Pakistan to increase investments in green energy
The Gulf Today | December 25, 2017- Pakistan’s Federal Minister for Climate Change Senator Mushahidullah Khan has said putting a price on carbon emissions could help increase investments in green energy and reduce the carbon footprint.
The federal minister was addressing a workshop on carbon pricing as chief guest, a government statement said here Friday. “Pakistan is cautiously evaluating options to introduce this instrument in a way that our economic pace is not compromised.”
Mushahidullah Khan said the Ministry of Climate Change was collaborating with the United Nations Framework Convention on Climate Change (UNFCCC) to evaluate the application of a carbon pricing instrument.
The government planned on an instrument “which can best fit with the national context and priorities while providing benefits in terms of mitigation action and for attracting international support for climate action,” he added.
He highlighted that Pakistan has less than one per cent share in global carbon emissions, but this share was expected to increase considerably as the country climbs over the development ladder and makes efforts to achieve energy security.
UNFCCC representative Taimoor appreciated the efforts of the Ministry of Climate Change in implementing the Paris agreement. Separately, on the conclusion of the three-day conference ‘Science Policy on Climate Change’, the senator said, “Climate Change is not a short-term disease.