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Pakistan requires an astonishing $390 billion for green future—Discover the reasons!

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According to a report by the Asian Development Bank (ADB) published on Sunday, Pakistan need about $390 billion in supplementary investments by 2050 to effectively transition to a low-carbon economy.

This substantial investment is essential to fulfill the nation’s international obligations on carbon emission reductions, especially through efforts like the coal-to-gas transition in the industrial sector, electrification of transportation, and substituting gas with electricity for cooking.

The research, entitled Pakistan Low-Carbon Energy Outlook and Technology Road Map, emphasizes that these energy growth initiatives will necessitate significant financial support.

The investment allocation indicates that hydropower generation will necessitate around $153 billion, nuclear power $103 billion, wind power $62 billion, and solar energy $51 billion.

Furthermore, $22 billion is required for transmission and distribution infrastructure to maintain a reliable electricity grid.

These investments supplement those necessary for the transportation and residential sectors, which are essential for attaining energy efficiency objectives. The ADB recognizes the challenges in obtaining such an ambitious investment program, as government finance will be inadequate, necessitating substantial financial support from both domestic and international private sectors. This may encompass equity financing, bank loans, bond offerings, and international financial aid.

The Manila-based loan organization remarked, “Attaining this level of funding will be difficult,” emphasizing the necessity for significant reforms to draw investment. The paper advocates for regulatory reforms, strong policy actions, and thorough planning to establish an investment environment favorable to this level of capital.

To achieve the ambitious objective of emission reduction, Pakistan needs execute a number of legislative actions that connect private sector incentives with environmental objectives.

The research emphasized the necessity of a conducive regulatory environment, coupled with an organized project preparation and execution system, to satisfy the demands of multilateral and bilateral donors.

The ADB’s analysis reveals that the low-carbon scenario will substantially diminish Pakistan’s greenhouse gas emissions, forecasting a 23% decrease by 2030 and a 36% reduction by 2050, relative to the business-as-usual trajectory.

The essential factor in attaining these reductions will be the shift to cleaner energy sources, including natural gas and renewables, especially within the industrial and transportation sectors.

Pakistan, among the most susceptible nations to climate change, urgently requires a balance between economic development and environmental sustainability.

The government has pledged to decrease national greenhouse gas emissions by 50%.

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To stop begging in Saudi Arabia, Pakistan would implement a stringent Umrah regulation.

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The action, according to details, is intended to stop the begging mafia from damaging Pakistan’s reputation in the holy land.

As part of its severe efforts against beggars, the Ministry of Religious Affairs has planned to require pilgrims to sign an affidavit vowing not to beg before leaving for Umrah. Those who violate this affidavit will face strict legal action.

Umrah pilgrims will not be permitted to travel alone; they must travel in groups in order to further discourage begging. This measure ensures that pilgrims are accountable for their actions and are less likely to engage in begging.

In order to discourage begging, tour companies will also have to get pilgrims to sign affidavits.

According to sources, the administration is committed to resolving this issue because begging has damaged Pakistan’s ties with Saudi Arabia.

Four travel agents were arrested by the Federal Investigation Agency (FIA) for sending residents to Saudi Arabia to beg during raids in different parts of Multan.

Mohammad Ejaz, Ghulam, Ghulam Yaseen, and Sadiq Hussain were among the agents that were arrested, according to an FIA official.

The representative clarified that the information from previously detained people was the basis for these arrests.

The agents were allegedly sending citizens to Saudi Arabia with the purpose of begging and then collecting a share of the money earned through begging.

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These cities’ schools will reopen tomorrow as the smog subsides.

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Prior to this, the Punjab government declared that schools will be closed from November 17 to November 25.

A Punjab government announcement states that schools in the Rawalpindi Division will reopen tomorrow since the area’s air pollution has reduced following a reduction in haze.

The notice stated that schools in Rawalpindi, Jhelum, Attock, and Chakwal would reopen tomorrow.

According to reports, the level of toxic fog in Lahore and other Punjabi cities has somewhat decreased.

With an Air Quality Index (AQI) score of 497, Lahore was recognised as the second most polluted city in the world.

In the past, the district government of Lahore prohibited outdoor activities in response to the growing pollution menace.

Religious meetings are exempt, but all sports, exhibits, and activities are suspended, as is dining outside of restaurants, according to a statement released by the DC Lahore.

Additionally, stores, marketplaces, and shopping centres will close by 8 PM, however pharmacies, labs, gas stations, and supermarkets will not be affected.

Only grocery and medical departments may remain open in large department stores.

During pollution, the Deputy Commissioner of Lahore has advised residents to use masks and refrain from needless outside activities.

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SHC considers objections to the plaza’s building next to Mazar-e-Quaid

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SHC Justice Zafar Rajput said during Monday’s hearing of a petition against the unlawful construction of a plaza next to Mazar-e-Quaid that “everything has been fair in love and Pakistan.”

“Can you believe over an advertisement in Pakistani conditions?” the justice of the Sindh High Court asked during the hearing.

In Jamshed Town, the petitioner’s attorney said that an unlawful plaza was being constructed over a plot of land. “It has violated the sacredness of Quaid’s mausoleum,” the attorney stated.

The attorney argued that advertisements for the project’s booking have already been published. “What happens when advertisements are published?” the bench asked. The lawyer stated, “Layman will consider the project as lawful after these advertisements are published.”

After calling for additional arguments regarding the petition’s maintainability, the judge postponed the hearing for three weeks.

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