Pakistan unveils first climate finance strategy to mobilise funds for national climate action
November 14, 2024, Baku: Pakistan launched on Thursday its first National Climate Finance Strategy (NCFS) to address the escalating challenges posed by global heating by mobilising financial resources for climate mitigation and adaptation efforts, focusing on scaling up climate-related investments, attracting international finance and strengthening domestic financial systems, according to a press release issued here from the Ministry of Climate Change & Environmental Coordination.
Pakistan’s Federal Finance Minister Muhammad Aurangzeb and Pakistani Prime Minister’s Coordinator on Climate Change Romina Khurshid Alam jointly launched NCFS at Pakistan Pavilion in Baku on the sidelines of the two-week UN-led global climate conference (COP29).
“Its really a moment of pride for us to b...