New Murabba And NCVC Sign MoU To Promote Sustainability And Combat Desertification

New Murabba has entered into a memorandum of understanding (MoU) with the National Center for Vegetation Cover Development and Combating Desertification (NCVC). This agreement is part of New Murabba's commitment to integrating sustainability into its planning and operations, aiming for net-zero emissions by 2060. The MoU was signed by Michael Dyke, CEO of New Murabba Development Company, and Dr. Khaled bin Abdullah Alabdulqadir, CEO of NCVC.

The collaboration aims to foster innovative solutions for enhancing vegetation cover, combating desertification, and promoting biodiversity. It aligns with Saudi Arabia's goals of achieving carbon neutrality in operational processes. This partnership will facilitate the exchange of expertise and the implementation of joint programs to support afforestation and increase green spaces in designated areas within the Kingdom.

New Murabba's sustainable development objectives are closely tied to this agreement, which also supports the United Nations Sustainable Development Goals (SDGs). Key targets include Goal 11 (Sustainable Cities and Communities) and Goal 13 (Climate Action), emphasizing sustainability in every aspect of design and operation. The MoU encourages participation from interested parties for three years following its signing.

The cooperation between New Murabba and NCVC is based on Environmental, Social, and Governance (ESG) principles. It aims to enhance community and environmental awareness through joint studies, strategies, and vegetation development plans. This integrated approach will activate necessary procedures to preserve ecosystems and vegetation cover.

This agreement reaffirms New Murabba's commitment to developing a green urban environment as a model for Saudi Arabia's development. By working together, both parties aim to create a sustainable urban landscape that reflects the Kingdom's progress. The partnership will contribute significantly to increasing green spaces in specific regions.

Through this MoU, New Murabba seeks to enhance cooperation with NCVC in an integrated manner. This includes implementing measures to preserve ecosystems while supporting afforestation efforts across the Kingdom. The collaboration underscores the importance of sustainable practices in urban development.

The MoU not only supports New Murabba's goals but also contributes to broader environmental objectives within Saudi Arabia. By prioritizing sustainability at every stage, the company aims to set a benchmark for future developments in the region.

With inputs from SPA