ISLAMABAD: The Ministry of Climate Change and Environmental Coordination has “secured” 2.478 billion rupees under the Public Sector Development Programme (PSDP) for the upcoming fiscal year 2026-27, said a press release on Sunday.
These funds have been earmarked for afforestation, green growth and building resilience against floods, droughts and other climate-induced disasters, the press release said.
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Effective 1 July, the allocation will finance four key projects focusing on ecological restoration, youth-oriented green skills, urban resilience and strengthening institutional capacities to support the country’s climate action agenda, the press release added.
The largest share of the allocation of Rs 2.335 billion, has been set aside for the flagship Up-scaling of Green Pakistan Programme aimed at expanding forest cover, conserving biodiversity, enhancing carbon sequestration and restoring degraded ecosystems, said the press release.
Copyright Business Recorder, 2026
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