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On Monday, Prime Minister Imran Khan said that the developed countries must take lead in raising their climate ambitions, both for emissions reduction and increased financial flows to the developing countries.
These views were expressed by Prime Minister Imran Khan while addressing an informal meeting on Climate Change through a video link.
Emphasizing that commitments made under the Paris Agreement must be fully implemented, he expressed concern over unrealized climate finance pledges by the developed countries.
The meeting was convened jointly by the Prime Minister of the UK and the United Nations Secretary-General on the sidelines of the 76th session of the UN General Assembly.
Twenty five Heads of State and Government were invited for the leaders’ informal gathering.
The Prime Minister suggested that initiatives such as debt-for-nature swap would create fiscal space for the developing countries for enhanced climate actions.
Imran Khan also highlighted Pakistan’s extreme vulnerability to Climate Change and shared that addressing its impact was a major priority of his government.
In this regard, he informed the leaders about the key national initiatives, including the success of the flagship 10 Billion Tree Tsunami Project and the clean energy target of 60 percent by 2030.
The Prime Minister highlighted that Pakistan had replaced two planned 2600 MW coal power plants with hydropower projects as part of its efforts towards climate-sensitive economic growth and development.