ISLAMABAD: Finance Minister Muhammad Aurangzeb has issued a stark warning about Pakistan’s economic and environmental future, urging immediate mobilisation of climate finance to counter what he termed as “existential threats to national survival” posed by climate change and rapid population growth.
Speaking at a high-level plenary session titled “Mobilising Finance for a Circular, Climate-Resilient South Asia” — held on the third day of the Sustainable Development Conference organised by the Sustainable Development Policy Institute (SDPI) — Mr Aurangzeb stressed the need for swift adaptation of Pakistan’s fiscal and regulatory systems to attract sustainable investment.
“Climate finance is now a global imperative,” the finance minister stated. “While global GDP continues to rise, Pakistan is undertaking structural reforms to stabilise its economy and build investor confidence.”
He emphasised the growing role of the private sector and digital innovation in driving the green transition, noting that fintech and digital platforms could become critical enablers of climate-focused investment and sustainable innovation.
