Climate Change

Pakistan, World Bank sign $124 million agreement to tackle climate change

Climate Change World Bank

The memorandum of understanding (MoU) to tackle climate change has been signed by the the Ministry of Climate Change and the World Bank.

On Tuesday, the Ministry of Climate Change and the World Bank signed an MoU at a ceremony in Islamabad where Prime Minister Imran Khan was the chief guest. According to the agreement, the country will be facilitated in implementing the Nationally Determined Contributions under the Paris Agreement.

While addressing the ceremony, Prime Minister said that Pakistan was among the top 10 countries most vulnerable to climate change despite having carbon emissions of less than one percent. “That is why it is important for the nation to realise that we must take steps to avert climate change for our coming generations.”

Read more: UN climate summit declared Pakistan Forestry Champion

The premier further said that he had seen the effects of global warming throughout his life. “Around 20 to 25 years ago, people who used to live in villages and mountainous regions started to say that temperatures are rising […] they complained that the amount of rainfall had decreased and it had become hotter.”

Moreover, the premier lamented the fact that the world did not considered climate change for a long time. “Countries which emit the most carbon realised this very late.”

He said that at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change, more commonly referred to as COP26, took place last year in Glasgow it was evident that the world was now largely acknowledging climate change.

“If we don’t take meaningful and strong steps, then major parts of the world will suffer the negative effects of weather pattern changes.” He also stressed on saving the country’s forests and increasing plantation campaigns.

He added that “We need to preserve existing parks and make new ones,” and that the federal government had so far declared 15 new national parks.

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