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The Saudi Tadawul Group and the Voluntary Carbon Market Company announced the launch of the "Select" Forum – Red Sea, the first edition dedicated to sustainability in financial markets, aiming to explore climate and carbon financing opportunities. The forum includes the launch of the first Saudi carbon credits through the Voluntary Carbon Market Platform, with plans to develop over 30 projects within the Kingdom to issue carbon credits in the coming years, involving more than 30 companies eager to contribute to the development of a sustainable carbon market.
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