Kingdom partners with Japan’s Marubeni, Singapore’s Climate Bridge

As voluntary carbon markets come in for criticism, an executive at a Saudi exchange operator hopes today’s high prices will incentivize investment in carbon credit-generating projects. (Nikkei montage)
SHOTARO TANI
December 8, 2025 13:37 JST
TOKYO — Saudi Arabia, the world’s largest oil exporter, is looking to position itself as a carbon trading hub for the global south and is pushing for partnerships with Asian companies to trade on its exchange.