Climate Change and Population Growth Major Obstacles to $3 Trillion Economy, Says Finance Minister Aurangzeb
Finance Minister Muhammad Aurangzeb has identified climate change and population growth as the two biggest obstacles to Pakistan’s $3 trillion economy target. Speaking on Geo News, he warned of economic damage from recent floods and rising poverty, while Miftah Ismail emphasized the need for reforms and renewable energy adoption to achieve sustainable growth.
Pakistan Launches Paris-Aligned Finance Fellowship to Advance Climate-Smart Banking
Pakistan has launched the Paris-Aligned Finance Fellowship to align its financial sector with global climate standards, enabling banks and regulators to support sustainable investments and manage climate risks more effectively.
Citi Partners with Pakistan to Launch Landmark Sovereign Sustainable Finance Framework
Citi and the Government of Pakistan have jointly launched a landmark Sovereign Sustainable Finance Framework to unlock green and social financing, strengthen ESG investment, and build a robust sustainable finance ecosystem in the country.
Pakistan Could Unlock $2.25 Billion a Year from Carbon Credits, Says Report
A new Transparency International Pakistan report reveals that Pakistan could earn up to $2.25 billion annually from carbon credits but warns of governance and transparency gaps in market readiness.
GIKI and HBL Join Forces to Drive Innovation, Future Talent, and Sustainable Development in Pakistan
GIKI and HBL have embarked on a strategic collaboration to accelerate innovation, bridge the industry-academia skill gap, and invest in sustainable development, focusing on future-ready technologies like EVs, blockchain, and cybersecurity.
SBP and ADB Roll Out Women Entrepreneurs Finance Code to Bridge Gender Finance Gap in Pakistan
The State Bank of Pakistan and Asian Development Bank have launched the WE Finance Code to boost women’s access to finance, with 20 banks committing to drive gender-inclusive growth.
WB Rates Punjab Green Development Project as ‘Moderately Satisfactory’, Revises Closure to 2025
The World Bank has rated the Punjab Green Development Programme as ‘moderately satisfactory,’ highlighting partial progress on green investments, with the project now extended to close in November 2025.