Net-Zero Producers Forum Concludes Second Ministerial Meeting in Riyadh

The Net-Zero Producers Forum held its second Ministerial Meeting, bringing together ministers from Saudi Arabia, Qatar, UAE, the US, Norway, and Canada. 

The meeting focused on accelerating just energy transitions and achieving net-zero emissions while supporting sustainable development and energy security.

Ministers welcomed the outcomes of the 28th UN Climate Change Conference in Dubai and global methane emissions abatement efforts, such as the Global Methane Pledge and the Zero Routine Flaring initiative. They emphasized the importance of carbon management and methane emissions abatement in addressing climate change.

The Forum commended the launch of the Upstream Methane Emissions Abatement Toolbox at COP28 and initiated a new Working Group on Carbon Utilization and Storage to advance technologies for carbon dioxide utilization and storage, promoting a sustainable and circular carbon economy.

Additionally, the Forum launched its website to enhance transparency and stakeholder engagement, providing information, updates, and resources related to its activities.

The Net-Zero Producers Forum remains dedicated to advancing just energy transitions through collaboration, expertise sharing, and leveraging technology and innovation.