Islamabad:The Ministry of Climate Change and Environmental Coordination, in collaboration with key stakeholders, convened a high-level consultation workshop on the National Climate Finance Strategy here on Friday.
The workshop brought together officers from key Federal Ministries of MoCC, Finance, Planning, Economic Affairs, Energy, Industries, Commerce, Food & Agriculture, representatives of provincial Governments of Punjab, KP,GB, Balochistan, Sindh and AJK, international development partners, financial institutions, and civil society organizations to discuss pathways for strengthening Pakistan's climate finance mechanisms.
The National Climate Finance Strategy, a vital component of Pakistan's commitment to climate action under the Paris Agreement, aims to enhance the country's ability to mobilize, allocate, and manage financial resources for climate resilience and low-carbon development. With Pakistan facing increasing climate risks, including floods, droughts, and rising temperatures, the strategy is designed to support the nation's transition to a sustainable and climate-resilient future. Key objectives of the workshop included stakeholder engagement: Gather input and recommendations from a wide range of stakeholders to ensure a comprehensive and inclusive approach to climate finance, resource mobilization: identify opportunities for scaling up domestic and international climate finance resources, including private sector investments, to meet Pakistan’s climate mitigation and adaptation goals, capacity building: strengthen institutional capacities for climate finance planning and execution at both national and sub-national levels, international collaboration: align Pakistan’s climate finance efforts with global climate finance frameworks and facilitate collaboration with multilateral financial institutions and international partners.
Earlier, in her opening remarks, Secretary Ministry of Climate Change, Ms. Aisha Humera Ch. emphasized the importance of strategic financial planning for climate resilience. “Pakistan is on the frontlines of climate change. We must ensure that the financial resources are in place to protect our most vulnerable communities while contributing to global climate targets.