Pakistan’s PM Urges for Climate Action Funding at Global Stock Take Event

Sat Dec 02 2023
icon-facebook icon-twitter icon-whatsapp

DUBAI: Pakistan’s Prime Minister Anwaar-ul-Haq Kakar participated in the Global Stock Take (GST) High-Level Event on Means of Implementation on Saturday during the World Climate Action Summit (WCAS) in Dubai.

During a roundtable discussion, the Prime Minister underscored the urgency of addressing the climate crisis and emphasized the critical need for sufficient means of implementation, including climate finance, capacity-building, and technology support, particularly for developing nations grappling with this escalating challenge.

Highlighting that climate finance is pivotal to catalyzing effective climate action, Prime Minister Kakar expressed concerns that the financial requirements of developing countries far exceed the unfulfilled pledge of US$100 billion.

He called for a substantial increase in the development and transfer of proven climate technologies, accompanied by enhanced capacity-building efforts for developing nations.

The Prime Minister stressed the importance of greater coherence and coordination within the United Nations system to tackle climate-related issues effectively.

Global Stock Take Reviews Goals of Paris Agreement

The Global Stock Take (GST) serves as a comprehensive review process for countries and stakeholders to assess collective progress toward meeting the goals outlined in the Paris Agreement.

The high-level event, part of the COP28 Mandated Events series, witnessed the participation of approximately 30 Heads of State/Government.

icon-facebook icon-twitter icon-whatsapp