Coordinator to Prime Minister on Climate Change, Romina Khurshid Alam has announced that the first Green-Tech Hub (G-TH) will be launched soon as an state-of-the-art facility to transform Pakistan’s energy landscape and reducing its carbon footprints by fostering green technologies, renewable energy solutions and eco-friendly innovations in the country.
Addressing a webinar on ‘Creation of G-TH’ as a chief guest, organised by the Paklaunch.com in collaboration with the climate change & environmental coordination ministry, the PM’s coordinator further said that the G-TH, an initiative backed by the Government of Pakistan in collaboration with private sector stakeholders, academic institutions, and international green technology leaders, aims to position the country as a regional leader in sustainable innovation, according to a press statement issued on Monday.
During her address, she also revealed that efforts are also being made by the climate change & environmental coordination ministry to showcase highly innovative and impactful projects at the Pakistan Pavilion during the two-week UN-led global climate summit (COP29).
The climate summit is scheduled to begin from Nov. 11 in Baku, Azerbaijan, which is expected be attended by 40,000 to 50,000 delegations from over 192 countries.
“Showcasing the initiatives at the upcoming UN-led global climate conference aims to attract potential global and local investors to finance the projects to help Pakistan achieve its environmental sustainability and climate resilience goals,” Romina Khurshid Alam said.
The global leaders at this year’s annual global climate conference, which is the second largest gathering of head of states, international leaders and civil society members after UN General Assembly (UNGA), will strive to finalise the first enhanced transparency framework and establish a new collective quantified goal on climate finance, among other critical issues of adaptation, mitigation, transfer of technology and technical know-how.
“We hope GTH would act as a strategic connector, linking Pakistani innovators around the globe with global investors to leverage climate finance for these innovative projects showcased at the Pakistan Pavilion during the COP29 meeting and attract international, local investments for these climate resilience projects. Besides, MoCC&EC would facilitate alignment of these climate tech projects with Pakistan’s both adaptation and mitigation priorities,” Romina Khurshid Remarked.