The 2nd OICCI ESG-focused workshop on '𝗖𝗮𝗿𝗯𝗼𝗻 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗳𝗼𝗿 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗚𝗿𝗼𝘄𝘁𝗵' underscored the benefits, opportunities, and risks for the private sector in Pakistan. The workshop aimed to enhance the understanding of carbon trading and its impact on a sustainable future for the country.

Kirthisri Wijeweera, Senior Advisor, Finance for Development, Sustainable Finance Hub, UNDP, discussed carbon pricing and shared international experiences with carbon taxes.

Shahbano Khan, Finance for Development & Gender Expert, SDG Investments & Climate Finance Facility, UNDP Pakistan, highlighted the necessity of channeling more private financing into climate change through establishing carbon markets to attract investments in Pakistan.

Hamid Rasheed, Climate Financing Expert, SDG Investments & Climate Finance Facility, UNDP Pakistan, explained the emission trading system and its technical aspects.

Hasan Anwer, Program Director and Lead, Climate & Sustainability Services, Pakistan Environment Trust explored carbon pathways specific to Pakistan.

𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: ▶ 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗦𝗲𝗰𝘁𝗼𝗿: Increased demand for new green technologies and solutions, regulatory compliance advantages and potential to mobilize investments from ESG-focused investors. ▶𝗖𝗮𝗿𝗯𝗼𝗻 𝗣𝗿𝗶𝗰𝗶𝗻𝗴: Identified as a powerful tool to steer economies toward low-emission pathways. ▶𝗖𝗮𝗿𝗯𝗼𝗻 𝗖𝗿𝗲𝗱𝗶𝘁𝘀: Pakistan has been issued 22 million carbon credits to date, highlighting its potential in the carbon market. Andrew Bailey M Abdul Aleem Kashif Shafi Mariam Durrani Moin Iqbal Rehman Yousuf Syeda Faiza Jamil