The Art of Giving (AOG) organized its first-ever Open House at the Port Grand to provide an opportunity for the leading non-profits of the country to display their philanthropic and noble social work to prospective donors. The AOG joined hands with the National Forum for Environment and Health and CSR Club Pakistan to combine at one place leading charities, philanthropists, and donors for mobilizing maximum resources for genuine charitable causes in the country. AOG CEO, Raheel Aslam, said the Open House was organized to celebrate the fact that eight out…
Read MoreYear: 2022
Climate change’s adverse impact on Pakistan to be highlighted at COP 27
In the wake of this year’s monsoon flooding of Biblical proportions, due to which some districts of Sindh and Balochistan are still inundated, calls for climate justice by the incumbent government at international forums have grown. The Ministry of Climate Change (MOCC) in a press briefing released harrowing data regarding the impact of long-term shifts of temperatures and weather patterns on Pakistan, which is responsible for less than 1% of the world’s carbon emissions. During the last two decades the country has experienced 152 extreme events, triggered by climate change,…
Read MoreUAE, US to spur $100b in clean energy projects
The United Arab Emirates (UAE) and the United States (US) have signed a partnership to spur $100 billion of investments in clean energy projects and add 100 gigawatts of clean energy globally by 2035, state news agency WAM reported on Tuesday. “Together, we will spur large-scale investment in new energy technologies, in our own countries, around the world and in emerging economies,” US energy envoy Amos Hochstein said in a statement carried on WAM. The statement said the partnership would “assemble and stimulate” private and public sector funding and support…
Read MoreGovt targets Rs47b oil levy collection
The government has increased the petroleum levy on petrol to a record high of Rs50 per litre to collect revenue of around Rs47 billion in November 2022. In a recent decision that left oil product prices unchanged for the first fortnight of November, the government increased the petroleum levy on petrol from Rs47.50 to Rs50 per litre, up by Rs2.50. The Oil and Gas Regulatory Authority (Ogra) had recommended a reduction of Rs2.50 in the price of petrol to provide relief to oil consumers following a decline in the global…
Read MoreChinese companies accept offer to invest in solar projects
eading Chinese companies have shown keen interest in investing in Pakistan’s solar, water and other infrastructure projects during the visit of Prime Minister Shehbaz Sharif to Beijing. The prime minister invited the Chinese corporate heads to come to Pakistan and pour capital into the government’s comprehensive solar power programme aimed at generating 10,000 megawatts of electricity, the Prime Minister’s Office said on Wednesday. The premier also encouraged Chinese investment in other alternative energy resources including wind power plants. He stressed the need for early completion of infrastructure development for the…
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