WHERE WE WORK
Country level
The UNEP CCC provides tailored assistance to nations striving for sustainable development. This initiative focuses on enhancing environmental policies, promoting green technologies, and fostering collaboration among diverse stakeholders. By leveraging local expertise and resources, we empower countries to tackle climate challenges effectively and build resilient communities. Our mission is to equip every nation with the essential tools and guidance needed to thrive in a rapidly changing world, ensuring a sustainable future for all.
Municipal level
The recent gathering, led by the Federal Minister for Climate Action, focused on the pivotal shift of Pakistan towards launching its carbon market. Key discussions revolved around fair distribution of carbon revenue and clear fee structures for credible carbon credits as the government initiates mitigation projects.
"Carbon markets hold the potential to significantly advance Pakistan’s climate objectives and align with the 1.5°C goal set by the Paris Agreement," stated Senator Dr. Musadik Malik. "To harness this opportunity, our framework must be transparent, competitive, and appealing to investors, ensuring that the generated revenue is reinvested into sustainable development initiatives within the country. Pakistan is dedicated to formulating a thorough strategy to foster the growth of a high-integrity carbon market."
Ms. Aisha Humera Chaudhary, Secretary of MoCC&EC, reiterated the Government’s pledge towards strengthening institutions and aligning regulations:
"The carbon market framework is entering a crucial stage where Pakistan will start granting approvals for projects under Article 6. It is essential to establish strong governance systems to maintain environmental integrity while ensuring that the economic advantages of carbon trading benefit both national entities and local communities," remarked Ms. Chaudhary.
Private sector
During the meeting, Mr. Urwah Khan, representing UNEP Copenhagen Climate Centre, reiterated SPAR6C’s commitment to structured capacity-building efforts and continued technical support to assist Pakistan in piloting Article 6 transactions. These pilot activities will enable greater private-sector participation and unlock new opportunities for climate-aligned investment in Pakistan.
Mr. Manuel Möller, Global Project Manager for SPAR6C at GGGI, emphasized that this stage of collaboration represents a crucial milestone in Pakistan’s transition from readiness to implementation:
“SPAR6C supports the development of carbon markets in Pakistan in a holistic manner – from policy design to implementation. This includes assistance in the definition of appropriate benefit-sharing arrangements as well as clear and transparent fee structures. Both are crucial to ensure investor confidence and national benefit,” said Manuel Möller.
Access to finance
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