Database / Saudi Arabia / 2024

Circular Carbon Economy (CCE) National Program

Strategic Active Verified

The Saudi Circular Carbon Economy (CCE) National Program framework, strengthened in 2024, establishes the Kingdom’s regulatory path for the Jubail CCS Hub. It integrates the Green Financing Framework for CCUS funding and the GCOM (GHG Crediting and Offsetting Mechanism) for carbon monetization. The Ministry of Energy manages pore space as a state asset via concessions.

National Governance Context

Saudi Arabia Overview

Aggregate National Maturity Index (Peak Strength)

Governed Policies

3

Identified Projects

7

Operational Cap 0.8 Mtpa
Under Construction Cap 15.0 Mtpa
Planned Cap 5.4 Mtpa

Related Policy Network

Directly Linked Assets