Pakistan proudly leading ‘green finance’ innovations for a secure future, says PM

While addressing a special event on Green Financing Innovations in the country, organized by Ministry of Climate Change in connection with World Environment Day in Islamabad today, Imran Khan emphasized on achieving the tree plantation target under Ten Billion Tree Tsunami Program to protect environmental future of the nation.

Underlining the importance of environmental protection for a better future of the next generations, he called for establishing national parks and promoting urban forestry.

“It is welcoming that people have started developing awareness about tree plantation, and school children are also taking part in the campaign,” he added.

He further added that every citizen should contribute to making the country green.

The premier stated that it is encouraging that mangrove cover has been expanding in Pakistan for the last twenty years.

Khan stressed the need for using new techniques adopted by China to raise forests in the country.

“Pakistan contributes to global carbon emission less than one percent; however, it is one of the most vulnerable countries in respect of global warming effects due to glacier melting”.

He said the world started giving attention to climate change issue about twenty years ago and it is now realizing gravity of the situation. He said Pakistan will take the lead in the global efforts for environmental protection.

Moreover, on the occasion, a joint statement was signed to initiate dialogue with the United Kingdom, Germany and Canada for Pakistan's first Nature Bond, and the possibility of a "Debt for Nature" Swap.

World Bank's study on "Blue Carbon" was also presented which, for the first time, gives an economic value to the country's unvalued marine wealth including Pakistan's mangroves and seagrasses.