Research output, Policy brief,
The Gulf Carbon Market Blueprint
A policy brief based on agent-based modelling of carbon market design options for Gulf states.
All six GCC states now look to Article 6, but their climate targets, rules and market setup differ widely. This briefing maps where Saudi Arabia, the UAE, Qatar, Kuwait, Oman and Bahrain stand, explains each state’s options to buy credits, sell them or do both, and sets out six building blocks for a fair, open Gulf carbon market. The region could need about 470 million tonnes of international credits a year by 2050.
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