The circular carbon economy (CCE) is a new concept, developed in detail by Saudi scholars and stakeholders since 2019 and promoted via Saudi Arabia’s Group of Twenty (G20) presidency in 2020. The CCE is conceptualized as an economy in which atmospheric carbon dioxide emissions are minimized and offset by reducing, recycling, reusing, and removing carbon. The concept emphasizes the need to address emissions holistically using all available mitigation options. It also recognizes the economic value of carbon and each country’s specific circumstances.