Economic growth, since the industrial revolution in the 18th century, has helped improve the lives of billions of people around the world. However, increased human activity as a result of this growth has led to severe stresses on the nature and environment, including a rise in CO₂ and other greenhouse gas emissions to the atmosphere. This resulted in global warming and a corresponding change in weather patterns. Climate change has now become one of the most pressing issues of our time. The global community thus aims to limit temperature rise to well within 2°C above pre-industrial levels.

The Kingdom of Saudi Arabia is committed to contribute to this global goal. We acknowledge that as a global energy producer, our role is to find innovative and sustainable solutions to address climate change and global warming. We promote the Circular Carbon Economy (CCE) framework because we believe that “Carbon is not the enemy”. CCE presents an economically sustainable solution that leverages the circularity of carbon to manage CO₂ emissions through the 4R levers: Reduce, Reuse, Recycle and Remove. In collaboration with several stakeholders across the energy ecosystem, we launched the Circular Carbon Economy National Program, a program that aims to reduce CO₂ emissions by deploying innovative CCE applications and technologies, while maintaining socio economic growth in the Kingdom. The Circular Carbon Economy National Program, a program from Saudi Arabia for the world, will create impact while accounting for national circumstances, as highlighted in the Paris Agreement.​