Pakistan has said that the developing countries need eighty to one hundred billion dollars annually in concessional finance for Climate Action.Making a statement during a meeting of the Group of Friends for Sustainable Energy, in New York, Pakistan's Permanent Representative to the UN Munir Akram said current pledges fall short and lack concessionality thus hindering progress towards vital targets.Munir Akram said without concessional finance, achieving climate goals is at risk.He said there is a need to build synergies between the UN, public and private sectors in order to scale up investment in sustainable infrastructure for the energy transition.Source: Radio Pakistan
RECENT NEWS
FC Established IT Institute in Panjgur Empowers Youth
June 15, 2026
MNAs Laud PM’s Role in Promoting Global Peace
June 15, 2026
Moon Not Sighted; 1st Muharram-ul-Haram on Wednesday
June 15, 2026
PAF Trainer Aircraft Crashes Near Mardan
June 15, 2026
DPM and Japanese FM Commend US-Iran Understanding
June 15, 2026
ADVERTISEMENT