KARACHI: Speakers at a session held on Thursday emphasised the need to identify projects capable of attracting global climate and carbon finance, while contributing to sustainable economic growth in the province.
The event titled “Potential of Carbon Market and Water-Energy-Food (WEF) Nexus Project Opportunities in Sindh” was organised by the Sindh Environment, Climate Change and Coastal Development Department at a local hotel.
The session explored opportunities for developing investment-ready projects in carbon markets, climate finance and the Water-Energy-Food (WEF) Nexus, with discussions focusing on environmental sustainability, efficient resource management and international financing mechanisms.
The participants agreed on the need to identify projects capable of attracting global climate and carbon finance while supporting environmental protection, improving water and energy efficiency, strengthening agriculture, creating employment opportunities and contributing to sustainable economic growth in Sindh.
Addressing the gathering, Adviser to the Chief Minister on Environment, Climate Change and Coastal Development Dost Muhammad Rahimoon said climate change had evolved beyond an environmental concern and had become a challenge affecting economic growth, food security, water resources and energy sustainability.
He said Sindh currently had 13 environment-related projects, including mangrove restoration, wind energy, biogas, clean cooking technologies, safe drinking water and electric mobility initiatives.
“These projects would help reduce carbon emissions and position Sindh to benefit from international carbon markets and climate finance,” he said, adding that the province had significant potential to develop projects capable of generating employment, attracting investment and supporting long-term sustainable economic growth.
Environment secretary Faisal Uqaili said the Sindh government was implementing Pakistan’s commitments under the Paris Agreement through the Nationally Determined Contributions (NDC 3.0).
“Efforts are underway to identify bankable projects eligible for international climate and carbon financing,” he said, adding that the world had committed to reducing carbon emissions by 50 per cent by 2030.
He stressed that carbon markets had emerged as an important source of investment and urged industries to adopt cleaner technologies to benefit from these opportunities.
Executive Director of the Directorate of Climate Change and Carbon Finance Syed Imdad Shah said carbon trading operated under internationally recognised standards through national registries, allowing carbon credits to be traded in global markets.
Published in Dawn, August 7th, 2026