Transport as Net Zero Sector in Pakistan

Abstract/Description

This paper examines the climate financing potential of transport sector in Pakistan. The study is grounded on secondary data, which is taken from environmental compendium and (Pakistan economic survey 2017-18). The study has focused, the following objectives. To Calculate the Economic Cost and Benefits of Substituting Engine Fuel for small, medium and large vehicles in Pakistan. To Examine the Effect of Policy Intervention on environmental degradation in context of Transport sector in Pakistan and to examine the economic value of CO2 emissions offsetting from transport sector. The study has used simple excel calculations, using the standards of per unite emissions and cost on each kilometer’s distance covered. The paper is appealing for funding clean transport and the study has used component and compound base approaches for desegregation and aggregation of environmental quality and economic feedbacks of the policy interventions for transport sector. This study found that shifting from dirty fuel to cleaner fuel the transport will require significant cost for engine shifting. The study concluded that the cost of shifting and economic benefits of shifting to clean fuel indicates that Pakistan can be well-off in long-run but in short run it can increase the existing cost of sector and services.

Track

Accounting, Law, and Finance

Session Number/Theme

Session 3B: Accounting, Finance & Law

Session Chair

Dr. Sana Tauseef, Institute of Business Administration, Karachi

Session Discussant

Sohaib Ahmed; Zaira Anees; Dr. Fawad Ahmad; Dr. Tasawar Nawaz

Start Date/Time

24-6-2022 3:00 PM

End Date/Time

24-6-2022 3:20 PM

Location

Training Room 3, Marriott Hotel, Karachi

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Jun 24th, 3:00 PM Jun 24th, 3:20 PM

Transport as Net Zero Sector in Pakistan

Training Room 3, Marriott Hotel, Karachi

This paper examines the climate financing potential of transport sector in Pakistan. The study is grounded on secondary data, which is taken from environmental compendium and (Pakistan economic survey 2017-18). The study has focused, the following objectives. To Calculate the Economic Cost and Benefits of Substituting Engine Fuel for small, medium and large vehicles in Pakistan. To Examine the Effect of Policy Intervention on environmental degradation in context of Transport sector in Pakistan and to examine the economic value of CO2 emissions offsetting from transport sector. The study has used simple excel calculations, using the standards of per unite emissions and cost on each kilometer’s distance covered. The paper is appealing for funding clean transport and the study has used component and compound base approaches for desegregation and aggregation of environmental quality and economic feedbacks of the policy interventions for transport sector. This study found that shifting from dirty fuel to cleaner fuel the transport will require significant cost for engine shifting. The study concluded that the cost of shifting and economic benefits of shifting to clean fuel indicates that Pakistan can be well-off in long-run but in short run it can increase the existing cost of sector and services.