ISLAMABAD: The United Kingdom has announced over £55 million to help Pakistan tackle climate change.
British High Commissioner Dr Christian Turner announced this at a reception for climate change stakeholders at the British High Commission on Thursday.
“For Pakistan, climate change could be catastrophic. That is why we are working together on trees and finance and mobilizing leading Pakistani businesses. This £55m new funding will ensure Pakistan becomes more resilient to climate impacts, with more sustainable water use and greater access to climate finance, improving lives and livelihoods,” Dr Christian Turner said.
The new funding for climate change in Pakistan is split into three parts: a five-year climate resilience programme – worth £38 million – will help Pakistan’s poorest communities to protect themselves from the changing climate; a five-year water governance programme – worth £15 million – will make water use in Pakistan more sustainable and water access fairer; an additional £2.5 million to support new ways of attracting much-needed climate investment to Pakistan, including on the development of a Nature Performance Bond.
Earlier this year, the UK launched a new programme in Lahore to promote cleaner brick production practices which will help improve air quality, reduce smog and fight climate change.