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Saudi companies buy 2 2 million tonnes of carbon credits in Kenya auction

Companies from Saudi Arabia bought more than 2.2 million tonnes of carbon credits on Wednesday, 14 June 2023, as the Kenyan capital hosted what organisers have billed as the world's largest sale of its kind.Riham ElGizy, CEO of Regional Voluntary Carbon Market Company (RVCMC), speaks during a Reuters interview ahead of the voluntary auction of carbon credits, with projects in Kenya, Rwanda, Egypt and South Africa, at the auction in Nairobi,.

Saudi firms to bid for 2 mln tonnes of carbon credits in Kenya auction

More than a dozen companies, including some from Saudi Arabia, will bid on more than 2 million tonnes of carbon credits on Wednesday when the Kenyan capital hosts what organisers have billed as the world's largest sale of its kind.

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