RIYADH (Reuters) – Saudi Arabia’s Energy Minister Prince Abdulaziz Bin Salman on Monday launched a greenhouse gases and crediting scheme that will begin next year.
The scheme aims to drive progress towards a path to net zero emissions by allowing companies to offset their greenhouse gas emissions by purchasing credits from projects that voluntarily reduce or remove emissions, the initiative’s website noted.
(Reporting by Aziz El Yaakoubi and Pesha Magid; Writing by Nadine Awadalla and Louise Heavens)
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