Pakistan highlights livelihood challenges in Asia at global climate change summit

Malik Amin Aslam, SAPM on climate change, speaks at the United Nations Climate Change Conference in Glasgow, Scotland on November 1, 2021. (Photo courtesy: @ClimateChangePK/Twitter)
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Updated 02 November 2021
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Pakistan highlights livelihood challenges in Asia at global climate change summit

  • Malik Amin Aslam tells COP26 conference in Glasgow his region is becoming more vulnerable to the risk of flooding due to climate change
  • According to a German think tank, Pakistan is the eighth most vulnerable country to extreme weather patterns

ISLAMABAD: The lives and livelihoods of Asian nations have become vulnerable to flooding due to the risk of climate change, said a senior Pakistani official on Monday who is representing his country at the UN Climate Change Conference in Glasgow.

World leaders have gathered in Scotland’s port city to attend the COP26 climate summit amid increasing skepticism regarding their ability to take measures required to address the dangers of global warming.

The conference will continue until November 12, 2021, under the presidency of the United Kingdom.

While addressing a session, Accelerating Adaptation in Asia through large-scale Nature-based Solutions, Malik Amin Aslam, adviser to Pakistan's prime minister on climate change, said the Asian Development Bank in its latest studies had ranked his country among the most vulnerable places in Asia.

“There’s a consistency in the global climate models, showing that the climate breakdown is all set to translate into more floods because of more intense rainy seasons in Asia in the coming years,” he said. “As a result, millions are most likely to see their homes, all their belongings and livelihoods destroyed when floods sweep, chiefly during summer wet seasons.”

The prime minister’s adviser expressed his concern over “inadequate allocations” of mere 25 percent of the total global climate finance for adaptation needs of the climate-vulnerable developing countries, including Pakistan.

He urged rich countries, widely blamed for the global climate crisis, to increase climate finances up to 60 percent for adaptation needs of the poor countries, saying it was critical for them to be able to adjust to the fallouts of the global climate crisis.

“More visibly, now nature is brutally revenging upon the lives and livelihoods of us all through unstoppable colossal floods, suffocating heat waves, surging wildfires, devouring sea intrusions and vanishing groundwater,” he continued.

A German think tank, Germanwatch, in January this year described Pakistan as the eighth most vulnerable country to climate change, having witnessed 173 extreme weather events and suffered an estimated loss of $3.8 billion between 2000 and 2019.


World Bank president in Pakistan to discuss development projects, policy issues

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World Bank president in Pakistan to discuss development projects, policy issues

  • Pakistan, World Bank are currently gearing up to implement a 10-year partnership framework to grant $20 billion loans to the cash-strapped nation
  • World Bank President Ajay Banga will hold meetings with Pakistan Prime Minister Shehbaz Sharif and other senior officials during the high-level visit

ISLAMABAD: World Bank President Ajay Banga has arrived in Pakistan to hold talks with senior government officials on development projects and key policy issues, Pakistani state media reported on Sunday, as Islamabad seeks multilateral support to stabilize economy and accelerate growth.

The visit comes at a time when Pakistan and the World Bank are gearing up to implement a 10-year Country Partnership Framework (CPF) to grant $20 billion in loans to the cash-strapped nation.

The World Bank’s lending for Pakistan, due to start this year, will focus on education quality, child stunting, climate resilience, energy efficiency, inclusive development and private investment.

"World Bank President Ajay Banga arrives in Pakistan for a high-level visit," the state-run Pakistan TV Digital reported on Sunday. "During his stay, he will meet Prime Minister Shehbaz Sharif and other senior officials to discuss economic reforms, development projects, and key policy issues."

Pakistan, which nearly defaulted on its foreign debt obligations in 2023, is currently making efforts to stabilize its economy under a $7 billion International Monetary Fund (IMF) program.

Besides efforts to boost trade and foreign investment, Islamabad has been seeking support from multilateral financial institutions to ensure economic recovery.

“This partnership fosters a unified and focused vision for your county around six outcomes with clear, tangible and ambitious 10-year targets,” Martin Raiser, the World Bank vice president for South Asia, had said at the launch of the CPF in Jan. last year.

“We hope that the CPF will serve as an anchor for this engagement to keep us on the right track. Partnerships will equally be critical. More resources will be needed to have the impact at the scale that we wish to achieve and this will require close collaboration with all the development partners.”

In Dec., the World Bank said it had approved $700 million in ​financing for Pakistan under a multi-year initiative aimed at supporting the country's macroeconomic stability and service delivery.

It ‍followed a $47.9 ‍million World Bank grant ‍in August last year to improve primary education in Pakistan's most populous Punjab province.