Highlighting
one of the most pressing global energy challenges, the minister cited United
Nations estimates that 1.2 billion people suffer from energy poverty — a figure
he believes could be nearly three times higher in reality.
He noted that over two billion people still rely on
traditional, unsafe cooking fuels, which contribute to pollution and health
hazards.
Prince
Abdulaziz revealed that a dedicated Saudi team is actively working across
Africa and Southeast Asia to address energy poverty, engaging directly with
governments to implement practical solutions.
The minister underscored the Kingdom’s consistent energy
policies and its commitment to translating them into real-world outcomes.
He cautioned that the global energy transition should not
come at the expense of economic development, urging that each country’s
economic context be considered in crafting energy strategies.
He further stressed the need for a balanced global energy
mix, where oil and gas remain essential components alongside the expansion of
renewable energy sources.
With
global population projections reaching nearly 10 billion by 2050 and energy
demand expected to rise by 50%, he said a diverse approach is crucial to
ensuring sustainable energy access.