• News 23 May 2025 Malawi Charts a Greener Financial Future In a move that could serve as a model for climate-vulnerable nations across Africa, the Reserve Bank of Malawi (RBM) has responded to the climate crisis by expanding its role in greening the financial sector. The initiative, supported by the UNEP Copenhagen Climate Centre and funded by the NDC Partnership, culminated in the release of a feasibility study and internal roadmap that lay out a phased, actionable plan for accounting for climate-related financial risk in…
• Event 7 April 2025 Article 6 Capacity Building for Industrial Partners in Pakistan Article 6 carbon markets offer climate mitigation and sustainable development opportunities, but technical readiness remains a challenge. Readiness includes policies, infrastructure, and systems to enable transparent carbon credit trading. The Supporting Preparedness in Article 6 Cooperation (SPAR6C) webinar series and its supporting materials will facilitate a sector-focused discussion about international carbon markets and Article 6, including national policies and strategies, project…
• News 21 February 2025 Article 6 carbon market pilot project in Lahore landfill To support the development of a pipeline of feasible projects in Pakistan for Article 6 carbon markets, the Supporting Preparedness for Article 6 Cooperation (SPAR6C) programme has announced its intention to provide technical assistance to the Lakhodair Landfill in Punjab province of Pakistan. The announcement was made as part of a visit from representatives of SPAR6C’s donor agency, the German Federal Ministry for Economic Affairs and Climate Action (BMWK) on 21st February 2025. The…
• News 18 February 2025 Pakistan and Germany hold high-level meeting for carbon market strengthening Prominent government leaders from Pakistan and Germany met during a high-level bilateral meeting organized at the Ministry of Climate Change and Environmental Coordination (MoCC&EC), to discuss shared goals for strengthening Pakistan’s carbon market rules and regulations, policies, integrity and infrastructure. This bilateral meeting was held under the patronage of Secretary (In charge) MoCC&EC, Ms. Aisha Humaera, who stated that she hopes that the technical expertise and capacity…
• News 17 February 2025 Mutual Learning Programme fosters collaboration and confidence among Eurasia, Central Asia and Caucasus networks At the end of 2024 all parties to the Paris Agreement were required to submit their first Biennial Transparency Report (BTR), detailing their progress towards the mitigation ambitions outlined in their Nationally Determined Contributions (NDCs). As technically complex documents requiring accurate and consistent data reporting many developing countries face human and technical capacity constraints and no previous experience in compiling and submitting their first BTRs. Recognising the need for…
• News 17 February 2025 Diverse support modalities bring rewards for climate transparency cooperation  As of December 31, 2024, 46 countries submitted their BTRs with direct CBIT-GSP support, ranging from hands-on guidance for all elements of the BTR, to quality checks prior to submission. Many more countries benefited from other CBIT-GSP support modalities including regional in-person trainings, online workshops and ample webinars, primarily delivered through its ten Transparency Networks, two of which are implemented with the support of UNDP. Transparency Networks are geographic and linguistic…
• News 17 January 2025 Pakistan publishes carbon market guidelines The Government of Pakistan has approved the country’s Policy Guidelines for Trading in Carbon Markets, establishing the framework for leveraging carbon market finance to advance its climate commitments under the Paris Agreement. The new guidelines aim to establish a clear regulatory framework for governing both voluntary and compliance carbon market activities in Pakistan, following international best practices. Read the new Carbon Market Policy Guidelines here. The guidelines were developed…
• 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…

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