Browsing: Climate

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

18 November 2025 (Belem, Brazil) – The International Air Transport Association (IATA), together with the governments of Japan, Malaysia and leading industry stakeholders, have issued a joint statement at COP30, urging governments and the international community to reaffirm the International Civil Aviation Organization (ICAO)’s leadership and accelerate coordinated climate action for aviation to reach net zero carbon emissions by 2050. Specifically, the signatories highlight the need for global solutions, emphasizing that ICAO remains the exclusive forum for addressing international aviation emissions. The signatories caution against fr