GCO highlights Qatar's sustainable economic practices
Gulf Times
From zero-emission investments to excluding hydrocarbons, Qatar is implementing business-friendly practices to promote sustainable economic growth in the country.
From zero-emission investments to excluding hydrocarbons, Qatar is implementing business-friendly practices to promote sustainable economic growth in the country, in alignment with both Qatar National Vision 2030 and Qatar National Environment and Climate Change Strategy, the Government Communications Office (GCO) has said in a statement on social media.
"As of 2021, almost 50% of Qatar Investment Authority's (QA) infrastructure power generation projects are zero-emission investments and plans to continue to shift further towards greener assets. In 2020 QIA announced it will no longer invest in hydrocarbons," the tweet said.
"In 2020, Qatar announced its first large-scale solar power plant, Al Kharsaah. It will provide sustainable, affordable and clean energy, expecting to be fully commissioned by early 2022. In 2019, His Highness the Amir Sheikh Tamim bin Hamad Al Thani announced Qatar's contribution of $100 million to support small island developing states and least developed countries to address climate change and environmental challenges during the Climate Action Summit," it added.
