AGL 38.48 Decreased By ▼ -0.08 (-0.21%)
AIRLINK 203.02 Decreased By ▼ -4.75 (-2.29%)
BOP 10.17 Increased By ▲ 0.11 (1.09%)
CNERGY 6.54 Decreased By ▼ -0.54 (-7.63%)
DCL 9.58 Decreased By ▼ -0.41 (-4.1%)
DFML 40.02 Decreased By ▼ -1.12 (-2.72%)
DGKC 98.08 Decreased By ▼ -5.38 (-5.2%)
FCCL 34.96 Decreased By ▼ -1.39 (-3.82%)
FFBL 86.43 Decreased By ▼ -5.16 (-5.63%)
FFL 13.90 Decreased By ▼ -0.70 (-4.79%)
HUBC 131.57 Decreased By ▼ -7.86 (-5.64%)
HUMNL 14.02 Decreased By ▼ -0.08 (-0.57%)
KEL 5.61 Decreased By ▼ -0.36 (-6.03%)
KOSM 7.27 Decreased By ▼ -0.59 (-7.51%)
MLCF 45.59 Decreased By ▼ -1.69 (-3.57%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 220.76 Decreased By ▼ -1.90 (-0.85%)
PAEL 38.48 Increased By ▲ 0.37 (0.97%)
PIBTL 8.91 Decreased By ▼ -0.36 (-3.88%)
PPL 197.88 Decreased By ▼ -7.97 (-3.87%)
PRL 39.03 Decreased By ▼ -0.82 (-2.06%)
PTC 25.47 Decreased By ▼ -1.15 (-4.32%)
SEARL 103.05 Decreased By ▼ -7.19 (-6.52%)
TELE 9.02 Decreased By ▼ -0.21 (-2.28%)
TOMCL 36.41 Decreased By ▼ -1.80 (-4.71%)
TPLP 13.75 Decreased By ▼ -0.02 (-0.15%)
TREET 25.12 Decreased By ▼ -1.33 (-5.03%)
TRG 58.04 Decreased By ▼ -2.50 (-4.13%)
UNITY 33.67 Decreased By ▼ -0.47 (-1.38%)
WTL 1.71 Decreased By ▼ -0.17 (-9.04%)
BR100 11,896 Decreased By -402.5 (-3.27%)
BR30 37,383 Decreased By -1494.9 (-3.85%)
KSE100 111,070 Decreased By -3790.4 (-3.3%)
KSE30 34,909 Decreased By -1287 (-3.56%)

ISLAMABAD: Federal Minister for Climate Change and Environmental Coordination Senator Sherry Rehman held a bilateral meeting with a delegation from Germany's Federal Ministry for Economic Cooperation and Development (BMZ), led by Federal Minister Svenja Schulze, at the sidelines of the Petersberg Climate Dialogue, taking place in Berlin, Germany.

According to a statement issued here, during the meeting, the two sides engaged in discussions aimed at exploring and enhancing bilateral cooperation between the two countries on climate adaptation and mitigation measures.

The focus of the meeting was on three main areas: better protection against flooding, enhancing Pakistan's renewable energy infrastructure, and expanding social safety support programs to assist vulnerable communities facing climate shocks. Federal Minister Schulze pledged that Germany would provide Pakistan with €120 million in assistance to support these initiatives.

Minister Rehman expressed her gratitude to Germany for supporting Pakistan through the Climate Energy initiative. This initiative has supported a range of activities including climate risk assessments, sub-national climate risk profiling, mainstreaming climate education into higher education, and capacity building for finance mobilisation. Minister Rehman recognised Germany's contribution to these initiatives as being critical in enabling Pakistan to adapt to the impacts of climate change and build a more resilient future.

Minister Schulze emphasised the importance of continuing to mobilise resources for preventive and corrective measures, as well as improving Pakistan's capacity for climate mitigation and adaptation.

She highlighted that while technical solutions are critical for mitigating climate change, it is equally important to prepare societies to better cope with extreme weather in the future by incorporating social solutions into the system. Minister Schulze reaffirmed Germany's commitment to supporting Pakistan in these efforts and expressed optimism about the progress that can be made through continued cooperation between the two countries.

The ministers also explored opportunities for collaboration under the umbrella of the Global Shield against Climate Risks initiative.

Led by Germany and introduced at COP27 in partnership with the Vulnerable Twenty Group (V20) and the G7, this initiative aims to protect vulnerable developing countries and populations from the impacts of climate change. Pakistan is one of the “pathfinder countries” where activities will first be rolled out to improve disaster response and preparedness, as well as social security systems in the event of a climate disaster.

The discussion concluded with potential areas for future cooperation, including exploring the prospects of green hydrogen as a means to achieve energy security in Pakistan.

The ministers expressed optimism about the potential for continued collaboration between Germany and Pakistan to advance efforts in combating the impacts of climate change and building a more sustainable future for all.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Sojourn May 04, 2023 04:42am
She should recall what a havoc Zardari as an environmental minster made during BB times...Bad Botox job very evident in the photo!
thumb_up Recommended (0)