Islamabad (October 13, 2025) - Federal Minister for Climate Change and Environmental Coordination, Senator Dr. Musadik Malik, presided over a meeting to discuss measures for advancing shared goals to strengthen Pakistan’s carbon market rules, pricing mechanisms, and governance frameworks under the Supporting Preparedness for Article 6 Cooperation (SPAR6C) programme.

The meeting was attended by senior officials of the Ministry and Ms. Helene Paust, Deputy Head of Cooperation at the Embassy of the Federal Republic of Germany in Islamabad and representatives from the Global Green Growth Institute (GGGI) and the UNEP-CCC under the SPAR6C Programme funded by German Federal Government. 

Participants also discussed at length Pakistan’s transition from readiness to implementation in developing a transparent, credible and high-integrity carbon market aligned with global standards.

Meanwhile, Dr. Musadik Malik remarked, “Carbon markets are not just about trading credits, they’re about valuing climate action fairly and ensuring that every ton reduced translates into real benefits for our people and our economy.”

The collaboration under the SPAR6C programme aims to support Pakistan in mobilising climate finance, fostering innovation, and achieving its nationally determined contributions (NDCs) through sustainable market-based mechanisms.

Efforts Discussed to Strengthen Carbon Market Governance, Pricing Frameworks under SPAR6C Initiative.

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For official communication or media-related inquiries, please contact: Muhammad Saleem Shaikh, Deputy Director (Media and Communication) Ministry of Climate Change and Environmental Coordination, Government of Pakistan at email:  dd.media@mocc.gov.pk