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Crown prince affirms Saudi commitment to enhance global energy markets stability

Crown prince affirms Saudi commitment to enhance global energy markets stability

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman affirmed the kingdom’s commitment to enhance the stability of global energy markets in the light of the availability of safe technologies to manage and reduce carbon emissions, Arab News reported.

During a phone call with British Prime Minister Boris Johnson, Crown Prince Mohammed bin Salman also discussed issues of common interest.

Johnson praised the kingdom’s pledge to cut its carbon emissions to net zero by 2060 and its efforts to transition away from fossil fuels during the call.

The two leaders “discussed the importance of making progress in negotiations in the final days of COP26, including on finalising the outstanding elements of the Paris Rulebook,” the prime minister’s office said.

Johnson said: “All countries need to come to the table with increased ambition if we are to keep the target of limiting global warming to 1.5°C alive.”