Pakistan launches national carbon market policy to boost green investments and reduce emissions.

Pakistan has launched its first National Carbon Market Policy, aimed at attracting green investments and transitioning to a low-carbon economy. This policy will incentivize businesses to adopt cleaner technologies by participating in carbon markets, which trade credits for reduced greenhouse gas emissions. The move aligns with Pakistan's commitment to the Paris Agreement and aims to accelerate the deployment of clean technologies and attract investments in sectors like energy and agriculture. The policy sets a regulatory framework for voluntary and compliance carbon markets, following international standards.

November 16, 2024
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