Beirut:Environment Minister Dr. Tamara El Zein has initiated the development of Lebanon's national carbon market roadmap, in collaboration with the United Nations Development Programme (UNDP) and its Climate Promise initiative, under Article 6 of the Paris Agreement.
According to National news agency - Lebanon, El Zein stated that the initiative aims to convert emissions reductions into opportunities for financing and investment, particularly through carbon credits recognized internationally.
During a technical meeting led by El Zein with international expert Dr. Axel Michaelowa and officials involved in solid waste management, she discussed the potential for developing eligible projects within the waste sector. The minister emphasized that carbon financing could enhance project viability, attract investment, and support sustainable environmental solutions.
El Zein also announced plans to extend consultations to other sectors, especially energy, in collaboration with relevant ministries. She highlighted the necessity for rigorous measurement, verification, and compliance with international standards for carbon credits, stressing that climate financing should provide substantial environmental and economic benefits.
