Centre allows Sindh to earn $200m through carbon credits

ISLAMABAD: In the abs­ence of an approved policy, the federal government has allowed Sindh to earn $200-220 million (abo­ut Rs57-63 billion) of carbon credits over the next two decades for its efforts to expand mangrove forests under Pakis­tan’s commitments for unconditional contribution to a global drive for reducing greenhouse gas emissions. In 2021, the Ministry of Climate Change submitted the nationally determ­ined contributions (NDC) to … Continue reading Centre allows Sindh to earn $200m through carbon credits