LAHORE: Federal Minister for Climate Change Dr. Musadik Malik has called on Pakistan’s future civil servants to place climate resilience, adaptation planning, and inter-ministerial coordination at the heart of public administration, emphasizing that climate change has evolved into a governance challenge requiring strong institutions and informed policymaking. Addressing probationary officers of the 54th Common Training Programme (CTP) at the Civil Services Academy (CSA), the minister presented a data-driven assessment of global climate inequality, highlighting Pakistan’s disproportionate exposure to climate risks despite its minimal contribution to global greenhouse gas emissions. The…
Read MoreCategory: Latest News
Govt Submits PC-1 of 82MW Gilgit-Baltistan Solar Project to ECNEC for Approval
ISLAMABAD: The federal government has submitted the PC-1 of the 82MW utility-scale solar component of the 100MW Gilgit-Baltistan Solar Energy Project to the Executive Committee of the National Economic Council (ECNEC) for approval, Prime Minister Shehbaz Sharif was informed during a high-level review meeting. According to an official statement, the 82MW solar project is expected to benefit nearly 1.3 million people by improving electricity supply and significantly reducing load shedding across Gilgit-Baltistan. Chairing the meeting, Prime Minister Shehbaz Sharif reaffirmed the government’s commitment to expanding renewable energy, describing solar power…
Read MoreCabinet Committee Rejects Gas Utilities’ Bid for IFRS Exemption Amid Circular Debt Concerns
ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (SOEs) has rejected a request by Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC) for exemption from international accounting and financial reporting standards, a move aimed at preventing the two gas utilities from being classified as financially insolvent. The committee, chaired by Finance Minister Muhammad Aurangzeb, directed the Petroleum Division to hold further consultations with the Finance Division and the Ministry of Law and Justice before submitting a revised proposal for reconsideration. According to an official statement, the…
Read MoreWorld Bank Approves $375.9 Million to Modernize Pakistan’s Power Transmission Network
The World Bank’s Board of Executive Directors has approved $375.9 million in financing for Pakistan’s Grid Stability Enhancement Project, marking a significant step toward strengthening the country’s electricity transmission system, improving grid reliability, and accelerating the integration of renewable energy. The project is the first phase of the Boosting Energy Security through Transmission in Pakistan (BEST-PAK) Multiphase Programmatic Approach (MPA), a 10-year initiative aimed at modernizing Pakistan’s transmission infrastructure, reducing power outages, and enabling greater use of clean energy across the country. World Bank Country Director for Pakistan, Bolormaa Amgaabazar,…
Read MorePakistan-Russia webinar strengthens momentum for cooperation in trade, education & energy
The Institute of Regional Studies (IRS), Islamabad, in collaboration with the University of World Civilisations (UWCM), Moscow, on Thursday convened the second event in the Pakistan-Russia Webinar Series, titled “Pakistan-Russia: Strengthening Trade, Education & Energy Collaboration.” The webinar brought together senior policymakers, diplomats, business leaders and academics from both countries to examine practical opportunities for expanding bilateral engagement in trade, industrial development, energy, education and regional connectivity. Building upon the success of the first webinar in the series in June 2026, the second dialogue advanced discussions from geopolitical perspectives toward…
Read More