More than 2.2 million tonnes of carbon credits were sold on June 14 at an auction organized by the Regional Voluntary Carbon Market Co. in the Kenyan capital Nairobi, the Saudi firm said.
"Today's auction beat the record set by the previous voluntary carbon credit auction in October 2022, where 1.4 million tonnes of carbon credits were sold," according to the news release from the company.
16 Saudi and international firms participated in the auction, with Aramco, Saudi Electricity Co. and sustainable energy company Enowa buying largest number of credits.
