Riyadh forum to explore climate finance and Saudi carbon credit issuance in November 2026
arabnews.pkSaudi Tadawul Group and the Regional Voluntary Carbon Market Co. have announced a new sustainability-focused forum called Select Red Sea, to be held in Riyadh on November 24, 2026. The event will bring together investors, companies, and policymakers to discuss climate finance and carbon markets. A key milestone is the first issuance of Saudi carbon credits on the Regional Voluntary Carbon Market Co. platform later this year, with credits generated from local projects. The Kingdom is developing a pipeline of over 30 carbon projects, including nature-based solutions, industrial decarbonization, and carbon removal technologies. More than 30 companies have signed agreements to participate in the inaugural credit issuance. The forum aims to position Saudi Arabia as a growing hub for sustainable finance and capital markets.