Date: 2021
Type: Other
Exploring carbon market instruments for the Kingdom of Saudi Arabia (KSA)
STG Policy Briefs, 2021/10
DELBEKE, Jos, LAMAS, Rebecca, Exploring carbon market instruments for the Kingdom of Saudi Arabia (KSA), STG Policy Briefs, 2021/10 - https://hdl.handle.net/1814/71218
Retrieved from Cadmus, EUI Research Repository
As more and more countries prepare net-zero pledges under the Paris Agreement, the Kingdom of Saudi Arabia (KSA) has a specific concept: the Circular Carbon Economy (CCE), targeting carbon circularity by building a competitive advantage on clean hydrogen and carbon capture utilisation and storage (CCUS) technologies. The concept is nationally endorsed and the next steps now need to be elaborated. How best should technological and financial efforts be designed? This policy brief analyses the different elements of a potential carbon market for KSA, considering the country’s economic and competitive strengths, its plans to diversify its economy, and calls for a long-term low-carbon strategy for the country.
Cadmus permanent link: https://hdl.handle.net/1814/71218
Full-text via DOI: 10.2870/816369
ISBN: 9789294660077
ISSN: 2600-271X
Series/Number: STG Policy Briefs; 2021/10
Publisher: European University Institute
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