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UAE's Blue Carbon and Liberia making headway towards climate change

04:59 PM | 27 Apr, 2023
UAE's Blue Carbon and Liberia making headway towards climate change

DUBAI – Following the signing of a Memorandum of Understanding (MoU) between Blue Carbon and the Government of Liberia to implement carbon removal projects in forest sector, Blue Carbon, the UAE-based entity, held a three-day workshop in Dubai with the delegation of the Republic of Liberia.

The workshop provided an excellent opportunity for deliberating on future plans regarding ITMOs and promoting sustainable forest management practices and fighting climate change across Liberia.
 
Blue Carbon was established under the vision of Sheikh Ahmed Dalmook Al Maktoum, a member of the Dubai Royal Family and Chairman of the company. The company’s mandate is to create environmental assets, nature-based solutions and register carbon removal projects. 
 
The representatives of the Government of Liberia included Kou Dorliae, Deputy Minister-Economics, Jeremiah Garwo Sokan, Sr National Coordinator, National Climate Change Secretariat, Johnson Sneh Willabo, Asst. Minister for Revenue & Tax Policy, Halala Willie Kokulo, Director of Land Division & Water Resource as well as other experts from different Ministries and entities on climate change.   

During this workshop different models of projects were discussed and deliberated upon for the possibility of actualization of Internationally Transferred Mitigation Outcomes (ITMOs) that can be deployed as per the article 6.2 of the Paris Agreement on Climate Change. The focus was on implementing low-carbon strategies, activities, projects and programs, specifically the development of various carbon emission reduction projects in the forestry sector in Liberia.
 
As per the terms of the partnership, Blue Carbon will be responsible for the development of feasibility studies, securing respective accreditation of the cooperation framework, and creating the right structure. The company will also promote and engage the local communities to implement capacity building initiatives for enhancement of forestry initiatives in Liberia. Moreover, Blue Carbon will create synergies and identify projects for the Government of Liberia to be presented at COP 28, which is to be hosted by the UAE in 2023.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on Sept 27, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on September 27, 2023 (Wednesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 289.05 292.15
Euro EUR 310 313
UK Pound Sterling GBP 361 364.5
U.A.E Dirham AED 81.5 82.3
Saudi Riyal SAR 77.05 77.8
Australian Dollar AUD 190 192
Bahrain Dinar BHD 778.84 786.84
Canadian Dollar CAD 220 222.2
China Yuan CNY 40.22 40.62
Danish Krone DKK 41.83 42.23
Hong Kong Dollar HKD 37.93 38.28
Indian Rupee INR 3.57 3.68
Japanese Yen JPY 1.78 1.86
Kuwaiti Dinar KWD 945.27 954.27
Malaysian Ringgit MYR 62.62 63.22
New Zealand Dollar NZD 174.58 176.58
Norwegians Krone NOK 27.87 28.17
Omani Riyal OMR 762.31 770.31
Qatari Riyal ‎QAR 80.69 81.39
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.62 26.92
Swiss Franc CHF 323.01 325.51
Thai Bhat THB 8.12 8.27

Gold Rate in Pakistan Today – September 28, 2023

Today Gold Rate in Pakistan

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 202,600 on Thursday.

The price of 10 grams of 24k gold was recorded at Rs 177,700. Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Today Gold Price in Pakistan - 28 September 2023

City Gold Silver
Lahore PKR 202,600 PKR 2,495
Karachi PKR 202,600 PKR 2,495
Islamabad PKR 202,600 PKR 2,495
Peshawar PKR 202,600 PKR 2,495
Quetta PKR 202,600 PKR 2,495
Sialkot PKR 202,600 PKR 2,495
Attock PKR 202,600 PKR 2,495
Gujranwala PKR 202,600 PKR 2,495
Jehlum PKR 202,600 PKR 2,495
Multan PKR 202,600 PKR 2,495
Bahawalpur PKR 202,600 PKR 2,495
Gujrat PKR 202,600 PKR 2,495
Nawabshah PKR 202,600 PKR 2,495
Chakwal PKR 202,600 PKR 2,495
Hyderabad PKR 202,600 PKR 2,495
Nowshehra PKR 202,600 PKR 2,495
Sargodha PKR 202,600 PKR 2,495
Faisalabad PKR 202,600 PKR 2,495
Mirpur PKR 202,600 PKR 2,495

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