Prime Minister Shehbaz Sharif has called for grant-based financing including public private partnership alongside significant enhancement of resilience and adaptation funds especially for struggling economies to cope with climate disasters. Addressing COP 31 Summit in Antalya, Turkiye today, he emphasized that when climate disasters strike vulnerable countries need timely help and support that does not deepen their debt. The Prime Minister said climate change knows no borders, stressing that no nation can face it alone. He said solidarity must mean real action. Shehbaz Sharif alluded to the death and destruction caused by flash floods in Pakistan in the year 2022. He expressed gratitude to the Turkish leadership and people for standing with Pakistan during the floods of 2010 and 2022. He said their solidarity and friendship shall forever remain in our hearts and memories. The Prime Minister also highlighted the steps taken by Pakistan for promotion of clean energy. He said clean sources now contribute nearly fifty five percent of our energy mix. He said Pakistan is advancing electric mobility and have set a target to cut projected emissions by about fifty percent by 2035. He, however, said our national effort cannot replace a fair and just global response. He said the people who have contributed the least to climate change, bears its heaviest consequences.
PM Shehbaz calls for grant-based financing, enhanced climate funds for vulnerable economies
