In a significant development for Pakistan's climate policy, Transparency International Pakistan (TIP) has outlined a legislative roadmap aimed at advancing the country's carbon market framework. This initiative was presented during a high-level consultative meeting in Islamabad on February 20, 2026, where experts emphasized that mere policy guidelines, such as those approved in December 2024, are insufficient without robust legal backing. Kashif Ali, Executive Director of TIP, stated, "By translating our policy intent into enforceable law, Parliament can unlock significant climate finance, strengthen Pakistan’s climate ambition, and position the country as a high-integrity carbon market leader." The roadmap identifies four critical areas for legislative action, including the legal recognition of carbon credits as assets, which necessitates the enactment of a Carbon Markets Framework Act. This act would define various types of carbon credits and establish ownership rules, thereby reducing investor risk and enhancing Pakistan's credibility in international carbon markets.