ROSHN Group looking to generate carbon credits as part of its sustainable strategy
The Regional
Voluntary Carbon Market Company (RiyadhVCM) has signed a strategic
agreement with ROSHN Group
to explore the creation of high-integrity carbon credits within Saudi Arabia’s
real estate sector.
The partnership will assess and structure
opportunities for generating carbon credits in line with ROSHN’s wider
sustainability strategy. In its initial phase, the collaboration will focus on
measuring emissions-reduction potential linked to water-efficiency technologies
integrated across the developer’s projects.
Structuring tradable carbon instruments
As part of the agreement, RiyadhVCM will
provide advisory services covering carbon market design, credit issuance and
project structuring. The goal is to convert ROSHN Group’s sustainability initiatives
— including energy and water efficiency measures embedded in its developments —
into certified, tradable carbon assets.
The proposed framework is intended to support
ROSHN’s participation in Saudi Arabia’s growing voluntary carbon market while creating
alternative financing pathways tied to measurable carbon performance. The move
aligns with national efforts to integrate sustainability into large-scale urban
and infrastructure projects.
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Fadi Saadeh, Acting CEO and Head of Technology
at RiyadhVCM, highlighted the importance of the real estate sector in advancing
the Kingdom’s development goals, noting that carbon market tools can play a
practical role in accelerating decarbonisation across the industry.
Expanding participation in the voluntary carbon
market
The
collaboration forms part of RiyadhVCM’s broader strategy to widen sector
engagement in Saudi Arabia’s voluntary carbon ecosystem, contributing to the
country’s long-term net-zero ambitions and embedding climate considerations
into core economic sectors.
Source: solarquarter.com
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