- FII Institute partnered with the Voluntary Carbon Market (VCM), the MENA region’s first platform by PIF and Saudi Tadawul.
- The partnership will speed up high-integrity carbon credit markets by linking global buyers and suppliers.
- Together, FII and VCM position carbon markets as key to achieving net zero and green economic diversification in line with Vision 2030.
RIYADH, Saudi Arabia, October 23, 2025 – The Future Investment Initiative (FII) Institute, a global nonprofit foundation with an investment arm, is announcing a strategic partnership with the Voluntary Carbon Market (VCM), the first platform of its kind in the MENA region established by the Public Investment Fund (PIF) and Saudi Tadawul Group (STG). The partnership comes ahead of the 9th edition of the FII Institute flagship conference (FII9) in Riyadh from October 27–30, 2025, where global leaders from government, business, and academia will gather under the theme “The Key to Prosperity: Unlocking New Frontiers of Growth.”
Richard Attias, Chairman of the Executive Committee and Acting CEO of FII Institute, said: “Carbon markets are essential for bridging the gap between today’s emissions and tomorrow’s net zero goals. Together with the Voluntary Carbon Market (VCM), we will work to unlock capital into projects that restore ecosystems, create jobs, and build new industries.”
Fadi Saadeh, Acting CEO of the Regional Voluntary Carbon Market Company, added: “Our partnership with the FII Institute will bring the global spotlight to the Kingdom’s ambition and leadership towards meaningful climate action. Through this partnership, we will engage international stakeholders in scaling voluntary carbon markets and unlocking new opportunities for climate finance.”
The partnership will accelerate the growth of high-integrity carbon credit markets by connecting global buyers and suppliers and mobilizing investment in projects that reduce, remove, and offset emissions. By combining VCM’s role as a regional hub with FII Institute’s global convening power, the collaboration highlights carbon markets as critical tools for achieving net zero while driving green economic diversification in line with Saudi Vision 2030.
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