Significance of carbon trading highlighted

LAHORE:The Project Coordination Unit (PCU) of the Punjab Green Development Programme (PCU) arranged a consultative session with the theme ‘Understanding Project Cycle for moving into Carbon Markets’ in collaboration with REMIT (Revenue Mobilisation, Investment and Trade), at AKS Auditorium, P&D Board. Planning & Development Board Chairman Iftikhar Ali Sahoo presided over the session. He emphasised the significance of carbon trading, particularly for key areas such as urban development, forestry, environment, transport, and energy.

He also stressed the need to create a road map in order to meet the goals. FCDO funded REMIT Project Head, Hamed Yaqoob Sheikh, talked about REMIT objectives by strengthening macroeconomic stability and improving conditions for high and sustained inclusive growth. National Disaster Risk Management Fund CEO Bilal Anwar, provided an enlightening discourse on the positive outcomes of carbon marketing.