Prime Minister Shehbaz Sharif has called on the global community to honour its financial pledges to deal with the issue of climate change. Addressing Climate Action Summit COP-29 in Baku today, he regretted that the financial commitments made at previous summits were yet to be fulfilled. The Prime Minister emphasized that climate finance must be grant based and not add to the debt burden of vulnerable developing countries. Shehbaz Sharif said Pakistan is a resilient, hardworking and responsible nation and that it is fully committed to be part of global climate solutions. Last year, Pakistan presented a comprehensive national adaptation plan and this year, it has developed a national carbon market framework.

Source: The Nation November 13, 2024 11:38 UTC