Pakistan already spending 8% budget on climate, says minister - News Summed Up

Pakistan already spending 8% budget on climate, says minister


Mushah­idulla­h says climat­e change impact­s effort­s to reduce povert­y, enhanc­e food securi­tyBONN / LATEST / CLIMATE: Pakistan is already contributing 8% of its budgetary allocations to address the issue of climate change as it faces huge impacts like recurrent floods, heat waves, cyclones, drought, desertification, glacial-melt and sea level rise despite its minimal contribution to global warming. Unable to improvise, Mushahidullah insists on giving prepared speech at COP 23“Nationally, we are already incurring 8% of our budgetary resources to address climate change, creating extreme pressures on our economy,” said Minister for Climate Change Mushaidullah Khan while addressing negotiators and observers on Thursday at the UN Climate Change Conference (COP23). Khan said Pakistan was also working hard in bringing about mitigation within the domains of energy, transport, town planning, agriculture etc. He pointed out that in Pakistan mitigation has very high potential, but obviously with corresponding resources. Similarly, adaptation to climate change impacts require additional investments of up to US $14 billion annually”.


Source: The Express Tribune November 17, 2017 05:15 UTC



Loading...
Loading...
  

Loading...