As both regulated and VCMs take off in Saudi Arabia and across the GCC region, KAPSARC is seeking to help inform and support their robust development in two ways. The first is to keep track of the rapidly evolving global market landscape. Questions here relate to both how governance and cooperation under Article 6 of the Paris Agreement are taking shape and how international VCMs are developing in parallel, as well as what all this means for the Gulf. The second is through analysis and studies of how domestic carbon markets can best suit Saudi Arabia’s and the region’s priorities, goals and specific circumstances.
