ENGIE participates in largest-ever auction of carbon credits ...United Arab Emirates

ENGIE, the global low-carbon energy company, has said that it has participated in the largest-ever auction of carbon credits held during the Future Investment Initiative (FII), which was organised by the Regional Voluntary Carbon Market Company. In a statement, ENGIE said that its ENGIE GEMS entity traded a total of 483,100 carbon credits to the Regional Voluntary Carbon Market Company for the auction. This was the largest single contribution to the 1.4 million carbon credits that were sold in the auction – which was the largest-ever auction of its kind. Riham ElGizy, Director of VCM Initiative, said: “Dedicated to supporting the investment and innovation needed to deliver necessary climate

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