Saudi Arabia’s ambassador to the United States, Princess Reema bint Bandar bin Sultan bin Abdulaziz, underscored Saudi Arabia’s dedication to enhancing the blue economy and preserving marine environment during her participation in the eighth edition of the Future Investment Initiative (FII) in Riyadh.
During a panel discussion titled ‘Can the Ocean Economy Thrive in the Next Industrial Revolution?’, Princess Reema highlighted that the well-being of oceans is essential for the global economy. She added that what happens in oceans directly impacts lives, stressing the need to educate future generations on the importance of conserving water resources. Princess Reema also stressed the importance of utilizing artificial intelligence (AI) and modern technologies to construct a sustainable future.
Addressing oceanic and environmental challenges
The ambassador emphasized the necessity of innovative thinking to ensure a prosperous future for the planet. Furthermore, Princess Reema called for streamlining company operations to unlock better opportunities and contribute to addressing oceanic environmental challenges. She emphasized the importance of collaborative efforts and engaging local communities to instill a sense of responsibility and ownership for environmental issues among individuals.
During the panel discussion, Princess Reema also underscored the global responsibility of educating children about the value of the environment and promoting awareness of sustainable living, further stimulating collective efforts to safeguard our environmental future.
Role of data in advancing ocean initiatives
Princess Reema noted that current decisions concerning oceans will shape the future of our planet. The ambassador also reiterated her belief in the pivotal role oceans play in the global economy and collective safety, urging focus on solutions and the positive outcomes that can be achieved in this regard.
Princess Reema commended the ambitious objectives set forth by global initiatives, utilizing technology and data sciences to bridge cultural divides and provide actionable insights for impactful actions.
She urged communities to commit to revitalizing the oceans within a generation, stressing the significance of fostering a shared comprehension of oceanic health and striving towards improved results by 2050.
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Princess Reema launches Ocean Central
On the second day of FII8 in Riyadh, leaders from around the world gathered to discuss the transformative potential of emerging technologies and investment strategies in redefining the future.
“At FII8, we are witnessing a new era where innovation and capital converge not just to shape industries but to create a sustainable and inclusive future for all. Today’s discussions highlighted the journey toward a world of boundless possibilities and infinite opportunities,” stated Richard Attias, CEO of the FII Institute.
During her participation at FII8, Princess Reema also announced the launch of Ocean Central, a digital platform that Wave developed and FII Institute powers. The platform collects and combines data to provide a clear and evolving view of ocean health, an urgent resource in efforts to regenerate oceans.
Princess Reema founded Wave as an initiative to champion ocean regeneration within a human generation, an ambitious but achievable aspiration, utilizing science-backed methodologies. Wave has developed Ocean Central as a collaborative digital platform to unify once-disparate scientific ocean data by fostering collaboration, empowering decision-makers, and tracking collective progress toward ocean regeneration.
Ocean Central combines accessible data with data-driven stories, relevant video content, news, and other ocean regeneration content to broaden users’ perspectives, shed light on the challenges ahead, celebrate successes, and foster a deeper appreciation for our planet’s ocean and our work to save it.
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