Voluntary Carbon Markets

Project overview

A project initiated by the Ministry of Climate Change and Environmental Coordination aims to guide the establishment of a transparent, verifiable, and environmentally robust Voluntary Carbon Market (VCM) that delivers the country’s NDC commitments and targets of sustainable development. The project shall guide the establishment of a conducive governing regime to provide regulatory and political certainty to VCM transactions and establish a digital trade infrastructure to deliver greater transparency, efficiency, and risk mitigation for buyers and sellers. Another gap in the context of Pakistan exists in the familiarity of stakeholders and capacity building approaches on VCM standards and the structure of carbon credits, and it is required to scale up the participation in VCM.

Service

Consultancy

Client

MoCC & EC

Region

Pakistan / Asia