EU carbon tax: Green Grid certification essential to save exports: PBIF

Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan and Chairman Policy Advisory Board FPCCI, said that the survival of Pakistan’s export sector hinges on two critical policy shifts: the immediate introduction of “Green Grid” certification for industrial estates to bypass European carbon taxes, and the strategic utilisation of the newly deregulated sugar sector to launch a bio-energy export revolution. He warned that while the EU’s Carbon Border Adjustment Mechanism (CBAM) is technically in a transitional phase for textiles, European buyers have already begun demanding “Carbon Passports” from Pakistani suppliers.