Finance Minister Muhammad Aurangzeb on Thursday issued a stark warning about the country’s future, urging swift mobilization of climate finance to confront what he described as “existential threats to national survival” posed by climate change and rapid population growth.
Speaking at a high-level plenary titled “Mobilising Finance for a Circular, Climate-Resilient South Asia” — held during the third day of the Sustainable Development Conference organised by the Sustainable Development Policy Institute (SDPI) — the minister said Pakistan must swiftly adapt its fiscal and regulatory systems to attract sustainable investment. “Climate finance is now a global imperative,” Mr Aurangzeb said. “With global GDP on the rise, Pakistan is pursuing structural reforms to stabilise the economy and strengthen investor confidence.” (DAWN)