His Royal Highness Prince Khaled bin Alwaleed bin Talal, Founder and CEO of KBW Ventures, emphasized the importance of entrepreneurship and impact-driven investment.

During his participation in a panel discussion titled "Innovation in Giving: Empowering Communities through Social Entrepreneurship" at the Biban24 Forum, he highlighted key topics such as sustainability and climate technology as essential elements for attracting diverse sources of capital.

His Royal Highness explained that sustainability and impact investment goals play a vital role in shaping business strategies, stressing the importance of integrating innovation into entrepreneurship to enhance community development. He also discussed the role of the economy and venture capital in promoting charitable work, noting that incentives are crucial to maintaining the activity of philanthropy.

Prince Khaled highlighted the private sector's critical role in amplifying the social impact of social entrepreneurship. He pointed out that entrepreneurs should focus on seizing opportunities and overcoming challenges to achieve sustainable development goals.

The session also emphasized the importance of investing in these areas to address climate challenges and secure a better future for future generations.

The discussion underscored the significant contributions of the private sector in areas like accelerators and economic community development.