The Green Climate Fund (GCF) announced $66 million in funding. To build Pakistan’s resilience to climate change It will invest in water supply and green infrastructure.
Green Climate Fund
In addition to Green Climate Fund (GCF) funding, the project is backed by a $12 million venture capitalist and the Coca-Cola Foundation in the United States. The Agency for International Development (USAID) and WWF-Pakistan are all coming together to prioritize climate change through massive green infrastructure. wetland development flood management expanding local agricultural and forestry businesses
The seven-year project aims to benefit communities in the Indus River Basin. and is adept at using natural solutions to prepare for dangerous climate disasters facing Pakistan.
Coca-Cola Foundation President Sadia Madsberg acknowledged the scale of the problem and said: “As Green Climate we seek to manage the impacts of climate change in densely populated countries like Pakistan. We rely on collective creativity and flexibility.” It is our duty to recognize the challenges of today’s generation, work together, and invest our resources. and work tirelessly to find a sustainable solution.”
He said: “It is up to Pakistan to replenish.” Our goal is to make a positive difference in the lives of 7 million people and help flood-affected communities.”
Replenishment Pakistan is one of the Coca-Cola Foundation’s largest grants for climate action and disaster risk reduction.
As an integrated multi-agency program We support and support Pakistan’s integration into existing EBA priorities. Pakistan Climate Minister Sherry Rehman said in a public statement of support that Reloading is the result of “Rigorous implementation of the project. ” After months of consultations with all the provinces.”
This announcement heralds the success of the alliance. US Ambassador Pakistani President Donald Bloom said, “The US government We see Recharge Pakistan as a game changer in creating economic opportunities in areas affected by floods and water scarcity.”
WWF-Pakistan CEO Hammad Naqi Khan added, “Focusing on green infrastructure and ecological adaptation is important for a country like Pakistan. where the impact of climate change is more frequent and severe” financial crisis”.
