The Environmental Fund and the QTC for Accreditation signed a memorandum of cooperation on 1/8/2024.
This is part of the fund’s efforts to contribute to achieving the National Environmental Strategy by encouraging investment, supporting research, innovation, and development in the environmental and meteorological sectors, and promoting environmentally friendly practices among individuals, economic sectors, and environmental organizations. Additionally, it aims to stimulate environmental protection plans, activities, and initiatives in the Kingdom and contribute to their funding.

The memorandum was signed in Riyadh by Khalid bin Abdullah Al-Habardi, Executive Director of Strategy and Partnerships for the Environmental Fund, and Ahmad bin Khalil Al-Maslamani, Chairman of the Board of QTC.

The memorandum aims to create a constructive cooperative relationship to serve their strategic interests by stimulating the environmental sectors and studying the feasibility of launching digital products and solutions that contribute to environmental sustainability and serve the environmental sector in general. Under this memorandum, the parties will work on studying the feasibility of cooperation in launching digital platforms in various environmental fields, such as carbon footprint calculation, carbon emissions management and monitoring, corporate social responsibility (CSR), environmental, social, and governance (ESG) standards, environmental compliance, environmental sustainability, and ISO systems, in accordance with the regulations, laws, and policies in force in the Kingdom of Saudi Arabia.