The launch event, held in Peshawar, was organized in collaboration with the UK-funded Sustainable Energy and Economic Development (SEED) Programme. The inventory assesses the eligibility of PEDO’s renewable energy projects — including hydropower and solar — for carbon credits under internationally recognized frameworks such as Verra, Gold Standard, and the Global Carbon Council (GCC), in addition to their qualification for International Renewable Energy Certificates (I-RECs).
Chief Minister Ali Amin Khan Gandapur, speaking at the event, described the initiative as a historic milestone in K-P’s journey toward sustainable economic development and climate resilience. “This Carbon Asset Inventory is a bold testament to our leadership in climate action,” he said. “It reflects our commitment to expanding clean energy, attracting green finance, and ensuring sustainability benefits are shared by all.”
The chief minister emphasized that the inventory provides a scientific baseline to measure avoided carbon emissions from PEDO’s portfolio, making it possible to quantify environmental impact and generate revenue through carbon markets. He said the move would strengthen K-P’s position in the global renewable energy space and open doors to climate finance mechanisms that support green development.
Highlighting K-P’s vast potential in renewable energy, Gandapur noted that PEDO is currently implementing multiple clean energy projects, with more in the pipeline. He termed the agreement between PEDO and the Pakistan Environment Trust (PET) a significant milestone. Under this agreement, K-P will register renewable energy projects with Evident, the global I-REC registry. In the first phase, five projects are being registered, marking K-P’s formal entry into international renewable energy markets.