Carbon Trading Mechanisms Must Function as Investment Channels: Rizwana

Environment Adviser Syeda Rizwana Hasan has said that carbon trading mechanisms must function simultaneously as investment channels, technology transfer instruments, and mitigation tools. ‘Even if we receive full adaptation financing, we cannot guarantee protection of our coastal regions unless mitigation is strengthened,’ she stated, adding that adaptation has clear limits, making mitigation the ultimate pathway to long-term resilience. She made the remarks while addressing a workshop titled Business Forum on Joint Crediting Mechanism (JCM) Project Matchmaking and Advancing Article 6 Implementation in Bangladesh at the Department of Environment, organized in collaboration with the Ministry of the Environment, Japan recently.

the Advisor welcomed the revised JCM rules aligned with Article 6 of the Paris Agreement and noted Bangladesh’s pre-launch of its first national carbon market framework during COP30.

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