Germany supports Pakistan in developing carbon project for NDC implementation

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MG News | February 19, 2025 at 10:17 AM GMT+05:00

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February 19, 2025 (MLN): The technical expertise and capacity-building support provided by the German government will help establish a robust carbon project in Pakistan with high environmental integrity, supporting NDC implementation and benefiting communities.

This was stated by the Secretary of the Ministry of Climate Change and Environmental Coordination (MoCC&EC), Aisha Humaera Moariani, during a meeting of prominent government leaders from Pakistan and Germany, organized at MoCC&EC.

The meeting discussed shared goals for strengthening Pakistan’s carbon market rules and regulations, policies, integrity, and infrastructure, according to a press release issued from the ministry, according to the press release issued.

"I look eagerly forward to Pakistan’s first carbon market transaction and signing bilateral agreements with at least two counties for Article 6 cooperation this year as it is a priority for the Ministry of Climate Change to leverage climate financing," Aisha Humera remarked.

As a leading global advocate for the scaling up of carbon markets, the German Federal Ministry for Economic Affairs and Climate Action (BMWK) has supported the implementation of Article 6 of the Paris Agreement in Pakistan.

This support is provided through the Supporting Preparedness for Article 6 Cooperation (SPAR6C) program.

SPAR6C has assisted the Government of Pakistan in the development of carbon market guidelines by providing expertise, capacity building, and technical reviews.

The program is led by the Global Green Growth Institute (GGGI), with implementation in Pakistan led by UNEP Copenhagen Climate Centre and supported by GFA Consulting Group.

“Germany is supporting Pakistan in building a high-integrity carbon market under Article 6, ensuring a strong foundation for market-based climate action", Grannas said.

Through the SPAR6C program, we are strengthening institutional capacity, refining regulatory frameworks, and advancing technical expertise to enhance Pakistan’s preparedness for international carbon transactions,” Grannas added.

Experts from BMWK and the SPAR6C program are visiting Pakistan to undertake a series of strategic and technical discussions increasing the visibility and awareness of opportunities through Article 6 carbon markets and the SPAR6C program in Pakistan.

“This collaboration through the SPAR6C program establishes a strong foundation for attracting investments and scaling up carbon finance,” said Thomas Forth, Senior Expert, BMWK.

“This will position Pakistan to effectively leverage market-based solutions for long-term emissions reductions and sustainable growth", he added.

SPAR6C is helping develop a pipeline of viable carbon market projects, such as the Lakhodair Landfill Project in Punjab. Additionally, support for establishing bilateral agreements for transactions with purchasing countries was also discussed.

This was followed by a high-level discussion on policy integration and implementation strategies for carbon markets.

“GGGI is pleased to be able to support across the full spectrum of carbon market implementation, from readiness under SPAR6C to facilitating bilateral cooperation through the Carbon Transaction Facility", said Marshall Brown, Programme Manager, GGGI.

We are looking forward to working closely with the government of Pakistan on developing a pipeline of carbon projects that can attract co-benefits,” Marshall Brown noted.

The target audience for the visit of the delegation is Pakistani private and government institutions at the federal and provincial levels seeking to participate in cooperative approaches under Article 6.

 Xianli Zhu, Senior Expert, UNEP-CCC, commented that in order to foster a conducive environment for carbon market knowledge and expertise, the SPAR6C program has worked on various toolboxes, guides, sectoral reports, and mentorship programs in Pakistan.

The bilateral meeting will be followed by several other meetings during the visit.

These meetings will involve the Federal and Provincial Governments to deliberate on interprovincial coordination and strategic priorities for Article 6 implementation under the SPAR6C Program.

Copyright Mettis Link News

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