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Gulf stocks edge higher on oil recovery, diplomacy hopes ‘Off Campus’ S2 wraps as leaked BTS footage shakes fandom fever Rising Opioid Use Disorder crisis hits older adults Pakistan develops 'Gender Tracker' to tackle online harassment of women Bahawalpur teen plays 'Breaking Bad', arrested for poisoning father with AI help Trump’s Board of Peace recovery blueprint sets $2.45B six-month plan to rebuild Gaza Rock world in shock as Rose Tattoo frontman 'Angry Anderson' dies at 79 Massive unexploded 'WW2' bomb found near Falmouth Docks Punjab boards announce Intermediate Part-II results 2026 PM appoints Hamza Farrukh as Pakistan Climate Change Authority chair Pakistan Navy, Coast Guards foil smuggling bid in Pishukan Saudi Arabia marks 96th National Day, highlights close Pakistan-Saudi partnership Pindiz owner warns of PSL exit over Rizwan Trump meets Venezuela’s Delcy Rodriguez on UNGA sidelines Shehbaz meets Bill Gates, reaffirms push to eradicate polio ADB forecasts Pakistan growth at 3.7% for FY2027, warns of middle east risks Prime Minister Shehbaz and DPM Dar ramp up diplomacy at UN General Assembly US F-16 crashes near German air base after training exercise Pakistan foils Afghan infiltration, responds to border fire Gulf stocks edge higher on oil recovery, diplomacy hopes ‘Off Campus’ S2 wraps as leaked BTS footage shakes fandom fever Rising Opioid Use Disorder crisis hits older adults Pakistan develops 'Gender Tracker' to tackle online harassment of women Bahawalpur teen plays 'Breaking Bad', arrested for poisoning father with AI help Trump’s Board of Peace recovery blueprint sets $2.45B six-month plan to rebuild Gaza Rock world in shock as Rose Tattoo frontman 'Angry Anderson' dies at 79 Massive unexploded 'WW2' bomb found near Falmouth Docks Punjab boards announce Intermediate Part-II results 2026 PM appoints Hamza Farrukh as Pakistan Climate Change Authority chair Pakistan Navy, Coast Guards foil smuggling bid in Pishukan Saudi Arabia marks 96th National Day, highlights close Pakistan-Saudi partnership Pindiz owner warns of PSL exit over Rizwan Trump meets Venezuela’s Delcy Rodriguez on UNGA sidelines Shehbaz meets Bill Gates, reaffirms push to eradicate polio ADB forecasts Pakistan growth at 3.7% for FY2027, warns of middle east risks Prime Minister Shehbaz and DPM Dar ramp up diplomacy at UN General Assembly US F-16 crashes near German air base after training exercise Pakistan foils Afghan infiltration, responds to border fire

COP-29 Summit: Pakistan faces %30b loss due to floods: PM

COP-29 Summit: Pakistan faces %30b loss due to floods: PM

Web Desk November 13, 2024 Add Bol News as a trusted source

KARACHI: Prime Minister Shahbaz Sharif on Wednesday that if timely measures are not taken to deal with climate change, there will be loss in the future.

Prime Minister Shehbaz Sharif while addressing the COP29 Climate Action Summit in Baku, the capital of Azerbaijan, said that due to floods, schools, houses and crops were severely damaged in Pakistan. He said Pakistan lost $30 billion due to floods.

Nearly 200 nations are negotiating global action on climate change at the summit aimed at climate fundraising to help transition to clean energy and adaptation to a warmer world.

The summit seeks to reach a deal that ensures up to trillions of dollars in financing for climate projects worldwide.

Prime Minister Shehbaz Sharif said that the world has promised to help Pakistan on the damages caused by climate change and hoped that the promises made in COP28 will be implemented.

He said that “We do not want other countries like Pakistan to face a situation like disastrous floods and added that Pakistan is taking strong measures to deal with climate change”.

The Prime Minister said that “We do not want that we are working on the National Carbon Market Framework, the world has to help developing countries like Pakistan”. He said Pakistan wants to invest in alternative energy sources.

[embedpost slug="pm-shehbaz-in-baku-to-attend-cop29-summit"]

Shahbaz Sharif said that for a safe future, “We have to work on environmental protection on an emergency basis, if we do not take timely measures, the future generations w

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