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

 

   Memorandum of Understanding (MoU) has signed between Ministry of Environment and    Japan Bank for International Cooperation on Mutual Understanding.

 

   Background.
 
Ministry of Environment has signed a Memorandum of Understanding (MoU) on CDM with Japan Carbon Finance Ltd through Japan Bank for International Cooperation on 7th July 2008. The MoU aims at mutual cooperation to promote Clean Development Mechanism in Pakistan.

 

 Objectives of MoU.
 

The objective of this Memorandum of Understanding (MoU) is to facilitate Japanese investors and Japan Carbon Fund (JCF), to purchase Certified Emission Reductions (CERs) from investment in Clean Development (CDM) projects in Pakistan, through the Japan Bank for International Cooperation (JBIC). The MoU enables Pakistan to consult JBIC for exchanging information for promotion of projects under the CDM.

 

 Activities Envisaged in MoU.
 

JCF and JBIC will cooperate with Ministry of Environment in development of domestic institutional capacities to enable Pakistan to develop, manage and monitor CDM projects and will promote the development and transfer of environment friendly technologies to Pakistan, in order to provide maximum environmental benefits while complementing the social, economic and technical settings in the country.

 

 Expected Benefits.
 

Signing of this MoU is expected to promote investment from Japan in carbon finance activities in Pakistan in priority areas of energy, rural electrification and forestry etc. That will help in promotion of CDM process in Pakistan.

 
JBIC will undertake measures to enhance the value of Certified Emission Reductions that are generated through Japanese financing, by reducing risk through market- based approaches (e.g. portfolios, insurance and guarantees) so that reasonable returns can be secured and a secure carbon market is developed in Pakistan.