result found

November 5, 2023

Pakistan finds itself on a financial tightrope as it grapples with the multifaceted consequences of climate change. Caretaker Finance Minister Dr Shamshad Akhtar, speaking at the Pakistan Climate Conference, shed light on the intricate trade-off between raising funds for climate initiatives and meeting broader development finance needs. The financial burden is staggering, with an estimated $340 billion required between 2023 and 2030 to address both climate and development challenges. (more)