Riyadh, Dec 1, 2021, SPA -- Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadley has signed a cooperation agreement with United Nations Convention to Combat Desertification (UNCCD) Executive Secretary Ibrahim Thiaw, which aims at executing the items of the Global Initiative on Reducing Land Degradation and Enhancing Conservation of Terrestrial Habitats. The agreement includes providing financial support to contribute to implementing initiative activities that aim at reducing the percentage of land degradation by 50% by 2040, as stipulated in the statement of the ministers of environment of G20 in 2020, where this support will play a big role in realizing the goals of the initiative. The G20 global initiative aims to prevent, halt, and reverse land degradation through building on existing relevant regional and global initiatives. To serve this end, the initiative will work jointly with existing multiple-party initiative to add momentum to the UN Decade on Ecosystem Restoration. Eng. Al-Fadley stressed that the G20 global initiative will seek to reduce land degradation, support the conservation of biodiversity, and boosting the capability of facing climate change, drought and alleviating their impacts, in addition to storing carbon in soil, contributing to realizing food security and providing sources of income and work for local residents, expressing aspiration for this commitment of the Kingdom of Saudi Arabia to stimulate all countries and the private sector to be part of the change we all aspire for. The minister also referred to having a big opportunity to provide financial support to contribute to implementing the global initiative, which highlights G20’s commitment to assuming a leading role in reducing land degradation and rehabilitating already degraded lands, as well as yielding multiple benefits at all levels. For his part, Thiaw stressed that land degradation in the Middle East and across the world represent a big and growing problem, where the G20 initiative and aspiration will constitute a defining moment in the history of global transformation towards proper administration of lands and restoring balance for the nature. He added that the G20 Global Initiative brings to the table at least three new elements. First, it incentivizes the global community to tackle climate change, biodiversity losses and land degradation together. Second, it demands that while we think globally, we pursue inclusive solutions at the regional and national levels alongside indigenous and local communities, with their traditional knowledge at the heart of action. Third, it demands the engagement of the public and private actors. --SPA 19:17 LOCAL TIME 16:17 GMT 0027 www.spa.gov.sa/w1658742