Hydrogen 2020 PCG

Design options and methodological principles for a domestic carbon credit mechanism in the Kingdom of Saudi Arabia

Delivered for Kingdom of Saudi Arabia (KSA).

The assignment

The objective of this project was to support the Kingdom of Saudi Arabia in exploring and specifying options for designing a domestic baseline and a credit carbon mechanism that can create emission reduction credits for a domestic market and eventually Art 6 credits for international activities. The proposed mechanisms were aligned with the NDC of Saudi Arabia. both structurally and with regards to quantitaive contributions. Furthermore, Perspectives Climate Group supported the Kingdom of Saudi Arabia in proposing a rule-set for the generation of emissions reduction credits under the potential Saudi scheme and designed a pilot phase of the baseline and credit mechanism for a selected group of participants.

The team behind it
Client Kingdom of Saudi Arabia (KSA)
Timeline Dec 2020 to Jun 2021
Location Saudi Arabia
Field Hydrogen
Entity Perspectives Climate Group
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