Author: Admin

Pakistan must push for an ambitious and equitable New Collective Quantified Goal (NCQG), an expanded Adaptation Fund, a fully operationalised Loss and Damage Fund, and a fair and transparent carbon market system under Article 6 of the Paris Agreement. As negotiations unfold at COP29 in Baku, Pakistan stands at a critical juncture in its climate journey – one that is marked by both immense vulnerability and resilient ambition. With a population of over 235 million people, many of whom rely on agriculture for their livelihoods, Pakistan’s future is inextricably linked…

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BAKU (Azerbaijan) Nov 17: Sindh Chief Minister Syed Murad Ali Shah, speaking at COP-29 on Nature’s Carbon Solution, emphasised the transformative Delta Blue Carbon (DBC) project in the Indus Delta, Sindh. “We have [Sindh] a 230-kilometre coastline and its 667,000 hectares of wetland ecosystems in mitigating and adapting to climate change.” He said this while speaking at COP-29, titled “Nature’s Carbon Solution: The Delta Blue Carbon Story – Tech Zero: Navigating the Digital Frontier in Coastal Climate Solutions, organised by the Sindh Forest Department, in collaboration with the Delta Blue…

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Ayla Majid has made history as the first South Asian, Pakistani, and Muslim to be elected Global President of the Association of Chartered Certified Accountants (ACCA) in its 120-year history. This remarkable achievement highlights Ayla’s exceptional leadership, dedication, and commitment to advancing the accounting profession. As a successful business leader and advocate for sustainability, Ayla has been a powerful voice for diversity and inclusion in the global financial sector. Her appointment marks a significant milestone, not only for ACCA but for the broader financial community, as she paves the way…

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HOUSTON: Oil prices slipped on Friday and were bound for a weekly loss as investors digested waning Chinese demand and a possible slowing of the U.S. Federal Reserve’s interest rate cut path. Brent crude futures dropped 71 cents, or 0.98%, to $71.85 a barrel by 10:32 a.m. EDT. U.S. West Texas Intermediate crude futures were down 72 cents, or 1.05%, at $67.98. For the week, Brent is set to fall 2.9% while WTI is set to decline 3.6%. China’s oil refiners in October processed 4.6% less crude than a year…

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LAHORE: Central Chairman of Pakistan Hardware Merchants Association Sardar Usman Ghani Central Chairman in a statement has demanded the government to charge electricity bill rates on the basis of total consumption and not on excess consumption, moreover domestic, industrial, commercial and agricultural electricity bills to be received on the basis of uniform rates. He demanded that electricity rates should be reduced by 12 rupees per unit in the current month’s bills, so that the citizens, industries and businesses who have been suffering from inflation for the past two and a…

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