Voluntary Carbon Market Co. tracking 30 local, international project developers, CEO tells Al-Eqtisadiah
- The VCM is tracking more than 30 local and international project developers focusing on emissions reduction projects, including methane capture and nature-based solutions.
- Saudi Arabia's aim to achieve net-zero emissions by 2060 is supported by its Circular Carbon Economy framework and a developing voluntary carbon market.
- Challenges for the carbon market include ensuring liquidity, transparency, and maintaining credit quality amidst varying prices for different projects.
