Government of Pakistan IGES © Usted Notions =e Cimate Change Secretariat Ministry of Climate Change te Change Secret Aligning ‘carbon pricing’ with national priorities of Pakistan Saadullah Ayaz National Project Coordinator (SNC/ BUR1) Ministry of Climate Change, Government of Pakistan/ United Nations Development Programme (UNDP) October 11", 2018Disclaimer (kind of...) * This presentation is based on personal (expert opinion) and is not endorsed by any institution/ or Government of Pakistan (at any level) + Aims at supporting discussion and facilitate decision making (for objectivity of process/ tool under consideration)Pakistan & Paris Agreement * Singed Paris Agreement in (April, 2016)~ 104% Country + Submitted (conditional) NDC in (Nov, 2016) PAKISTAN INDC STATEMENT Having considered the existing potential for mitigation in the country, Pakistan intends to reduce up to 20% of its 2030 projected greenhouse (GHG) emissions subject to availability of international grants to meet the total abatement cost + areduction of up to 20 percent in the projected emission figures would require an investment of approximately US$ 40 billion (calculated at current prices) * areduction of 15 percent in GHG emissions amounts to US$ 15.6 billion; whereas a 10 percent reduction is calculated as US$ 5.5 billion.