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The Environment Fund (EF) was established by Cabinet Resolution No. 416 dated 19/07/1440 AH, and operates with full legal personality, along with financial and administrative independence. As a national financing institution, Environment Fund is dedicated to enabling environmental sustainability across Saudi Arabia in line with Vision 2030 and the National Environment Strategy.
Through innovative funding models, strategic partnerships, and results-driven programs, Environment Fund supports the protection of natural capital, promotes circular economy practices, and enhances institutional capabilities across the environmental sector. Read more
The Fund plays a central role in strengthening sector resilience, attracting investment, and ensuring financial sustainability while delivering long-term environmental impact.
A leading fund enabling a sustainable environment.
Maximize revenues and adopt best practices and techniques to achieve financial sustainability and promote investment and innovation in the fields of environment.
In 2018, the Kingdom of Saudi Arabia launched the National Environment Strategy with the aim of protecting natural resources and promoting environmental sustainability. This step falls within the Kingdom's Vision 2030 to develop integrated systems that balance development and the environment.
In 2019, a royal decree was issued establishing the Environment Fund in the Kingdom of Saudi Arabia to support environmental projects and achieve sustainability. The fund aims to finance initiatives that contribute to protecting the environment and improving the quality of life.
In 2020, the Environment Fund's strategy and organizational structure were approved to align with the Kingdom's sustainable development goals. The fund was also launched and began recruiting qualified national talent to implement its environmental programs and initiatives.
As part of financial empowerment, the Environment Fund worked in coordination with the Ministry of Finance to ensure the regulation and sustainability of financial flows. The basic regulations and policies necessary to establish an effective and disciplined operating environment were also developed and approved.
The Environment Fund received its first capital injection, enabling it to activate its investment program to support environmental initiatives. This phase achieved strategic and financial integration, enhancing the fund's readiness to efficiently implement its projects.
The Environment Fund launched the five-year portfolio as a strategic plan to finance environmental projects with a sustainable impact. The portfolio aims to effectively direct resources toward national environmental priorities.
In 2024, the Environment Fund launched an incentive program to encourage environmental entities and initiatives to adopt sustainable and effective practices. The fund also moved to its new headquarters, a move that reflects institutional expansion and preparation for a greater phase of growth.
In 2025, the Saudi Environment Fund launched the Oil Spill Portfolio, contributing to strengthening allocation and investment strategies for vital environmental projects. The fund also entered into several strategic partnerships with local and international entities, aiming to expand its impact on environmental protection and promote sustainable development.
The Environment Fund advances the environmental sector through sustainable investment, innovation, and institutional excellence, while attracting the private sector to increase its participation:
Last modified: 09/21/2025 - 13:28 KSA time
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