Punjab Cattle Markets to Generate Climate Finance Through Waste Management
A feasibility study indicates that Punjab's cattle markets could serve as a significant source of climate finance by converting manure into biogas, organic fertilizer, and carbon credits. This initiative aims to improve waste management and create new revenue streams while reducing greenhouse gas emissions.
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The Punjab Cattle Market Management and Development Company (PCMMDC) has identified four cattle markets—Multan, Chichawatni, Sheikhupura, and Arifwala—as viable for a new waste-management project. Multan is projected to yield approximately 72,561 carbon credits annually, while Chichawatni could produce around 124,582 credits.
Over five years, the total could reach two million verified carbon credits, contingent on government approval for the Article 6.2 Authorisation pathway. The proposed model will register all eligible sites under a single programme, minimizing transaction costs.
The initiative is expected to improve local environmental conditions, generate clean energy, and produce organic fertilizer, positioning Punjab as a leader in climate finance. The project suggests a revenue potential between $1 million and $3 million annually from carbon credits, with the primary income anticipated from energy and fertilizer sales.
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