ISLAMABAD-APRIL,2- Pakistan and Norway have signed a new climate cooperation agreement aimed at strengthening collaboration on emissions reduction and expanding investment in sustainable development projects under Article 6 of the Paris Agreement.
The agreement positions Pakistan as an emerging partner in the global carbon market and a potential supplier of high-quality verified carbon credits. Officials say the initiative will help accelerate climate action while attracting international climate finance into Pakistan’s growing green economy.
According to details, the partnership is expected to unlock significant private-sector investment in renewable energy and environmental projects, generating employment opportunities and supporting sustainable development across both rural and urban areas.
The two countries will also work closely with international institutions, including the World Bank, Asian Development Bank, and the Global Green Growth Institute (GGGI), to facilitate technology transfer and improve access to climate finance.
Officials say the collaboration will support Pakistan’s long-term net-zero ambitions while helping Norway meet its climate targets for 2030.
The agreement is also expected to promote nature-based solutions and low-carbon initiatives, contributing to environmental protection and economic resilience.
Analysts describe the deal as a step toward positioning Pakistan as a regional hub for green investment, highlighting its increasing focus on innovation, environmental sustainability, and climate-resilient development.
