The Government of Sindh (GoS) through Forest Department and with the assistance of PPP Unit Sindh, intends to undertake a mega project namely “Reduction of Carbon Emissions through Forestation Project” under PPP modality. Through this project, the forestation on approximately one hundred thousand (100,000/-) acres of riverine forest would be undertaken in Matiari and Jamshoro districts. In this regard, the Sindh Forest Department, supported by the PPP Unit Sindh, organized an orientation and discussion session on May 02, 2024, at PPP Unit office in collaboration with leading experts from EMC Pakistan, ECCIDE Consultancy, EY Ford Rhodes, and Haidermota & Co. being the GoS transaction advisors for this Project.
The discussion revolved around potential of carbon credits, carbon credit markets and parameters for bankable carbon credit projects. Presently, feasibility study is under process and GoS is keen to explore alternate funding channels including potential of carbon credits to international carbon credit markets.