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Open trucks of cotton being fumigated with dangerous substance in violation of rules Story on Back Page
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rs 15.00 | Vol XIII no 192 I 12 Pages I Islamabad edition
Khyber Pakhtunkhwa govt opposes 600-MW solar project Story on Back Page
Dark clouD of implementation looms over more than $10bn pleDgeD at geneva g
idB Biggest contriButor With $4.2B
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AbdullAh NiAzi
ore than $10 billion have been pledged to pakistan by the international community at the international conference on climate resilient pakistan in geneva. the moot had been planned and called after last year’s cop27 conference at which pakistan was centre stage owing to last year’s super floods that left the country deeply devastated and struggling to finance the
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World Bank pledges $2B, saudi araBia $1B
recovery effort. the conference, which was cohosted by the united nations secretary general antonio guterres and prime Minister shehbaz sharif, was attended by heads of state, government representatives, and other stakeholders. Background to the conference: Back in november last year, pakistan had been front-and-centre at the cop27 conference. an annual conference on climate change held under the united nations, last year’s cop had a particularly powerful story in the shape of pakistan where floods
had ravaged millions, destroyed crops, levelled entire villages, displaced 33 million people, and caused an estimated $40 billion in damages all over the country. according to the center for global development, developed countries are responsible for 79% of historical carbon emissions. Yet studies have shown that residents in least developed countries have 10 times more chances of being affected by these climate disasters than those in wealthy countries. pakistan was hit with a major
ADB to Reprioritize up to $1B for Pakistan’s disaster risk reconstruction Story on Back Page wave of climate-change related activity that resulted in death, destruction and total annihilation in some areas. the international media attention that followed allowed pakistan the spotlight at this year’s cop, particularly with the pM being asked to co-chair the conference. un secretary general antonio guterres had also visited the flood affected areas earlier, and championed pakistan’s cause at the conference. While the cop27 conference had been focused on the larger issue of loss and damages for the developing world and climate reparations, there had been sideline discussions between the pakistan delegation and representatives of other countries discussing the possibility of a donor conference some time in the future to collect funds to help pakistan recover from the devastation caused by the floods.
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