Saudi Arabia Announces Domestic Greenhouse Gas Credit Initiative - New Delhi Times - India's Only International Newspaper
Saudi Arabia on Monday unveiled an initiative to allow companies to purchase credits offsetting greenhouse gas emissions, part of the Gulf kingdom's stated goal of hitting net-zero emissions by 2060. The Greenhouse Gas Crediting and Offsetting Mechanism (GCOM), set to launch in early 2024, "aims to increase cooperation among national entities seeking to fulfill their…