Saudi Arabia and Finland agree to form new trade body & More Trending News


Riyadh: Greenhouse fuel emissions from the tourism sector have been decrease than beforehand thought within the run up to the COVID-19 pandemic, in accordance to new information revealed by the World Travel and Tourism Council.

The analysis reveals that in 2019 the sector’s greenhouse fuel emissions totaled 8.1 % globally — under an earlier estimate of 11 %.

The findings imply that whereas between 2010 and 2019 the sector’s gross home product grew on common 4.3 % yearly, its environmental footprint solely elevated by 2.4 %.

The WTTC’s analysis, the primary of its variety, covers 185 nations and will probably be up to date yearly.

Julia Simpson, president and CEO of the WTTC, stated: “8.1 percent is the stake in the ground. The key is to become more efficient and decoupling the rate at which we grow from the amount of energy we consume. From today, every decision, every change, will lead to a better and brighter future for all.”

The broader Environmental and Social Research will embrace measures of the sector’s impression in opposition to a variety of indicators, together with pollution, power sources, water use, in addition to social information, together with age, wage and gender profiles of journey and tourism associated employment, the assertion stated.

WTTC will proceed to launch information on how the sector fares in opposition to these indicators all through 2023.

The information is available in the identical week because the World Travel and Tourism Global Summit in Riyadh.

Simpson used her speech on the occasion to allude to the analysis, stating that it was the biggest such undertaking ever undertaken by the Council.

“Until now we didn’t have a sector-wide approach to precisely measure our local weather footprint. This information will give governments the detailed info they want to make progress in opposition to the Paris Agreement and the UN Sustainable Development Goals,” she stated.

“Travel and tourism is making huge strides to decarbonize, but governments must set the framework. We need a steely focus on increasing the production of sustainable aviation fuels with government incentives,” Simpson went on, including: “The technology exists. We also need greater use of renewable energy in our national grids – so when we turn on a light in a hotel room, it is using a sustainable energy source.”

Saudi Minister of Tourism Ahmed Al-Khateeb welcomed the analysis, and stated: “We are proud to be a companion to the WTTC on this vital analysis that can monitor impression for the longer term. Saudi Arabia acknowledges that vacationers and traders need insurance policies that promote sustainability within the trade and now we have launched into a journey that can make the Kingdom a pioneer in sustainable tourism.”

“Under the Saudi Green Initiative, we launched more than 60 initiatives in the past year to do just that. The first wave of initiatives represent more than $186 billion of investment in the green economy.”

Saudi Arabia and Finland agree to form new trade body

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Saudi Arabia and Finland agree to form new trade body

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Saudi Arabia and Finland agree to form new trade body

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