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At COP31, PM Shehbaz calls for grant-based finance, resilience funding for climate-vulnerable countries

Prime Minister Shehbaz Sharif on Thursday called for grant-based finance and improved resilience and adaptation funds for climate-vulnerable countries at COP31 in Turkiye. Addressing the summit, PM Shehbaz highlighted Pakistan’s efforts towards clean energy, but warned that “national effort cannot replace a fair and just global response.” “When climate disasters strike, vulnerable countries need…

At COP31, PM Shehbaz calls for grant-based finance, resilience funding for climate-vulnerable countries

Pakistan's Prime Minister Shehbaz Sharif called for grant-based finance and enhanced resilience and adaptation funds for climate-vulnerable countries at the COP31 summit in Turkey on Thursday. Addressing the global gathering, Shehbaz highlighted Pakistan's commitment to clean energy while emphasizing that national efforts alone are insufficient to address the climate crisis.

He stressed the urgent need for a "fair and just global response," particularly for vulnerable nations that require timely financial assistance without exacerbating their debt burdens. Specifically, Pakistan advocated for "grant-based finance, including public-private partnerships, alongside significant improvements in resilience and adaptation funds, which are critical survival funds for struggling economies."

Brief written by urgent.news from Dawn - Pakistan's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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