Activities

The revised project contains a broad range of activities designed to move KP from REDD+ readiness towards operational carbon markets.

Major activities include:

• Transaction Advisory Services for managing EOI, RFP, bidding, evaluation, negotiations and financial close.
• Pre-bid meetings and bid-evaluation activities.
• Capacity building and awareness raising for communities and government officials.
• Hiring of five sector specialists covering legal matters, carbon forestry and climate change, MRV, agriculture/livestock carbon, and transport/waste/energy carbon.
• Legislative and policy initiatives for forest carbon rights and benefit sharing.
• Preparation of a Provincial Forest Carbon Policy and Forest Carbon Rules.
• Development of a provincial MRV system and centralized digital repository.
• Establishment of institutional mechanisms for carbon-market development.
• Environmental and social safeguards and FPIC.
• Publicity, extension and awareness activities.
• Establishment and strengthening of the Project Management Unit (PMU).
• Procurement of machinery, equipment and other operational resources.

The revised project also focuses on three priority carbon projects: two IFM projects in Malakand and Hazara and one ARR project in D.I. Khan.