According to the official schedule, the president is meant to deliver the country’s national statement on Friday between 2 p.m. and 6 p.m. before heading back to Israel.
Recognizing the mutual economic gains to be made from accelerating cooperation on clean energy and cleaning up fossil fuels could help to spur on Arab-Israeli normalization.
Silman's expected trip to Saudi Arabia follows to recent visits made by Communications Minister Shlomo Karhi and Tourism Minister Haim Katz.
More than 200 companies applied for the opportunity. The Israel Innovation Authority selected them in close collaboration with the Environmental Protection Ministry.
The program encourages entrepreneurism and innovation around solving four of the most significant challenges of the desert.
"Climate change is presenting Israel with numerous opportunities for enhanced regional cooperation," the report noted.
The cost of solar power, which is already the cheapest form of electricity production, will fall as low as $20 per megawatt-hour.
Sunday's government decision "proves the seriousness" Israel is placing on the issue of environmental sustainability.
At the COP 28 conference in Dubai, Israel is looking to take charge and be a global leader in the fight against climate change.
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