CDA Launches Climate Change Fund and Carbon Credit Program to Combat Environmental Degradation

Independent Report.
Islamabad, July 14, 2024: Following the directions of Federal Minister for Interior Mohsin Naqvi, the Capital Development Authority (CDA) has established a Climate Change Fund, a first in Islamabad’s history, to mitigate the effects of climate change. The fund will support initiatives to combat environmental degradation, including a “Carbon Credit Program” aiming to plant 4-5 million trees in designated areas. Chairman CDA Muhammad Ali Randhawa announced that the tree plantation drive will cover new sectors, avenues, and open spaces. The Interior Minister commended the CDA team for taking the lead in establishing the fund.