The Regional Voluntary Carbon Market Company (VCM) and ROSHN Group have partnered to explore and evaluate opportunities for generating high-integrity carbon credits, aligning with ROSHN Group’s comprehensive sustainability objectives.
This collaboration marks a significant advisory milestone, further reinforcing VCM’s position as the Kingdom’s trusted partner in advancing carbon market initiatives and driving sector-wide decarbonization.
Leveraging its deep expertise in carbon markets, project structuring, and credit issuance, the advisory team will work closely with ROSHN Group to design a comprehensive framework for the development of high-integrity carbon credits.
The initial phase of the engagement will focus on evaluating the emission reduction potential of water-saving technologies, laying the foundation for measurable and verifiable contributions to sustainability goals, while setting the stage for broader decarbonization efforts across ROSHN’s operations.
The framework will be designed to translate the decarbonization potential of ROSHN Group’s sustainable practices across its business activities, including core developments, into credible and tradeable carbon instruments. By doing so, the group will be well-positioned to actively participate in the Kingdom’s expanding voluntary carbon market, while simultaneously unlocking potential alternative financing streams.
This approach supports ROSHN Group’s ongoing commitment to delivering resource-efficient assets and infrastructure, advancing both environmental impact and long-term business value.
Fadi Saadeh Acting CEO and Head of Technology, VCM
“The real estate sector is central to the Kingdom’s development ambitions, and sustainability must be embedded at its core. This collaboration with ROSHN Group represents a significant milestone for VCM and is a powerful demonstration of how carbon market mechanisms can support sector-wide decarbonization.”
The collaboration underscores VCM’s ongoing momentum in scaling Saudi Arabia’s voluntary carbon market ecosystem, creating opportunities for a wider range of sectors to engage in carbon finance, while actively supporting the Kingdom’s broader net-zero and decarbonization ambitions.
