Islamabad, Pakistan, February 18, 2025 – Prominent government leaders from Pakistan and Germany met during a high-level bilateral meeting organized at the Ministry of Climate Change and Environmental Coordination (MoCC&EC), to discuss shared goals for strengthening Pakistan’s carbon market rules and regulations, policies, integrity and infrastructure. This bilateral meeting was held under the patronage of Secretary (In charge) MoCC&EC, Ms. Aisha Humaera, stated that she hopes that the technical expertise and capacity building support provided by the German government will help create a robust carbon projects with high environmental integrity…
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China-Pakistan partnership paves way for a shared future: Ambassador Jiang Zaidong
In a recent statement, Chinese Ambassador to Pakistan HE Jiang Zaidong highlighted the significant strides made in China-Pakistan relations, especially in light of the recent high-level visits between the two countries. President Asif Ali Zardari’s state visit to China earlier this month, following Prime Minister Shehbaz Sharif’s visit in June of last year and Premier Li Qiang’s visit to Pakistan in October, has underscored the deepening ties between the two nations. According to Ambassador Jiang, these exchanges reflect the “ironclad friendship” and the enduring nature of the China-Pakistan “All-weather Strategic…
Read MoreKarot HPP launches report on China’s role in Pak uplift
ISLAMABAD – China Three Gorges South Asia Investment Ltd. has launched the Karot Hydropower Project Report 2025, detailing the successful operations of the Chinese power initiative under the China-Pakistan Economic Corridor (CPEC). The report was unveiled at the one-day International Conference on ‘Regional Connectivity & Pakistan: Emerging Opportunities,’ hosted by the Pakistan-China Institute in Islamabad. It emphasizes the significant benefits of Foreign Direct Investment in Pakistan. The event drew global dignitaries, who commended the contributions of Chinese companies to Pakistan’s development. According to Gwadar Pro, the report emphasizes that Chinese…
Read MoreChinese power projects under CPEC leave Pakistan struggling with debt
The China-Pakistan Economic Corridor (CPEC), once hailed as a transformative initiative for Pakistan’s economy, has left the nation grappling with substantial debt and soaring electricity costs, according to Oil Price. Launched in 2013, the $62bn partnership was aimed at boosting economic cooperation, trade, and infrastructure development, with a significant focus on addressing Pakistan’s chronic energy shortages. Of the total investment, nearly $35bn was channelled into 21 power projects under CPEC, most of them coal-fired, adding 6,000 MW to the national grid. Pakistan’s power generation capacity now stands at 42,131 MW—double its…
Read MoreOil heads for weekly gain on supply jitters
Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over a potential peace deal in Ukraine. Brent futures slipped by 73 cents, or 0.95%, to $75.75 a barrel by 1104 GMT while U.S. West Texas Intermediate crude lost 73 cents, or 1%, to $71.75. Both have gained about 1.4% this week – the largest weekly advance since early January. Brent would be marking a second week of gains after three weeks of declines. WTI is set for its…
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