InfraZamin Pakistan and Pakistan Environment Trust Join Forces to Combat Climate Change

InfraZamin Pakistan (IZP) and Pakistan Environment Trust (PET) have joined forces to tackle Pakistan’s environmental challenges. Through their recently signed MoU on April 26th, 2024, both organizations aim to identify, evaluate, and execute projects focused on reducing greenhouse gas emissions and promoting sustainable development, with a specific objective to assess, verify, and monetize carbon credits.

Key Initiatives:

• PET is spearheading the establishment of a nature-based fund for forestation projects and a Net Zero Pakistan (NZP) fund to drive decarbonization initiatives.
• IZP pledges support by providing project guarantees and expediting investment rounds.
• Both parties will collaborate on securing funding and technical assistance to streamline project implementation, including carbon credit monetization.

The partnership between IZP and PET marks a significant milestone in Pakistan’s fight against climate change and monetization of carbon credits. Together, they are committed to catalyzing meaningful progress and nurturing a more sustainable future for the nation.