KARACHI- Pakistan’s first multi-stakeholder packaging alliance, CoRe (Collect and Recycle), has urged the Government of Pakistan to introduce fiscal and policy incentives in the Federal Budget 2026–27 to strengthen waste collection, recycling infrastructure, and circular economy initiatives.

Sheikh Waqar Ahmad, CEO and Founding Director of the CoRe Alliance, in a statement, emphasized the importance of policy support in strengthening Pakistan’s recycling ecosystem. “The federal budget presents a critical opportunity to advance green financing, incentivize investment in recycling infrastructure, and support the formalization of waste collection systems.

These measures can contribute significantly to Pakistan’s climate reform agenda and complement broader policy reforms that may be supported through the resilience and s sustainability facility under the Staff-Level Agreement with the International Monetary Fund, he said.

 Read: Pakistan generates 50.79 million tons of solid waste yearly  

The CoRe Alliance has recommended State Bank-backed green financing, tax incentives for recycling and packaging recovery projects, fiscal incentives for the use of recycled content, exemptions on taxes and duties for recycling equipment and services, reduced duties on Reverse Vending Machines, and support for plastic-to-fuel infrastructure.

Babar Aziz Bhatti, Chairperson of CoRe Alliance’s Extended Producer Responsibility (EPR)Committee & CEO, Green Earth Recycling said, “Pakistan’s recycling sector has significant economic and environmental potential. With the right policy support and investment incentives, the country can improve recycling rates, reduce packaging waste leakage, and advance a more sustainable and resource-efficient economy.”  (Press Release)

Read: Pakistan: Plastic Waste Management Crisis

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