Pakistan’s Climate Budget: connecting the dots of climate spending.
What is climate financing? “Climate finance refers to local, national or transnational financing—drawn from public, private and alternative sources of financing—that seeks to support mitigation and adaptation actions that will address climate change” (Ministry of Climate Change & Environmental Coordination (MoCC&EC)). Ministry Of Climate Change and Environmental coordination (MoCC&EC) first established its climate finance wing in […]
Climate Finance: State Bank of Pakistan’s Green Banking Guidelines
Pakistan is responsible for less than 1% of the global carbon emissions. However, it ranks among the top ten highly climate change affected countries. The 2022 flooding was an event that cost 40 billion dollars. So, the fundamental issue here is how did the banking system in Pakistan react? The State Bank of Pakistan has […]