Al-Ahsa Gov. Prince Saud bin Talal bin Badr on Wednesday launched a SR3 million ($800,000) initiative to plant 100,000 trees across the governorate, aiming to expand green spaces, increase vegetation cover and support environmental sustainability.
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Saudi Arabia's Voluntary Carbon Market Co. (VCM) has traded over 15 million carbon credits, equivalent to $93.3 million, as the country aims to boost its carbon market amidst high domestic demand for credits.
When Saudi resident Reem Al-Dossari was asked what “net zero” meant, she thought it described a future in which factories, cars and businesses produced no emissions at all.
Saudi Arabia's private sector has identified 20 obstacles to implementing the Kingdom's new commercial registration law, Asharq Al-Awsat has learned, highlighting efforts to streamline regulations and sharpen the business sector's competitiveness.
Abu Dhabi Future Energy Company (Masdar) has issued its first blue bond to support its European expansion. Blue bonds are a growing category of sustainable finance instruments designed to support water-related environmental goals.
