AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
Pakistan

WEF lauds PM Khan’s ‘green stimulus’ efforts

Such efforts help families and keep the economy running during pandemic shutdowns, says WEF. Many of the new j
Published May 1, 2020
  • Such efforts help families and keep the economy running during pandemic shutdowns, says WEF.
  • Many of the new jobs are being created in rural areas, informed the report with workers earning between Rs500-Rs800 per day.

The World Economic Forum has lauded the government of Pakistan 10 Billion Tree Tsunami program for using unemployed laborers new jobs as amid lockdowns imposed to curb the coronavirus pandemic.

“Such ‘green stimulus’ efforts are an example of how funds that aim to help families and keep the economy running during pandemic shutdowns could also help nations prepare for the next big threat: climate change,” stated WEF in its report titled, COVID-19: Pakistan's 'green stimulus' scheme is a win-win for the environment and the unemployed, compiled by WEF and Thompson Reuters.

The report pointed out that the Global Climate Risk Index 2020, ranked Pakistan fifth on a list of countries most affected by planetary heating over the last two decades.

Earlier this month, PM Imran Khan granted an exemption to the forestry agency to restart the program and create more than 63,600 jobs, according to government officials. Meanwhile, much of the economic activity remains halted due to lockdown measures authorities have permitted trucks carrying trees to travel and villagers permitted to leave their homes to work with the project.

Many of the new jobs are being created in rural areas, informed the report with workers earning between Rs500-Rs800 per day.

Rab Nawaz, of WWF-Pakistan, was of the view that the government's move is "a very good idea to create green jobs and get people employed."

However, he cautioned that planting trees is just one tool in the fight against climate change, saying they're also needed to be an investment in improving the ability of farmers and city dwellers to adapt to the effects of a hotter planet.

"The government should be very selective on how it spends money, and focus on resilience," he urged.

 

 

Comments

Comments are closed.