Category: Highlights

Pakistan and United States of America on Monday pledged to jointly work and boost bilateral cooperation for enhanced global climate action to protect world environmental ecosystems and the life on earth they feed, said the statement. https://www.facebook.com/v2.9/plugins/quote.php?app_id=106170627023&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fx%2Fconnect%2Fxd_arbiter%2F%3Fversion%3D46%23cb%3Dfc30a4346bc8e8%26domain%3Dnation.com.pk%26origin%3Dhttps%253A%252F%252Fnation.com.pk%252Ff10e5051d37f3e4%26relation%3Dparent.parent&container_width=779&href=https%3A%2F%2Fnation.com.pk%2F27-Jul-2021%2Fpakistan-us-pledge-to-work-for-global-climate-action&locale=en_US&sdk=joey Climate Change Ministry media spokesperson Muhammad Saleem told media persons that Special Assistant to Prime Minister Imran Khan on Climate Change Malik Amin Aslam and Former presidential candidate and US Special Envoy for Climate John Kerry made such pledge during their meeting in the British capital’s Kew Gardens on the heels of the pre-COP…

Read More

Zi Solar, a leading renewable energy solution provider in Pakistan, has entered into partnership with Aeonus, a Korean global leader in renewable energy, for the deployment of Electric Vehicles (EV) charging and storage equipment in the country. The two companies will also collaborate in research and development to promote electric charging infrastructure and facilities in Pakistan. The collaboration is in line with the government’s objective to promote electric vehicles to improve the environment and to reduce the oil import bill. The collaboration also complements the Pakistan Electric Vehicles Policy 2020-2025…

Read More

The banks’ credit to the private sector jumped 12% to a total of Rs6.82 trillion in the previous fiscal year (FY21), as a number of sectors- including those which got government’s support and those that played a key role in turning the economy around- borrowed more during the year. The credit increased by Rs741 billion from FY20’s level of Rs6.08 trillion, according to the data reported by Pakistan’s central bank on Friday. “The percentage of banks’ credit to the private sector grew in double digits in FY21 compared to annual…

Read More

President SAARC chamber of commerce and Industry Iftikhar Ali Malik Sunday said that a stronger private sector could help Pakistan realise its economic potential. Talking to a 20-member traders delegation led by Zafar Bakhtawari Secretary General United Business Group in the federation of Pakistan Chamber of Commerce and Industry here, he said that only private sector plays key role in pushing economic growth upward, generating job opportunities, providing oxygen to domestic industry besides boosting export in addition to promotion of small and medium sized enterprises (SMEs). He said Pakistan has…

Read More

Now at 375 Bcf/d, the reality of the world’s energy situation is that natural gas demand is set to grow substantially in the years ahead. Any serious low-carbon outlook has gas as a foundational resource. Experts at McKinsey model “resilient” gas demand through 2050, even in an accelerated transition scenario to meet climate change goals. The world is simply too poor, too fast-growing, and too energy-starved for this not to be true: more practically, the U.S. Department of Energy forecasts a 40-45% jump in global gas consumption. The International Energy…

Read More