{"id":37073,"date":"2022-10-08T09:10:14","date_gmt":"2022-10-08T06:10:14","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=37073"},"modified":"2026-03-28T01:54:41","modified_gmt":"2026-03-27T22:54:41","slug":"sfd-calls-for-greater-global-collaboration-to-tackle-climate-change-at-the-6thinternational-meeting-on-triangular-co-operation","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/sfd-calls-for-greater-global-collaboration-to-tackle-climate-change-at-the-6thinternational-meeting-on-triangular-co-operation\/","title":{"rendered":"SFD calls for greater global collaboration to tackle climate change at the 6thInternational Meeting on Triangular Co-operation"},"content":{"rendered":"\n

Lisbon: 8 October 2022<\/strong><\/p>\n\n\n\n

The Saudi Fund for Development (SFD) has underlined its commitment to international collaboration to effect positive change and safeguard the environment. Taking part in the 6th\u00a0International Meeting on Triangular Co-operation, a delegation of SFD officials showcased the Fund\u2019s ongoing sustainability initiatives and called on international organizations, communities, and the private sector to join forces to combat climate change.<\/p>\n\n\n\n

Hosted in Lisbon, Portugal, the event was held from 6 to 7 October and provided a timely opportunity for authorities, experts, and leaders from around the world to network, share ideas and discuss sustainable solutions to environmental challenges such as climate change.<\/p>\n\n\n\n

SFD was represented at the event by Randah Al-Hothali \u2014 the Fund\u2019s Director, General of Corporate Communications. In addition to spotlighting SFD\u2019s wide-ranging sustainability projects,\u00a0Ms.<\/a>\u00a0Al-Hothali participated in a panel discussion entitled\u00a0\u201cTriangular co-operation supporting the climate agenda\u201d. The session\u00a0reiterated the importance of triangular cooperation to overcome the challenges posed by climate change. It called for greater alignment and partnership between global entities and organizations to effect lasting change.<\/p>\n\n\n\n

The panel discussion also featured senior officials from Indonesia\u2019s Ministry of National Development Planning, the Dominican Republic\u2019s Ministry of Economy, Planning, and Development, Comoros\u2019 Agency for International Cooperation (ANCI), and the University of Sunshine Coast, Queensland, Australia.\u00a0<\/p>\n\n\n\n

\"\u0627\u0644\u0635\u0646\u062f\u0648\u0642<\/a><\/figure>\n\n\n\n

During the discussion, Ms. Al-Hothali said, \u201cSFD has long been committed to empowering disadvantaged people and communities worldwide by providing access to vital resources and basic services. The Fund has offered ongoing support to people in need through the financing of projects related to health, education, climate activity, clean water, and the development of essential infrastructure. These projects have played an important role in improving the quality of life in developing countries. All in all, SFD has financed close to 700 projects worth $18.4 billion in 84 countries.\u201d<\/p>\n\n\n\n

She added: \u201cAs part of this work, SFD has financed several sustainability projects and initiatives to tackle climate change. To date, we have provided 35 loans to finance renewable energy, flood protection, afforestation, and agricultural land reclamation projects in 23 countries, with these projects being worth a total of $1.3 billion. This reflects SFD\u2019s commitment to achieving the UN\u2019s Sustainable Development Goals (SDGs).\u201d<\/p>\n\n\n\n

Al-Hothali also called on international organizations to focus on three key issues: the importance of cooperation to protect the environment, developing innovative solutions to overcoming environmental challenges and strengthening triangular cooperation to develop and safeguard effective, sustainable resources.<\/p>\n\n\n\n

Al-Hothali highlighted SFD\u2019s proud record of launching, implementing, and supporting environmental projects. She said, \u201cSFD has worked with the UK\u2019s Foreign, Commonwealth and Development Office (FCDO), the Pakistani Government and the United Nations Office for Project Services (UNOPS) to provide a renewable source of electricity and clean energy to 1200 schools. This has helped to create jobs and opportunities for 6,000 teachers and improved educational facilities for 150,000 students. As with many projects focused on climate change, the benefits of these partnerships have extended into other areas, including education and economic development.\u201d<\/p>\n\n\n\n

SFD\u2019s participation in the 6th<\/sup> International Meeting on Triangular Co-operation attests to the Fund\u2019s unwavering dedication to promoting collaboration and protecting the environment.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lisbon: 8 October 2022 The Saudi Fund for Development (SFD) has underlined its commitment to international collaboration to effect positive change and safeguard the environment. Taking part in the 6th\u00a0International Meeting on Triangular Co-operation, a delegation of SFD officials showcased the Fund\u2019s ongoing sustainability initiatives and called on international organizations, communities, and the private sector 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