Introduction

STRENGTHEN THE MEANS OF IMPLEMENTATION AND REVITALIZE THE GLOBAL PARTNERSHIP FOR SUSTAINABLE DEVELOPMENT. The Global Goals can only be met if we work together. International investments and support is needed to ensure innovative technological development, fair trade and market access, especially for developing countries.

Business is being asked to do more than ever to solve social and environmental problems.1 As a result, a growing number of leading companies are taking the challenge of sustainability seriously, not only to reduce their environmental footprint and bolster their reputations but also to improve operations and financial performance.2

Many ecosystem challenges cross jurisdictional boundaries and require systemic changes beyond the capabilities of individual companies or even of an industry. In these cases, the best approach for business can be to partner up—with governments, investors, local communities, nongovernmental organizations (NGOs), and other companies. Think of these partnerships as distinctive and complicated joint ventures, often with multiple parties.

Realising Saudi Arabia’s ambitious Vision 2030 requires the Kingdom to embrace partnerships to attract more foreign investment, create jobs and encourage the transfer of skills to the public sector.

The government also supports national partnerships by opening new horizons in developing countries, by offering incentives to attract buyers of Saudi products via Saudi Export program. This program attracts direct foreign investment, making the Kingdom an international logistics and transport center. It also opens new industrial fields to access as many countries as possible, mainly developing countries in need for goods and services.

The Kingdom has approved several strategies and plans including the National Environment Strategy, National Biodiversity Strategy, Riyadh region plant cover restoration strategy in order to make strides in the achievement of the SDGs. In line with Vision 2030, KSA recently adopted a strategy to provide clear statistical development data, which is reliable, up-to-date and useful for inter country comparisons.

The Kingdom of Saudi Arabia’s initiatives for Achieving Goals Through Partnership