BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)

ISLAMABAD: The $77.8 million “Recharge Pakistan” project that aims to improve the resilience of some of the country’s most vulnerable communities affected by the impacts of climate change will formally be launched on 10 September 2024 in Islamabad.

Championed by the Government of Pakistan’s Ministry of Climate Change and the Federal Flood Commission, under the Ministry of Water Resources, this project has been made possible with the support of the Green Climate Fund, the US Agency for International Development (USAID), The Coca-Cola Foundation (TCCF) and WWF.

According to a statement of USAID Pakistan, the project will be implemented at select sites in Khyber Pakhtunkhwa (KP), Sindh, and Balochistan provinces by the relevant provincial departments and WWF-Pakistan.

PM announces $77.8m ‘Recharge Pakistan’ at COP28

“The project aims to address the country’s current and emerging environmental challenges, such as super floods, widespread rains, heatwaves, and droughts,” it stated.

It added that the project seeks to demonstrate the effectiveness of Ecosystem-based Adaptation (EbA) and green infrastructure as innovative additions to the nation’s traditional grey infrastructure solutions or the public systems built to manage water resources and stormwater. With a collective grant of US$77.8 million, it added that the project is the largest such investment at the national level, and is estimated to directly benefit more than 680,000 people and indirectly support more than seven million people across the project sites in Pakistan.

The launch event is expected to be attended by senior representatives from the Government of Pakistan, the Green Climate Fund, USAID, TCCF, WWF-US, WWF-Pakistan, and WWF-International.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.

Dr Salaria Aamir Ahmad Sep 08, 2024 07:04am
Thank you USA.
0
T Sep 08, 2024 09:34am
the stick and carrot approach will always keep the dog tied.
0