Federal Minister for
Climate Change Senator Mushaidullah Khan attended the Report launch of Pakistan
Climate Change Financing Framework.
‘The
government of Pakistan has taken various solid initiatives for future planning
and budgeting of Climate Change. The Public Financial Managing System has been
reformed at central level”, Federal Minister for Climate Change Senator
Mushahidullah Khan. He further added Ministry of Climate Change with the
collaboration of Ministry of Finance and Ministry of Planning has formulated
comprehensive Climate Change Financing Framework. This Climate Change financing
Framework will be milestone in bringing climate change in mainstream of
planning and finance system. The budgeting of climate change is formally now
part of budget call circular and budget policy, highlighted by the Minister.
“There
is more need to create awareness on Climate Change issue, told by the Minister.
We are living under glaciers and having serious threats .The desertification is
increasing in Pakistan whereas our contribution in carbon emission is only
0.08% and among top ten countries most affected by the climate change” emphasized
by the Minister.
Mr.
Neil Buhne United Nations Country Coordinator of United Nations Development
Program also emphasized the importance of calculating Climate Change Finance.
Pakistan
is fourth country after Indonesia, Vietnam, and Bangladesh that has developed
comprehensive approach towards climate change financing. First Climate Change
Public Institutional Review was launched in 2015 examining Khyber Pukhtoonkhawa,
FATA and Azad Jammu And Kashmir. The current report in national wide and
includes federal, all provinces and three regions. This report presents a
roadmap of a wide range of reforms that will require sustained efforts and
commitments for implementations alongside a short to medium term plan of
action. The Climate Change financing Framework is a major output of the efforts
of the government of Pakistan, supported by United Nations Development Program.
The process began with a Climate Public Expenditure Institutional Report which
provided useful insight to establish a baseline for Climate Change expenditure,
a Climate Public expenditure And
Institutional Review was carried out by tagging Climate Change relevant
expenditures in the government budget. The event was
attended by officials of Ministry of Climate Change, Ministry of Finance,
representatives United Nations Development Program, Civil Society and media
persons.
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