These recommendations propose a systematic approach for establishing and integrating carbon markets in Pakistan. They stress the need for a legal and regulatory groundwork, alignment with national policies, simplified credit assessment processes, and collaborative efforts across various governmental and academic sectors:

o   The Ministry of Climate Change and Environmental Coordination should establish a robust legal and regulatory framework for the implementation of voluntary carbon markets. This framework should detail necessary activities, define the scope, rules, and applicability of the programme, including sector and provincial-level Monitoring, Reporting, and Verification (MRV) protocols.

o   Ensure that the carbon market framework is consistent with existing national policies, particularly in the areas of energy, environment, and sustainable development. The Ministry should foster synergy between carbon markets and broader national objectives.

o   Implement Voluntary Emissions Trading Schemes (ETS) to unlock private finance through carbon credits, focusing on co-benefits to ensure the effectiveness of the Voluntary Carbon Market (VCM).

o   The Ministry should design a mechanism to simplify the ‘Carbon Credit Assessment Process’ currently managed by international crediting agencies. This mechanism should facilitate the evaluation of abatement potential across all sectors at the provincial level.

o   Strengthen collaboration between federal and provincial governments, relevant stakeholders (e.g., Ministries of Environment and Climate Change, National Energy Efficiency & Conservation Authority), and academia for the effective implementation of the carbon market policy framework.