In October 2025, PIF executed a $1.9 billion green bond issuance, bringing its total green debt program to $3 billion. As of 2025, PIF had allocated $9 billion of green bond proceeds across 146 projects in renewable energy, green buildings, and clean transport, offsetting about 5.1 million tons of carbon emissions and saving 1.5 million MWh of energy. PIF is committed to developing 70% of Saudi Arabia’s renewable energy target by 2030. It is also a founding member of the One Planet Sovereign Wealth Fund Working Group. Al-Rumayyan has been the governor of the PIF since 2019.