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Deputy Prime Minister Speaks at COP-29 Summit: Pakistan Needs $348 Billion to Become Climate Resilient by 2030

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According to Muhammad Ishaq Dar, the deputy prime minister and foreign minister, the current international finance system is biased against climate-responsive investment in developing nations.

Pakistan, according to Dar, continues to rank in the top ten nations most affected by climate change. The catastrophic floods of 2022 caused losses and damages of more over USD 30 billion, and they reduced Pakistan’s GDP by 4%. It took USD 348 billion for Pakistan to become climate resilient by 2030.

Dar stated Pakistan’s continued commitment to working with the international community to address climate change.

“We allocate 20% of our annual public sector program to climate-responsive public investments, which include climate-smart agriculture, renewable energy, and integrated flood response,” he added. The goal of Pakistan’s national climate finance plan is to use climate finance to meet our demands for adaptation as well as mitigation,” he added.

Dar praised the forum’s dedication to establishing innovative climate finance tools that will unlock accessible, affordable, and available climate funding for developing nations.

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The Interior Ministry prohibits KP from using government machinery for PTI protests.

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Khyber Pakhtunkhwa is not allowed to use the resources of the Provincial Government for a party protest, according to the Interior Ministry.

On November 24, the PTI has scheduled a protest, and Chief Minister Khyber Pakhtunkhwa Ali Amin Gandapur has declared his intention to participate.

The Federal Government arrested a number of Provincial Government officials who were ordered to participate in the violent protest in Islamabad by the PTI, and confiscated vehicles used by the KP Government against the state during the previous protest in October.

However, the Jinnah Supermarket Traders Union has petitioned the Islamabad High Court to halt the PTI demonstration in the capital and deem it unlawful.

In the petition, the head of the Traders Union has asked the court to rule that the PTI protest violates fundamental human rights by preventing companies from operating and removing the public’s ability to visit stores for necessities.

The petition asked the high court to protect the capital’s workers and PTI founder from unlawful protests.

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Aleem Khan says Pakistan wants to have 30% of its cars run on electricity by 2030.

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He underlined that important efforts are being made to facilitate the mass adoption of electric vehicles in Pakistan during his remarks at the “Transport And Digital Middle Corridor And Beyond” session at COP29 in Baku.

The government is actively developing EV infrastructure, including the installation of charging stations, Aleem Khan promised.

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Planning Minister: The Nation Is Back on Track for Development

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Ahsan Iqbal, the Federal Minister for Planning and Development, asserts that the country’s youth are its future and that Pakistan has made great strides over the past 77 years, becoming the sixth nuclear state in the world today.

Speaking at a ceremony in Islamabad, Federal Minister for Planning Ahsan Iqbal stated that inconsistent policies have an impact on the development process.

According to Ahsan Iqbal, the CPEC got Pakistan on its path to growth, and the government is currently moving on with phase two of the project.

The country was in danger of defaulting, but the government has put it back on course, he said.

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