CDM Pakistan


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News

Pakistan granted Host Country Approval to twenty five (25) CDM projects.

Eight (08) CDM Projects from Pakistan registered with CDM Executive Board.

A Delegation of 14 Pakistani Members Attented the CDM Training Workshop at Beijing China from 29th November to 6th December 2009.

The project proponent has to inform the Designated National Authority (DNA) before starting the CDM Project activity, with reference to the Executive Board 41 Report,Annex 46 "Guideance on the demonstration and assessment of prior consideration of the CDM."

Ministry of Environment signs Memorandum of Understanding regarding mutual cooperation for promoting CDM in Pakistan with Japan Bank for International Cooperation- July 2008.

Government of Pakistan is spending Rs. 38.94 million for the promotion of Clean Development Mechanism in Pakistan.

World Bank is assisting Government of Pakistan in building capacities for implementation of Carbon Finance in Pakistan under Japanese PHRD Grant worth US$ 0.57 million.

Norwegians will provide US$ 0.674 million through UNIDO to build institutional capacities in Pakistan for addressing climate change and promotion of CDM.

No CDM Project is available for Public Comments.

Ministry of Environment, Government of Pakistan is the Designated National Authority for Clean Development Mechanism in Pakistan

Benefits of CDM for Pakistan.

CDM projects provide opportunity for accessing "additional" financing for local sustainable development priorities in the country and as such has potential of "catalyzing" large Foreign Direct Investment (FDI) flows. CDM projects are being used as instrument for "appropriate" and "environment friendly" technology transfer; CDM projects helps in addressing local environmental issues - (air / water pollution, solid waste management, enhancement management, etc.); CDM projects are effective instrument for environment friendly alternate energy production; CDM projects held creating jobs and building of local capacities and other sustainable development aspects of national economy; CDM projects help making investments financial viability and can increase project's Internal Rate of Returns (IRRs) up to 50%;