Overview
- The estimate was presented at OICCI-hosted sessions with senior industry leaders focused on taxonomy alignment and ESG disclosure.
- SECP’s revised ESG Disclosure Guidelines formally align listed-company reporting with the PGT and are slated to become mandatory between 2029 and 2031.
- The Pakistan Green Taxonomy, launched by the State Bank in 2024, sets activity-level criteria and do‑no‑significant‑harm tests to classify environmentally aligned investments.
- NDC 3.0 targets include a 17% unconditional and 33% conditional emissions reduction by 2035, a 30% increase in electric vehicle adoption, and a 60% renewable energy share.
- Experts warn that closing the funding gap will hinge on concessional finance, international partnerships, and domestic policy reforms to unlock private capital.