The Overseas Investors Chamber of Commerce and Industry (OICCI) underscored the essential role of public-private collaboration in tackling Pakistan’s climate challenges at COP 29.
The OICCI, which is part of the Pakistan delegation at COP29, organized a dialogue titled “Unlocking Pakistan’s Climate Future with Public-Private Partnerships,” at the Pakistan Pavilion and brought together prominent industry leaders, government officials, and global climate experts to discuss financing strategies that can drive climate resilience and green investments in Pakistan.
OICCI’s participation in COP29 reflects its dedication to promoting sustainable business practices and supporting policies that encourage climate finance. As Pakistan continues its path toward meeting its climate objectives, OICCI remains committed to mobilizing resources and fostering collaboration to build a climate-resilient future. Through these initiatives, OICCI aims to lay the groundwork for a sustainable, climate-smart Pakistan.
OICCI Secretary General M. Abdul Aleem stressed the private sector’s critical role in bridging Pakistan’s $152 billion climate adaptation gap, noting that “supportive policies and incentives are essential for scaling climate-smart investments.” Andrew Bailey, Managing Director at BASF Pakistan, underlined the importance of resilient financial systems, said “OICCI members are advancing Net Zero goals through investments in clean energy, green financing, and climate resilience, turning climate action into a pathway for sustainable growth.”
Rob Cameron, Global Head of ESG Engagement at Nestlé, highlighted Nestlé Pakistan’s role in water regeneration, “Preserving water resources and regeneration is part of Nestlé’s legacy and under the Caring for Water – Pakistan initiative, drip irrigation and smart soil moisture sensors have been operational across 128 acres in Punjab and 183 acres in Sindh and with these efforts, Nestlé is advancing regenerative agriculture across its value chain.” —APP
