Despite efforts to mitigate global warming, Pakistan didn’t receive a penny from the $100b climate finance

The Minister for Climate Change, Malik Amin Aslam, said, "We would take up this issue in the upcoming COP-26 conference."

climate finance

Despite being recognized by international organizations for its countless efforts to mitigate the effects of climate change, Pakistan has not received a penny from the 100-billion-dollar climate finance promised by developed countries under the Paris Agreement.

The Minister for Climate Change, Malik Amin Aslam, said, “We would take up this issue in the upcoming COP-26 conference.”

Aslam added, “Climate finance has been a pipedream with big announcements and zero delivery. Pakistan is badly affected by climate change for no fault of its own. The country is mitigating and forcibly adapting to climate change with its own funds.”

“The world needs to deliver climate finance credibly and transparently as per the needs of developing countries. Otherwise, climate talks will end with nothing to show to the world.”

The Paris Agreement is a constitutionally binding international pact on climate change. It was approved by 196 parties at COP 21 in Paris on the 12th of December 2015 and entered into force on the 4th of November 2016.

Implementation of the Paris Agreement requires economic and social transformation based on the best available science. The Paris Agreement works on a 5-year cycle of increasingly ambitious climate action carried out by countries.

A climate expert who works in the Ministry of Climate Change, Syeda Hadiqa Jamshed, said Pakistan had completed BTTP even before its completion date and even surpassed it. It has initiated various policies to preserve nature. Pakistan deserves most and should be funded under developed countries’ $100 billion climate finance.

Pakistan is now fully prepared for the upcoming COP-26 conference in Paris. It hopes that developed countries will note the efforts put forward by the government of Pakistan, and the promise will be fulfilled.

Malik Amin Aslam and the climate change secretary will take part from Pakistan in the forthcoming COP-26 conference.

What are your views on this? Share in the comments bar below.

  • Featured Content⭐