The Regional Voluntary Carbon Market Company (VCM) and ROSHN Group today announced a strategic collaboration to evaluate opportunities in generating high-integrity carbon credits to complement ROSHN Group’s broader sustainability goals.
This collaboration marks a major advisory milestone for VCM, reinforcing its role as the Kingdom’s trusted carbon market partner for sector-wide decarbonization. Combining VCM’s expertise in carbon markets, project structuring and credit issuance, the advisory team will support ROSHN Group in designing a framework to develop high-integrity carbon credits, with the initial phase focused on assessing the emission reduction potential from water-saving technologies.
The framework will be structured to translate the decarbonization potential of ROSHN Group’s sustainable practices across their business activities, including core developments, into tradeable carbon instruments.
This enables the Group’s participation in the Kingdom’s growing voluntary carbon market and unlocks potential alternative financing streams, supporting its commitment to deliver resource-efficient assets and infrastructure.
Fadi Saadeh, Acting CEO and Head of Technology at VCM commented:
"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 reflects VCM’s continued momentum in scaling Saudi Arabia’s voluntary carbon market ecosystem, enabling more sectors to participate in carbon finance while supporting the Kingdom’s broader net-zero ambitions.
