In Islamabad experts at a consultative workshop urged the government to build indigenous capacity and bring the private sector into a robust carbon trading framework to tap emerging climate finance opportunities under Article 6.<\/p>\n
The event, organised by the Sustainable Development Policy Institute in partnership with the Pakistan German Climate and Energy Partnership, highlighted that Pakistan\u2019s carbon markets policy is still evolving and that stakeholder feedback will be vital to refine implementation and plug operational gaps.<\/p>\n
Dr Abid Qaiyum Suleri<\/strong> noted that global geopolitical shifts and recent energy disruptions in the Middle East might slow carbon market momentum temporarily but also create a window to strengthen accounting systems, improve MRV frameworks, and prepare high\u2011quality mitigation projects. He urged that the transition period be used to improve reporting systems and build a stronger project pipeline.<\/p>\n Ayhan Mustafa Bhutto<\/strong>, Special Secretary at the Sindh Environment Climate Change and Coastal Development Department, outlined provincial mitigation initiatives including mangrove restoration benefiting around 5,000 households, wind-energy installations, shrimp farming, riverine afforestation, methane recovery from cattle dung, and improved cookstove programmes submitted for consideration under carbon-credit frameworks. He recommended developing indigenous third\u2011party monitoring and verification to lower project costs and called for tighter coordination between the Ministry of Climate Change and private stakeholders to ensure practical legislation.<\/p>\n Zainab Naeem<\/strong> emphasised that environmental integrity must remain central to Article 6 mechanisms, particularly in voluntary carbon markets where greenwashing concerns persist. She stressed the need for strong accounting frameworks and transparent authorisation systems so that carbon markets deliver equitable benefits, lower mitigation costs, and mobilise private investment in climate\u2011friendly technologies and SMEs.<\/p>\n Hammad Bashir<\/strong> highlighted that carbon credit financing can make otherwise unviable projects feasible, citing waste\u2011heat recovery in cement plants as an example. He said the government is prioritising forestry and waste\u2011management sectors for their mitigation potential and indicated carbon trading efforts will target half of Pakistan\u2019s conditional NDC commitments. He also noted that voluntary markets are not directly regulated by government while compliance markets function under defined rules and may see upward price pressure globally.<\/p>\n Ahsan Kamran<\/strong> explained the operational differences between Article 6 modalities: bilateral adjustments under Article 6.2 and the UN\u2011supervised global crediting mechanism under Article 6.4. He observed that more than 100 bilateral agreements are in motion and identified leading buyers in Europe, Singapore and South Korea. Singapore\u2019s policy allowing companies to offset a share of taxable emissions creates potential demand for Pakistani suppliers. He pointed to promising project types for Pakistan such as transport electrification supported by solarised charging, battery\u2011integrated rooftop solar, waste\u2011to\u2011energy systems and improved cookstove distribution, while cautioning that EV charging on fossil\u2011fuel electricity can erode net gains.<\/p>\n Speakers agreed that sustained stakeholder dialogue, strengthened MRV and accounting systems, indigenous third\u2011party verification capacity and active private sector engagement are essential for Pakistan to seize carbon markets opportunities under Article 6 and align climate action with socio\u2011economic benefits.<\/p>\n","protected":false},"excerpt":{"rendered":" Experts urge building indigenous capacity and private sector engagement to boost Pakistan carbon markets and Article 6 readiness for climate finance.<\/p>\n","protected":false},"author":7,"featured_media":17877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[],"class_list":["post-17878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan"],"_links":{"self":[{"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/posts\/17878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/comments?post=17878"}],"version-history":[{"count":0,"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/posts\/17878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/media\/17877"}],"wp:attachment":[{"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/media?parent=17878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/categories?post=17878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.peakpoint.pk\/en\/wp-json\/wp\/v2\/tags?post=17878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}