Saudi firms bid for 2m tons of carbon credits in Kenya auction biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
More than 2.2 million metric tons of carbon credits were sold Wednesday at an auction organized by the Regional Voluntary Carbon Market Co. in the Kenyan capital Nairobi, the Saudi firm said. . | June 15, 2023
RIYADH: In 2016, Saudi Arabia announced the Vision 2030 blueprint to diversify the Kingdom’s economy. It dared to change its identity as an oil-rich nation to a harbinger of new ideas that would shape the world. Six years later, the Kingdom has ventured into new realms of opportunities that the Arab world would not have dared to dream of even a decade ago, thanks to its
Saudi Arabia’s sovereign wealth fund started a voluntary carbon market firm and plans to auction a million tons of credits, supporting the Kingdom’s net