Editor: Rana Qaisar   
Founding Editor: Shafqat Munir   

PM Shehbaz Urges Wealthy Nations to Honour Climate Finance Promises, Unveils Pakistan’s New Green Growth Targets 

29 Oktober 2025 12:16:10

New York/Islamabad, September 25, 2025 ( ): Prime Minister Shehbaz Sharif has called on the international community to deliver on its long-standing climate finance commitments, warning that debt-dependent mechanisms cannot address the escalating climate crisis confronting vulnerable nations like Pakistan. Speaking at the Special Climate Event convened by UN Secretary-General António Guterres and the President of Brazil ahead of COP30, the prime minister unveiled Pakistan’s new climate targets, setting an ambitious roadmap toward energy transition, clean mobility, and ecosystem restoration. “Loans over loans, adding to loans is not a solution,” the prime minister told delegates, urging that climate finance must be based on justice and shared responsibility. “Pakistan is committed to being part of the solution, but it cannot face this crisis alone. We need fair, predictable, and accessible support.” Shehbaz Sharif announced that Pakistan will raise the share of renewable and hydropower energy to 62 percent of the national mix by 2035, expand nuclear capacity by 1,200 megawatts by 2030, and transition 30 percent of its transport sector to cleaner mobility within the same period. The roadmap also includes establishing 3,000 electric vehicle charging stations nationwide, scaling up climate-smart agriculture, enhancing water security, and planting one billion trees under a national restoration programme. The prime minister reminded the global audience that Pakistan continues to suffer from the compounded effects of climate disasters, recalling the 2022 super floods that caused more than $30 billion in economic losses, displaced millions, and devastated critical infrastructure. This year’s extreme monsoon events, he noted, affected over five million people, destroyed 4,100 villages, and claimed more than 1,000 lives. Despite contributing less than 1 percent of global greenhouse gas emissions, Pakistan has already met its unconditional target of a 15 percent reduction in projected emissions by 2030, the premier highlighted. “Renewables now account for 32 percent of our power mix, solar capacity has expanded seven-fold since 2021, and we have restored over 23,000 hectares of mangroves,” he said, adding that lack of adequate international finance remains a critical barrier to accelerating adaptation and mitigation measures. In his remarks, UN Secretary-General António Guterres echoed the urgency of global cooperation, warning that the window to limit warming to 1.5°C is closing fast. He urged nations to arrive at COP30 in Brazil with enhanced 2035 targets and a “credible global response plan” backed by $1.3 trillion in annual climate finance by 2035. Guterres also reiterated the need for debt relief for developing countries that “did least to cause the crisis but are suffering the most.” Prime Minister Shehbaz reaffirmed Pakistan’s determination to “build resilience through reform, innovation, and shared responsibility,” stressing that climate finance must not be a privilege but a lifeline for nations on the frontline of the climate emergency.