Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

World Bank lauded for helping Pakistan achieve SDGs

byCT Report
06/12/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Federal Minister for Climate Change Zahid Hamid Sunday lauded efforts of the World Bank for helping Pakistan to achieve sustainable socio-economic development goals and alleviate poverty in the country.

He said this in a meeting with Senior Director for Climate Change at the World Bank John Roome who was called on the Minister for Climate Change Zahid Hamid on the sidelines of the UN-led global climate change conference.

You might also like

IT leads list as SECP registers 2,993 companies in March 2026

15/04/2026

First lithium battery manufacturing plant set to open in Karachi

14/04/2026

Both sides discussed various development initiatives of the World Bank and their impacts on agriculture, water irrigation, energy, health, livelihood and gender development sectors launched in Pakistan, said a press release.

He said the World Bank official that present government would further welcome any support required to cope with delirious impacts of climate change on various socio-economic sectors and people’s livelihoods.

“The gains made over the years particularly in the agriculture, water, education, health and energy and poverty reduction in the country are being threatened by the devastating impacts of climate change” Zahid Hamid told John Roome. He added floods, heat waves, cyclones, sea intrusion, shifting and weakening rainfall patterns and surging glacial melt.

However, the  PML-N led government would welcome any project of the World Bank launched in Pakistan, which would help the country cope with the climate change impacts and boost its climate resilience.

The minister also informed how Pakistan is bearing the brunt of climate change despite its negligible contribution in the overall climate-altering global carbon emissions. He told him, “The country’s contribution to global emissions is minuscule – roughly 0.8 percent of global GHG emissions.

On the basis of per capita GHG emissions, we stand 135th in the world. Yet, the country is frequently exposed to extreme weather events such as droughts, sea level rise, floods, landslides, recession of glaciers and glacial lake outburst floods (GLOF); and cyclone activity.

“Over last two decades, the country’s average annual economic damages due to the climate change-induced extreme weather have been calculated at US$ 4 billion.”

Zahid Hamid also conveyed Pakistan’s adaptation needs in various socio-economic sectors to mitigate negative impacts of climate change.

“We would, however, laud World Bank if it plays its role in helping Pakistan meet its financial, technology and technical capacity-building needs in the various socio-economic sectors,” he said.

John Roome assured the minister all-out support of his organization and said that he would convey Pakistan’s adaptation needs in agriculture, water, irrigation, energy, health and education areas as a part required for making the country climate-resilient.

Related Stories

IT leads list as SECP registers 2,993 companies in March 2026

byCT Report
15/04/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March 2026, showing an 11% increase...

First lithium battery manufacturing plant set to open in Karachi

byCT Report
14/04/2026

KARACHI: Pakistan’s first national lithium-ion battery manufacturing policy for 2026–31 is nearing approval, while the country’s first lithium battery production...

Cotton prices hit two-year high as supply constraints tighten market

byCT Report
13/04/2026

KARACHI: Cotton prices in Pakistan have climbed to a two-year high, with rates rising by Rs4,000 per maund to reach...

Diesel price cut by Rs134.81, petrol down Rs11.83

byCT Report
11/04/2026

ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre...

Next Post

FIA arrests most-wanted human smuggler

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.