Seminar on resilience against climate change impacts held

Islamabad: In order to engage effectively with the private sector and other relevant stakeholders to further enhance its efforts of resilience-building against natural disasters and long-term climate change adverse impacts, the National Disaster Risk Management Fund (NDRMF) organised a seminar.

The seminar, titled ‘Leveraging Carbon Markets to enable Private Investment," addressed critical topics such as the current state of climate change in Pakistan, the understanding of carbon markets, major challenges, Road map for future and the opportunities they present for the Private Sector. By identifying potential sectors for carbon trading and exploring the role of the Private Sector, the event aims to bridge the gap in understanding the challenges, barriers, and international collaborations in the realm of carbon markets.

The seminar invited participation from a diverse audience, including the Private Sector, Government officials, UN agencies, Project Developers, Industry leaders, Environmental organizations, Academics, and Climate change enthusiasts. Besides speeches, panel discussions were also organized on the topics of “Climate Change & Carbon Marketing” and “Carbon Market Potentials for Private Sector” in which representatives of national and international development sector organizations, Corporate Sector Organizations and Business owners.

Bilal Anwar, CEO NDRMF, said “The overarching objective of the seminar is to build understanding within the Private Sector regarding Carbon Markets, exploring their potential role, and devising a roadmap for timely engagement ultimately leading towards protection against adverse impacts of climate change”.