Prime Minister Shehbaz Sharif called on the international community to fulfill his commitment to climate finance on Wednesday, stressing that debt-driven finance cannot solve the climate disaster with a vulnerable country like Pakistan.
Pakistan has experienced unprecedented flood This year, this year’s landslide is due to monsoon rainfall caused by climate change. The country’s National Disaster Management Agency (NDMA) reported that more than 1,000 people have been killed since late June and nearly 1,100 people have been injured due to monsoon-related disasters.
Back in 2022, the country faced widespread damage as floods caused 1,700 people, eliminating millions of dollars in agricultural land and taking up millions of dollars in losses and value. $30 billionaccording to government estimates. After the disaster, Pakistani heroes held an international donor meeting in Geneva, asking the world to help fund its flood recovery.
Earlier this year, the Senate Standing Committee on Economic Affairs was informed $10 billion commitment For each country in Pakistan, only $500 million is used as a grant, and the remaining loans have been extended, as reported profit.
“Loans, (and) increase in loans are not the solution,” the Prime Minister said at a special climate event convened by UN Secretary-General António Guterres.
Prime Minister Shehbaz said Pakistan promised to be part of a solution to the climate crisis and hoped that the international community would also fulfill its commitment to the country’s future generations’ business.
He reminded the deputies that Pakistan is still making arrangements 2022 Floodlosses exceed $30 billion, showing millions.
He added: “This year, strong monsoon rainfall, cloud outbreaks, mountain flooding and devastating urban flooding affected more than 5 million people, destroyed 4,100 villages and claimed more than 1,000 precious lives.”
The Prime Minister stressed Pakistan’s minimum contribution to global greenhouse gas emissions, but despite its negative contribution to global greenhouse gas emissions, “our impact is far beyond our share”.
However, he said the country’s commitment to fulfilling its climate agenda remains unwavering.
In 2022, Pakistan is Ranking Among the most vulnerable countries in climate change.
“In our national determination contribution in 2021, Pakistan has pledged to unconditionally reduce projected greenhouse gas emissions by 15% by 2030,” he said.
As part of the overall goal of reducing emissions by 50%, he shared that Pakistan has delivered with an unconditional commitment to reduce 15%.
The Prime Minister added: “Renewable energy currently provides over 32% or Pakistan’s power portfolio. Solar energy has grown 7 times since 2021.”
In addition, he stressed that 23,000 hectares of mangrove forest have been restored.
However, he regretted that the implementation of the Pakistan National Adaptation Plan was “hindered, as severely hindered” insufficient International climate finance”.
Prime Minister Shehbaz announced that by 2035, the share of renewable and hydropower will increase to 62% of the country’s energy mix, expanding nuclear capacity to 1,200 megawatts by 2030, transferring 30pcs or transport to 3,000 Charling Stations nationwide cleaners. He also announced the expansion of climate smart agriculture, maintaining water security and promoting plantations of 100 million trees.
In his speech, UN Secretary-General Antonio Guterres said that at the end of the century, it is still possible to raise global temperatures to 1.5 degrees.
He told the party that clean energy is powering work, growth and sustainability, and assumes that the fastest and cheapest electricity and insulated economies are generated from the volatile fossil fuel market.
“The bottom line: Cleanliness is competitive and climate action must take action,” he said.
He said Paris Agreement Over the past decade, making a difference, adding: “Now, we need new plans for 2035, which are going to be further and further hurry up. transparent
The United Nations Chief stressed:COP30 In Brazil, it must end with a reliable global response plan to get us on track and “in 2035 agree COP29 in Baku, including identifying funding sources, making financial accessible and ensuring liability.
He also stressed that “developing countries that cause the least crisis have suffered the greatest pain” and called for “effective debt relief and expansion solutions such as debt swaps and disaster moratorium provisions.”
