European utility revealed as largest credit provider for first Saudi voluntary carbon auction

Published 11:07 on December 21, 2022  /  Last updated at 11:07 on December 21, 2022  /  Africa, EMEA, Middle East, Voluntary  /  No Comments

A Europe-headquartered energy company has revealed that it provided the greatest proportion of carbon credits for the first MENA voluntary carbon market auction hosted by Saudi Arabia's public investment fund (PIF) in October, selling almost 500,000 tonnes to the organisers.

A Europe-headquartered energy company has revealed that it provided the greatest proportion of carbon credits for the first MENA voluntary carbon market auction hosted by Saudi Arabia’s public investment fund (PIF) in October, selling almost 500,000 tonnes to the organisers.

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