JEDDAH: Saudi Arabia will not have any additional capacity to increase oil production beyond 13 million barrels per day, Saudi Arabia’s Crown Prince Mohammed bin Salman said during his address at the US-Arab summit in Jeddah. “The Kingdom has announced an increase in its production capacity level to 13 million barrels per day, after which the Kingdom will not have any additional capacity to increase production,” he said. The Crown Prince also addressed climate change, calling for a "balanced approach" through a gradual transition towards sustainable energy sources.  “The environmental challenges that the world is currently facing, especially climate change, and the international community’s determination to maintain the Earth’s temperature in accordance with the levels set by the Paris Agreement, require dealing with them realistically and responsibly to achieve sustainable development, by adopting a “balanced approach” through a gradual and responsible transition. Towards more sustainable energy sources, which takes into account the circumstances and priorities of each country," he said.  Mohammad bin Salman said that to reach net neutrality on carbon emissions, Saudi Arabia is following the circular carbon economy approach, in line with its development plans. The Crown Prince said that it is enabling its economic diversification, without affecting growth and supply chains, to address emissions through the Green Saudi initiatives and the Green Middle East initiative. The Saudi Crown Prince also called on Iran to be cooperative and not interfere in regional affairs, during his opening remarks at the summit.  US President Joe Biden followed the Crown Princes speech by affirming that the United States would remain an active and engaged partner in the Middle East. "The United States is invested in building a positive future of the region, in partnership with all of you - and the United States is not going anywhere," Biden told the Arab leaders in a speech. Biden also affirmed Americas commitment to stop Iran from obtaining nuclear weapons. He also said the US was working with Saudi Arabia and Oman to reach a political solution in Yemen. #LIVE : #SaudiUSSummit kicks off with participation of US President @POTUS @JoeBiden and Arab leaders. Follow our coverage: https://t.co/j5E4JUPZ02 https://t.co/tR3z8pLzxn — Arab News (@arabnews) July 16, 2022 Arab leaders of countries participating in the Jeddah Summit for Security and Development started arriving in Jeddah on Friday, with the bulk touching down on Saturday, SPA reported. Egypt’s President Abdel Fattah el-Sisi, was received at King Abdulaziz International Airport by Crown Prince Mohammed bin Salman. He was also received by the Minister of State, Muhammad Al-Sheikh, and the Ambassador of Saudi Arabia to Egypt, Osama bin Ahmed Naqli. The Crown Prince of Kuwait, Mishal Al-Ahmad Al-Jaber Al-Sabah, was also welcomed by Mohammad bin Salman. President of the UAE, Mohammed bin Zayed, and Sayyid Asaad bin Tariq Al-Said, Deputy Prime Minister for International Relations and Cooperation Affairs, arrived shortly after. The Saudi Crown Prince welcomes the King of Jordan, Abdullah II. The Emir of Qatar arrives in Jeddah and is wellcomed by Crown Prince Mohammad bin Salman.  Bahrain’s Crown Prince Sheikh Salman bin Hamad and Iraq’s Prime Minister Mustafa Al-Kadhimi arrived in Saudi Arabia on Friday to take part in the summit, the countrys king arrived shortly before midday on Saturday.