Pakistan is grappling with an escalating climate crisis. Ranked among the top five most climate-vulnerable countries globally, it has received significantly less climate finance than pledged, hindering both disaster recovery and long-term adaptation. As international climate policies tighten—particularly the EU’s Carbon Border Adjustment Mechanism (CBAM)—Pakistan’s export-reliant industries, such as textiles, face serious economic risks if they fail to meet carbon compliance standards, including reduced market access, job losses, and declining foreign exchange earnings.
Meeting the Paris Agreement’s climate goals will require Pakistan to transition to cleaner energy sources, demanding substantial investment, technological upgrades, and comprehensive policy reforms. Yet, the country currently lacks the financial and institutional capacity to drive this transformation. A promising solution lies in the global carbon credit market, which allows countries to earn revenue by reducing greenhouse gas emissions. However, Pakistan’s absence of a national carbon emissions database and structured reporting mechanism remains a critical barrier to entry.
To address this gap, a consortium of Refurb N Up and Technology & Management Integratix (TMI) has launched Pakistan’s first dedicated carbon emissions platform. Refurb N Up, a startup that graduated from the National Incubation Center Faisalabad, focuses on reducing e-waste and emissions through device refurbishment. TMI specializes in building smart, sustainable systems. Together, they aim to create the digital infrastructure necessary for carbon emissions tracking, record-keeping, and reporting—paving the way for a low-carbon, climate-resilient economy.
This ground-breaking initiative could unlock Pakistan’s untapped potential in the global carbon credit market. With vast agricultural lands, extensive forests, and growing renewable energy projects, the country holds immense capacity to generate verifiable carbon credits. A dedicated platform would allow for transparent emissions reporting and accurate verification of reductions across key sectors such as energy, transport, agriculture, and industry. This, in turn, would help Pakistan certify and sell carbon offsets internationally, attracting much-needed climate finance and green investment.
By building trust through transparent data, the platform could significantly increase Pakistan’s participation in both voluntary and compliance carbon markets. Verified emissions reductions could be monetized by industries and offered to global entities seeking to meet their own climate targets—transforming climate action into a new revenue stream for Pakistan. Additionally, this system would incentivize the adoption of low-carbon technologies, align national policies with Paris Agreement targets, and empower both public and private sectors to drive climate-positive development.