Climate Action and Financial Justice: Pakistan's $6.8 Trillion Call at COP29 for a Resilient South Asia (SDG 7 & 13)
Climate Action and Financial Justice: Pakistan's $6.8 Trillion Call at COP29 for a Resilient South Asia (SDG 7 & 13) At COP29 , Pakistan made a significant call for $6.8 trillion in climate finance , emphasizing the urgent need for climate action and financial justice in South Asia, particularly in light of the region's vulnerability to climate change impacts. Prime Minister Shehbaz Sharif highlighted that Pakistan, despite being one of the lowest contributors to global emissions, suffers disproportionately from climate-related disasters, such as the devastating floods of 2022 . In response, Pakistan unveiled its National Climate Finance Strategy (NCFS) , which aims to bridge a projected climate finance gap of $348 billion by 2030 . This strategy focuses on mobilizing both international and domestic resources to enhance resilience in vulnerable sectors like agriculture and urban infrastructure. Additionally, leaders from South Asian c...