Browsing: Carbon

Riyadh, December 04, 2025, SPA — The Regional Voluntary Carbon Market Company (VCM), established by the Public Investment Fund (PIF) and Saudi Tadawul Group, has announced a memorandum of understanding (MoU) with Marubeni Corporation, a major trading house and the first Japanese company, for collaboration on carbon markets. According to a VCM press release, the milestone marks a significant expansion in the exchange’s global reach and diversification throughout Asia. VCM also signed a partnership agreement with Climate Bridge International from Singapore as an advisory partner. VCM and Climate Bridge International will jointly acce