Sequest Partners with the Regional Voluntary Carbon Market Company
Sequest is proud to announce a strategic partnership with the Regional Voluntary Carbon Market Company (VCM) in Saudi Arabia, where Sequest’s initial projects will be deployed. Through the partnership, Sequest’s carbon credits sold in the Kingdom will be offered exclusively through VCM’s exchange. The partnership was formalized on February 4, 2026, at the Capital Markets Forum Select Conference in New York.
"We are delighted to partner with the Regional Voluntary Carbon Market Company, whose leadership is catalyzing investment and growing demand to establish Saudi Arabia as a leading hub for voluntary carbon markets,” said Gary Ganz, CEO and Co-Founder of Sequest. “We look forward to collaborating with the VCM to support the continued growth of the Saudi market and, through our operations, deliver industrial-scale, durable carbon removals in the Saudi Arabia."
VCM launched Saudi Arabia’s first voluntary carbon credit exchange platform in November 2024. Since its launch, more than 10 million credits have been traded, and the Kingdom now ranks among the top three voluntary carbon markets globally.
Fadi Saadeh, Acting Chief Executive Officer and Head of Technology of VCM, said, “Our partnership with Sequest reflects growing international confidence in Saudi Arabia’s approach to building a high-integrity voluntary carbon market. By welcoming leading North American companies across carbon accounting, removal technologies, and project development, we are deepening global participation in our exchange and expanding access to credible climate solutions for the region.”
This partnership positions Sequest to accelerate the development of pioneering, low-cost, durable, industrial-scale carbon removal projects in Saudi Arabia.
Full announcement here.
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About the Regional Voluntary Carbon Market (VCM) Company.
Founded in October 2022 by the Public Investment Fund (PIF) and the Saudi Tadawul Group, VCM is building a high-integrity voluntary carbon market that delivers global impact. We connect businesses, governments, and innovators with verified climate solutions that reduce emissions and improve livelihoods, especially across the Global South.
About Sequest
Sequest is pioneering industrial-scale, low-cost, durable carbon removal. We close the carbon market’s delivery gap with high-integrity removals delivered in-quarter. Deployments begin in Saudi Arabia, with expansion to follow.