Year: 2021

Copping Out?

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Progress doesn’t follow a straight line. The outcomes from most-recent United Nations Climate Change Conference in Glasgow – dubbed as COP26 – have disappointed climate activists. The climate change issue is a major, era-defining test of the multilateral system that has been in place for many decades. But major powers have competing interests, which complicate reaching a consensus. What has been lately ignored by pundits and analysts is that climate discussions have been taking place under an environment of fatigues and constraints brought on by the pandemic. Countries are focusing…

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Press release – TBTTP National Workshop on MIS/Log-Frame concludes in Islamabad

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A three-day National Workshop on the Ten Billion Trees Tsunami Programme (TBTTP) was concluded today in Islamabad. The workshop was jointly organized by the Ministry of Climate Change of the Government of Pakistan, KfW and the Third Party Monitoring Consortium: IUCN Pakistan, FAO Pakistan and WWF-Pakistan with the financial assistance of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the participation of the Forestry Departments of all provinces, AJK and GB. The workshop currently focused on building the capacities of the stakeholders and the Third Party Monitoring…

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Razak Worried Gas Shortages May Slow Down Export Growth

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Adviser to the Prime Minister on Commerce, Textile, Industry and Production Abdul Razak Dawood has said he’s “worried” the ongoing gas shortage may slow down the pace of exports’ growth in December and beyond. Speaking to journalists at the Karachi Press Club on Wednesday, Mr Dawood said industrial units, particularly in the textile industry, that have combined-cycle captive power plants will continue to get uninterrupted gas supplies. These are the efficient power plants that route the heat generated by the gas turbine to a separate steam turbine that produces extra…

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ADB Committed to Support Pakistan’s Reform Agenda

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John Hurley, USA’s Alternative Executive Director to the Asian Development Bank (ADB) has reassured that the bank’s support to Pakistan’s reform agendas would speed up as soon as the ongoing International Monetary Fund (IMF) Review was completed. Hurley, who is on his first official visit to Pakistan, was welcomed by Federal Minister for Economic Affairs Omar Ayub Khan on Tuesday. The minister expressed his gratitude to the ADB management for efficiently processing and successfully procuring Covid-19 vaccines to support the government’s national vaccination drive. Highlighting the financial and budgetary importance…

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Thar Mine Expansion Plan Hinges on Resolution of CPEC Phase-1 issues

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The recently approved “Phase-III Thar Coal Mine Expansion Project” may face challenges in attracting investment due to unresolved issues of the sponsors of ongoing CPEC Phase-1 projects. Till the resolution of outstanding issues, the government will find it difficult to create forward linkages for the use of coal beyond power sector, sources said. It may be noted that in October, the Sindh government had approved the expansion plan for annual extraction of 12.2 million tons of coal. The project, envisioned to be completed by mid-2023, will reduce the cost of…

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