Pakistan demands ‘equitable’ climate finance for vulnerable states at UN forum

Pakistan’s Minister for Climate Change Dr. Musadik Malik, addresses a high-level conference, “The Bottom Line: Why Tackling Environmental Degradation Is Critical to the Future of the Global Financial System,” on the sidelines of the United Nations Environment Assembly (UNEA) in Nairobi, Kenya, on December 13, 2025. (PID)
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Updated 13 December 2025
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Pakistan demands ‘equitable’ climate finance for vulnerable states at UN forum

  • Pakistan repeatedly suffers from deadly climate disasters, including floods this year that killed over 1,000 people during monsoon
  • Pakistan minister stresses role of international cooperation, private sector engagement for environmental sustainability

ISLAMABAD: Pakistan’s Minister for Climate Change Dr. Musadik Malik on Saturday called for an “equitable, accessible” climate finance for vulnerable nations, saying that climate action must be treated as a shared global responsibility.

Malik was speaking at a high-level conference titled: “The Bottom Line: Why Tackling Environmental Degradation Is Critical to the Future of the Global Financial System” held on the sidelines of the United Nations Environment Assembly (UNEA) in Nairobi. 

Pakistan has suffered repeated climate-inducted disasters frequently over the years. Devastating floods this year claimed over 1,000 lives in the country during the monsoon season. Super floods in 2022 cost the country an estimated $30 billion in damages. 

“Federal Minister for Climate Change and Environmental Coordination Dr. Musadik Malik has stressed that environmental degradation poses systemic risks to the global financial system and called for more accessible and equitable climate finance for vulnerable countries,” state-run Associated Press of Pakistan (APP) reported. 

Participants highlighted the importance of policy coherence, effective regulatory frameworks and whole-of-government approaches to create enabling conditions for sustainable finance.

Pakistan has been pushing for easy access and terms of financing for developing countries that suffer from climate change effects over the past few years at global events such as the Conference of the Parties (COP) and World Economic Forum. 

Dr. Malik noted that countries contributing least to global emissions were among those facing the “most severe” impacts of climate change. 

Pakistan contributes less than 1 percent to the total greenhouse gas emissions.

“The minister underscored the role of international cooperation and responsible private sector engagement in ensuring that financial stability and environmental sustainability reinforce each other,” the APP report said. 

The summit brought together global leaders, policymakers, financial regulators and experts to discuss how governments are steering private finance toward pathways that strengthen economic and financial stability. 

Discussions also focused on mobilizing private capital for high-impact sectors and integrating environmental risks into financial decision-making processes.


Australia says father and son carried out Sydney beach attack as Pakistan condemns violence

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Australia says father and son carried out Sydney beach attack as Pakistan condemns violence

  • Australian authorities say at least 15 people were killed in the shooting, including a 10-year-old girl
  • Pakistan says it stands in solidarity with Australia, condemns terrorism in all forms and manifestations

ISLAMABAD: Australian authorities said on Monday a father and son carried out a mass shooting at Sydney’s Bondi Beach during a Jewish festival, as Pakistan expressed solidarity with Australia and condemned the attack that claimed at least 15 lives.

Police said the 50-year-old father was shot dead at the scene while his 24-year-old son was wounded and taken into custody after the gunmen opened fire on crowds gathered for a Hanukkah celebration at the popular beach.

“We want to get to the bottom of this,” New South Wales police commissioner Mal Lanyon said on Monday. “We want to understand the motives behind it.”

A 10-year-old girl was among the 15 dead in Australia’s worst mass shooting for almost 30 years, while 42 more were rushed to hospital with gunshot wounds and other injuries.

Pakistan’s government said it stood with Australia following the shooting, reiterating its opposition to such incidents amid renewed militant violence at home.

Prime Minister Shehbaz Sharif expressed condolences to the victims and said Pakistan condemned “terrorism in all its forms and manifestations.”

President Asif Ali Zardari also conveyed sympathy to the victims’ families and wished the injured a speedy recovery.

“Pakistan itself a victim of terrorism, stands in solidarity with & condemns violence against innocent civilians,” he said.

Pakistan has faced a resurgence in militant attacks in recent months, particularly in its northwest. On Sunday, Sharif praised security forces after they killed 13 militants in two separate operations in the Mohmand and Bannu districts, according to a statement from his office.

Australian police said the attackers fired from a raised boardwalk overlooking the beach, sending people fleeing in panic. Authorities later discovered what they described as an improvised explosive device in a vehicle parked near the scene, which they believe was linked to the attackers.

Prime Minister Anthony Albanese said tougher gun controls may be needed, including limits on the number of firearms an individual can own, after police confirmed the father held licenses for six weapons believed to have been used in the attack.

Mass shootings have been rare in Australia since sweeping gun law reforms were introduced after the 1996 Port Arthur massacre, but Albanese said the latest attack required authorities to reassess whether existing controls remained sufficient.

With input from AFP