Trends - Climate Fund - Business Recorder

Climate Fund

Confused about climate change

EDITORIAL: Senator Sherry Rehman is right to note that “institutional Pakistan remains confused about climate...

Updated 21 Dec, 2024 07:30am

Climate funding: ADB commits Rs700bn, IFIs follow suit

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs was told that International Financial...

Updated 13 Dec, 2024 09:23am

Population, economy: ICJ apprised of woeful climate change impacts

Attorney General Mansoor Awan presents Pakistan’s case at the International Court of Justice

Updated 13 Dec, 2024 03:58pm

Opinion

Does COP29 matter amid eroded political consensus?

The comity of nations is joined together like the beads of a rosary through the multilateral platform of the United...

Updated 05 Dec, 2024 07:37am

Markets

Pakistan receives $500 million from ADB for climate programme

Proceeds to reflect in SBP’s foreign exchange reserves for week ending on November 29

Updated 28 Nov, 2024 10:59pm

World

Babayev blames rich countries for ‘imperfect’ deal

PARIS: The tough-fought finance deal at UN climate negotiations was “imperfect”, the Azerbaijan COP29 leadership...

Published 27 Nov, 2024 06:44am

World

Wealthy nations pledge ‘no new coal’

BAKU: Twenty-five countries at the COP29 climate summit Wednesday pledged not to build any new unabated coal-power...

Published 21 Nov, 2024 05:51am

Pakistan

Climate change: $500m loan inked with ADB

ISLAMABAD: The Asian Development Bank (ADB) and the government of Pakistan, on Monday, signed $500 million...

Published 19 Nov, 2024 07:57am

World

Fragile countries make $20bn climate finance push at COP29

BAKU: A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a...

Published 16 Nov, 2024 06:04am

World

Oil execs work COP29 as NGOs slam lobbyist presence

BAKU: Oil executives and lobbyists descended on COP29 in Baku for “energy day” Friday, as environmental groups...

Published 16 Nov, 2024 06:04am

World

Development bank financing pledge gives summit early boost

BAKU: COP29 negotiators welcomed a pledge by major development banks to lift funding to poor and middle-income...

Published 14 Nov, 2024 07:45am

Pakistan

Climate change: Previous financial pledges yet to materialise: PM

BAKU: Prime Minister Shehbaz Sharif on Wednesday sensitizing the global community on the risks posed by climate...

Published 14 Nov, 2024 06:33am

World

Stark warning on emissions as leaders divided

BAKU: Global leaders offered competing visions on how to tackle climate change at UN-led talks on Wednesday as a new...

Published 14 Nov, 2024 06:30am

World

Poorer countries: Lenders set $120bn climate finance goal

BAKU: The world’s top multilateral banks pledged to ramp up climate finance to low and middle income countries to...

Published 13 Nov, 2024 06:33am

Opinion

Bridging climate governance gap: a roadmap for COP29 and beyond

Pakistan stands at the crossroads of climate vulnerability, facing the harsh consequences of a crisis it did not...

Updated 11 Nov, 2024 07:38am

Climate change could cut Pakistan’s GDP by 21.1pc by 2070: ADB

ISLAMABAD: Climate change could cut Pakistan’s gross domestic product (GDP) by 21.1 per cent by 2070 under a high...

Updated 01 Nov, 2024 09:58am

Pakistan

ADB approves $500m loan for CDREP

ISLAMABAD: The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support climate change...

Published 30 Oct, 2024 06:32am

World

Public money ‘must be at core’ of new climate pact: UN

PARIS: The UN’s climate chief said Thursday that money from rich countries “must be at the core” of a new deal...

Published 18 Oct, 2024 06:10am

Pakistan

Adaptation Fund Board approves $10m worth project for Indus-SAFER

ISLAMABAD: Adaptation Fund Board Monday approved a landmark $10 million worth project for the Indus-Sustainable...

Updated 16 Oct, 2024 08:11am

SC concerned at no budgetary allocation for climate fund

ISLAMABAD: The Supreme Court expressed concern that the federal and provincial governments have not allocated any...

Updated 06 Jul, 2024 09:18am

Opinion

Pakistan’s uphill battle: navigating the complexities of climate change

As the world clamours for unified action to combat the ever-pressing specter of climate change, Pakistan stands at a...

Updated 15 Sep, 2023 07:33am

Geneva pledges: PM vows 3rd party validation of spending

ISLAMABAD: Prime Minister Shehbaz Sharif has said that the Geneva Conference for flood victims was a success as...

Updated 12 Jan, 2023 08:49am

Editorials

Pledges for climate justice

EDITORIAL: The conference co-hosted by Pakistan, represented by Prime Minister Shehbaz Sharif and a team of federal...

Published 11 Jan, 2023 05:53am

Pakistan

FM says creation of 'Loss and Damage Fund' significant achievement for Pakistan

Bilawal says Pakistan represents the aspirations of the developing world

Published 28 Dec, 2022 08:28pm

Pakistan

‘Loss and damage’ fund: Pakistan greets historic COP27 deal

ISLAMABAD: Pakistan welcomes the establishment of a fund to address loss and damage caused by climate-induced...

Published 21 Nov, 2022 08:05am

Opinion

Joy at ‘historic’ climate damages deal

Vulnerable nations least responsible for planet-heating emissions have been battling for three decades for wealthy...

Published 21 Nov, 2022 06:40am

Pakistan

PM hails historic deal

ISLAMABAD: While welcoming the establishment of damage and loss fund to compensate the losses of poor countries...

Updated 21 Nov, 2022 09:20am

World

Germany boosts its climate fund with 60bn euro injection

BERLIN: Germany's new government passed a supplementary budget on Monday to supercharge its climate and...

Published 13 Dec, 2021 05:03pm

World

US House passes Biden's $1.75-trillion social spending bill, sending to Senate

WASHINGTON: President Joe Biden's $1.75 trillion bill to bolster the social safety net and fight climate change...

Updated 19 Nov, 2021 09:25pm

Business & Finance

Tata Motors to invest $2bn in EVs after fundraise from TPG

NEW DELHI: Tata Motors will invest over $2 billion in its electric vehicle (EV) business over the next five years, a...

Updated 12 Oct, 2021 08:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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