Pakistan eyes carbon markets to plug climate finance gap

BAKU: As it requires $348 billion by 2030 for its climate-resilient projects, Pakistan’s climate minister Romina Khurshid Alam announced the launch of its carbon market policy on Saturday to attract “green investments” and achieve “environmental sustainability” on the sidelines of COP29 in Baku.

Speaking at a session at the Pakistan Pavilion, the prime minister’s climate aide said the country was ready to collaborate with local and international stakeholders for the development of carbon...