AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

ISLAMABAD: The $77.8 million “Recharge Pakistan” project that aims to improve the resilience of some of the country’s most vulnerable communities affected by the impacts of climate change will formally be launched on 10 September 2024 in Islamabad.

Championed by the Government of Pakistan’s Ministry of Climate Change and the Federal Flood Commission, under the Ministry of Water Resources, this project has been made possible with the support of the Green Climate Fund, the US Agency for International Development (USAID), The Coca-Cola Foundation (TCCF) and WWF.

According to a statement of USAID Pakistan, the project will be implemented at select sites in Khyber Pakhtunkhwa (KP), Sindh, and Balochistan provinces by the relevant provincial departments and WWF-Pakistan.

PM announces $77.8m ‘Recharge Pakistan’ at COP28

“The project aims to address the country’s current and emerging environmental challenges, such as super floods, widespread rains, heatwaves, and droughts,” it stated.

It added that the project seeks to demonstrate the effectiveness of Ecosystem-based Adaptation (EbA) and green infrastructure as innovative additions to the nation’s traditional grey infrastructure solutions or the public systems built to manage water resources and stormwater. With a collective grant of US$77.8 million, it added that the project is the largest such investment at the national level, and is estimated to directly benefit more than 680,000 people and indirectly support more than seven million people across the project sites in Pakistan.

The launch event is expected to be attended by senior representatives from the Government of Pakistan, the Green Climate Fund, USAID, TCCF, WWF-US, WWF-Pakistan, and WWF-International.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Dr Salaria Aamir Ahmad Sep 08, 2024 07:04am
Thank you USA.
thumb_up Recommended (0)
T Sep 08, 2024 09:34am
the stick and carrot approach will always keep the dog tied.
thumb_up Recommended (0)