Pakistan
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- Publication 10 December 2024 Analysis of success stories from implemented Technology Action Plans (TAPs) Over time and through an iterative process, collective learnings and practical insights from the global- and country- level work on TNAs have informed and enriched the TNA methodology, including through growing guidance3 available to countries and implementation actors. Today, the TNA process has evolved into a step-by-step process that goes beyond technology needs and is geared towards enabling technology implementation and demonstrating technology viability, with a view to closing the gap…
- News 6 December 2024 Interagency collaboration strengthening Pakistan's carbon markets and climate goals Pakistan is currently developing its Nationally Determined Contributions (NDC) 3.0 under the Paris Agreement. UNEP Copenhagen Climate Centre is joining the efforts in advancing Pakistan’s climate commitments by supporting the development of the "Carbon Markets" section in the NDC. This effort is part of the broader UNDP-led Climate Promise II initiative, which supports Pakistan's Ministry of Climate Change and Environmental Coordination (MoCC&EC). High-integrity carbon markets UNEP…
- News 26 November 2024 SPAR6C Supports Pakistan in Launching Carbon Market Policy Guidelines at COP29, Baku The opening day of COP29 in Baku saw a landmark breakthrough for the proliferation of carbon markets, with the approval of standards for the Paris Agreement Crediting Mechanism (PACM), key to implementation of Article 6.4. This represents a critical step towards concluding Article 6 negotiations. Nearly 200 governments agreed on the framework that sets up a centralized global mechanism with clear rules and procedures for countries and companies involved in carbon credit transactions. Article 6…
- News 13 November 2024 Academia as an Important Stakeholder in Pakistan’s Carbon Market The integral role that academia can play in the implementation of carbon markets in Pakistan was discussed during the National Meeting of the Community of Practice for Article 6 Implementing Countries (COP-ASIC) on 1st November at Ramada Hotel, Islamabad. Article 6 of the Paris Agreement 2015 is designed to enable countries to cooperate with each other to achieve ambitious mitigation targets through market-based approaches. This includes the use of carbon trading. Under Article 6, a country can…
- News 8 October 2024 Boosting Pakistan’s Climate Finance: Government Officials Receive Carbon Market Training As signatories to the Paris Agreement have to fulfill their international pledges in their Nationally Determined Contributions by 2030, it is imperative that all policy and financing instruments and international cooperation opportunities be utilized effectively and timely. Pakistan has set an ambitious target of an overall 50% reduction of its projected emissions by 2030, with a 15% reduction from the country's own resources and another 35% reduction conditional to the provision of…
- News 16 May 2024 Unlocking carbon finance to decarbonize cement and waste sectors in Pakistan Pakistan is advancing carbon finance efforts under the Paris Agreement's Article 6 through the Supporting Preparedness for Article 6 Cooperation (SPAR6C) programme. A recent mission and series of bilateral meetings and workshops organized by SPAR6C and led by a multidisciplinary team of experts from the UNEP Copenhagen Climate Centre and GFA Consulting have garnered significant momentum. The mission, spanning from 16 to 30 April, aimed to strengthen strategic collaborations with provincial…
- News 7 March 2024 First cohort of graduate students begins carbon market mentorship programme Eight students from Colombia, Pakistan, Thailand and Zambia have joined a newly created mentorship programme on carbon markets as part of the Supporting Preparedness for Article 6 Cooperation (SPAR6C) programme. Through the mentorship programme, the eight graduate students, two from each participating country (Colombia, Pakistan, Thailand, and Zambia), have the opportunity to work with international experts and learn to apply Article 6 of the Paris Agreement to themes in their masters’ research…
- News 6 March 2024 1.8 billion dollars in climate investments informed by Technology Needs Assessments More than 1.8 billion dollars have been invested in climate technology in projects informed by the global Technology Needs Assessment (TNA) project. The investments, a total of 1,839,101,175 USD, cover funding and co-financing from the Green Climate Fund and the Global Environment Facility for projects and technologies that are prioritized or highlighted in national TNAs or Technology Action Plans (TAPs) developed under the Global TNA project. The funding figures show that TNAs and TAPs have a…