FII24: We want our exchange to challenge CBL dominance of the carbon spot market, says Saudi VCM CEO

Published 18:35 on October 30, 2024 / Last updated at 18:35 on October 30, 2024 / / EMEA (Middle East), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Developments)

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Saudi Arabia has global ambitions for its soon-to-launch carbon credit exchange, and is aiming for the platform to compete with the CBL exchange that currently dominates voluntary carbon market trades, the CEO of the country’s state-backed VCM company told Carbon Pulse on Wednesday.
Saudi Arabia has global ambitions for its soon-to-launch carbon credit exchange, and is aiming for the platform to compete with the CBL exchange that currently dominates voluntary carbon market trades, the CEO of the country’s state-backed VCM company told Carbon Pulse on Wednesday.


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