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Pakistan leading in climate action with mega green initiatives: PM

MM News Staff by MM News Staff
October 7, 2021
imran khan

The prime minister said the World Bank endorsed Pakistan’s vision. Source: PID.

ISLAMABAD: Prime Minister Imran Khan has said that Pakistan was leading the world on climate action with achievement of the highest climate co-benefits (CCBs) during fiscal year 2021 through several mega green initiatives.

The prime minister said the World Bank endorsed Pakistan’s vision with 2021 lending data. He also shared a graph showing Pakistan’s World Bank commitments and climate co-benefits (CCBs), showing a surge in the CCBs during fiscal year 2021.

The World Bank’s data showed that a total of US$ 1.635 billion CCBs were achieved in Pakistan in FY21 which represented 44% of the total US$ 3.696 billion IDA/IBRD financing approved for the country in FY21.

@WorldBank endorses Pakistan’s climate vision with 2021 lending data showing Pak is #leadingtheworld on #ClimateAction – massive 44% of its mainstream dev funding now climate compatible thru on ground initiatives like #10BillionTreeTsunami #CleanEnergy #ProtectedAreasInitiative pic.twitter.com/jf59ScCrAr

— Imran Khan (@ImranKhanPTI) October 6, 2021

Special Assistant to PM on Climate Change Malik Amin Aslam said that climate vision of Pakistan under the leadership of Prime Minister Imran Khan was on the concrete ground which was acknowledged by the World Bank.

World Bank Country Director for Pakistan Najy Benhassine acknowledged that Pakistan showed the way on climate action as World Bank new engagements in Pakistan during FY21 had the highest climate co-benefits(CCBs) in the world, in terms of absolute value & highest in South Asia as new commitments on climate action.

He further posted that these CCBs referred to the share of World Bank’s lending commitments that contributes to the climate action. “A total of US$ 1.635 billion CCBs were achieved in Pakistan in FY21 which represent 44% of the total US$ 3.696 billion IDA/IBRD financing approved for the country in FY21,” he added.

The #climate vision of #Pakistan under PM @ImranKhanPTI is about real concrete action on ground and @WorldBank data conclusively shows that – #Pakistan leads the world on #ClimateAction not just #ClimateTalk – in the run up to @UNFCCC @COP26 @CTurnerFCDO @BBCWorld @CNN https://t.co/8mQpBrRg5P

— Malik Amin Aslam (@aminattock) October 6, 2021

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