Saudi Arabia fund launches voluntary carbon firm with imminent auction

Published 20:21 on October 24, 2022  /  Last updated at 12:11 on June 2, 2023  / Roy Manuell /  Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Saudi Arabia's public investment fund (PIF) will auction carbon credits generated from 16 projects on Tuesday, according to sources familiar with the situation, as the country announced the creation of a firm to manage its voluntary carbon market activities and spur efforts to become a regional hub.
Saudi Arabia's public investment fund (PIF) will auction carbon credits generated from 16 projects on Tuesday, according to sources familiar with the situation, as the country announced the creation of a firm to manage its voluntary carbon market activities and spur efforts to become a regional hub.


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