**Karachi** — In a concerted effort to strengthen Pakistan’s climate governance and finance mechanisms, Mr. Syed Bulent Sohail, Managing Partner at Sohail & Partners, LLP, and Ms. Raima Mehmood, Policy & Research Coordinator at Transparency International Pakistan, jointly conducted a session focused on the architecture of carbon markets in the country. The session was part of a capacity building training program aimed at government officials, designed to enhance institutional capability in effective climate budgeting and policy implementation.
The training, titled “Building Institutional Capacity for Effective Climate Budgeting, Climate Finance Transparency & Policy Implementation,” brought together public sector participants in Karachi. The session on carbon market architecture delved into the potential for establishing and regulating emissions trading systems and market-based solutions for reducing Pakistan’s carbon footprint.
Speakers emphasized the significance of transparent climate finance frameworks and the importance of robust policies for channeling investments into climate mitigation and adaptation initiatives. They highlighted that adopting effective carbon market architecture could facilitate compliance with international climate commitments and unlock new avenues for green finance in Pakistan.
Participants engaged in discussions on global best practices in carbon trading, regulatory challenges, and the need for cross-sector collaboration to operationalize market-based climate solutions. The event underscored that institutional capacity building remains crucial for ensuring the country’s successful transition towards a low-carbon, climate-resilient future.
