The International Carbon Registry (ICR) and Saudi Arabia's National Center for Vegetation Cover Development and Combating Desertification (NCVC) signed a Memorandum of Understanding (MoU) at COP16 in Riyadh on 19 December 2024. The agreement establishes a cooperative framework to develop and implement a Greenhouse Gas (GHG) Programme focused on nature-based solutions, including afforestation and mangrove restoration. This initiative supports Saudi Arabia's Vision 2030 and its Saudi Green Initiative, aiming to combat desertification and position the Kingdom as a leader in global carbon markets. ICR will provide expertise in standardisation, validation, verification, and registry infrastructure for the programme.
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