today; oil, gas and what have you but you will see in these countries that 60, 50, 40, 30% of their population are suffering from energy poverty and simply said they cannot undo their export because if they are to attend to energy poverty domestically it means that they will be denied the excess of revenues that would help them to run a country and have a budget this is a precarious situation for so many countries today, even if they are a big producers and consumers

[M150-18] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:07 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

we in Saudi Arabia have engaged so many of these countries be it in Africa be it in Southeast Asia and we know these countries have teams working there and now we are advancing this issue of

[M150-19] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:20 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

(unclear)

[M150-20] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:27 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

and I would love to have time actually our team was here the last two days explaining what we are doing and we would love to see

[M150-21] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:35 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

(unclear)

[M150-22] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:38 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

all of us sharing our not only resources but sharing also our commitment to (…) of population (…) can we attend to climate change when we have 60% of the people in this world are suffering from energy poverty one way or another

[M150-23] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:57 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

economically, this energy mix (…) energy security and stability we need a wide variety of options, solutions, and fuels our energy transition must include all types of fuels it's not a choice it's a necessity this (…) options like clean hydrogen, ammonia, biofuels, synthetic fuels, nuclear energy, renewable

[M150-24] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:06:25 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

all of which hold the promise of providing sustainable efficiency and cost effective energy at large scale

[M150-25] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:06:34 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

Colleagues, as we for Forge our way forward in our energy transition, we must have equal ambition equal progress in our solution and across the board

[M150-26] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:06:49 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

Our commitment to sustainability must be matched by our dedication to inclusiveness the kingdom is investing in all options and fuels including wind, solar, hydrogen and other fuels and yet more to come I assure you

[M150-27] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:07:08 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

understanding that the importance of balanced and diversified energy portfolio and an inclusive energy strategy not only support our environmental goal but also ensure economic viability, energy security for all stakeholders

[M150-28] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:07:24 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

in conclusion as articulated in the chapeau of paragraph 28 of the GST each country will be contributing to the global effort to reduce emission differently and in a nationally determined manner as per the Paris agreement principle of equity and CDBR-RC, we are committed to that we have signed to that, we have signed to the last cup, we are engaging to the new cup in Azerbaijan and UAE consensus and there is nothing that we would not do since we have committed ourselves to willing

[M150-29] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:08:16 · HRH Minister of Energy's Address at G20 · 2024-10-03 · مشاهدة عند هذا التوقيت

Thank you