Says no real resilience sans climate justice; Calls for grants, not loans; PM says Pakistan cannot reach climate goals without int’l support
Prime Minister Shehbaz Sharif said on Wednesday that financial pledges made at the previous two United Nations’ annual climate summits, COP27 and COP28, were yet to materialise.
He made the remarks during the 29th United Nations Climate Change Conference, also known as COP29, that is being held in Azerbaijan’s capital of Baku. The premier presented Pakistan’s case on the second and final day of the World Leaders Climate Action Summit.
Pakistan is ranked among the top 10 most climate-vulnerable countries, according to the Global Climate Risk Index. It has faced increasingly frequent and severe weather events, such as unprecedented floods, intense monsoon rains, devastating heat waves, rapid glacial melting and glacial lake outburst floods.
Addressing the summit, PM Shehbaz asserted that COP29 should “make this understanding loud and clear that we will have to fulfil those financial pledges” committed at COP27 and COP28.
“And yet, I think, those huge financial commitments have to be materialised.”
The prime minister said the event was aimed at understanding the “calamities which, unfortunately, some of the countries have already faced and some will if we do not act”.
PM Shehbaz also spoke about the devastating monsoon floods of 2022, highlighting they had resulted in 1,700 deaths, massive displacement, destruction of houses and crops, and $30m loss to the country’s economy.
He called on the international community “to take measures which are so important at this point in time to have a conducive environment” to combat climate change.
The prime minister stressed that Pakistan was one of the countries that “hardly contribute” to global emissions, yet it was vulnerable to climate change and listed as one of the “10 countries which can, God forbid, face this kind of devastation again”.
“My memories are still fresh,” he said, recalling a meeting with flood affectees in Balochistan, including a boy named Ikramullah who had “lost everything”.
“His entire village was erased from the face of the earth, his home was completely demolished, and his school was also submerged. And we had arranged his education [in] another part of Pakistan,” he said.
PM Shehbaz stated he would not want “other countries to face the plight Pakistan faced back in 2022”.
Describing Pakistan as a “resilient, hard-working and responsible nation”, the premier affirmed his country was “fully committed to being part of the global climate solutions”.
Concluding his speech, the prime minister expressed the hope that under Azerbaijan’s leadership, COP29 can transform into a “finance COP by restoring confidence in the pledging process and scaling up climate finance”.
“I strongly feel that climate finance must be grant-based and not add to the debt burden of vulnerable developing countries,” he said, reiterating his remarks from yesterday on the sidelines of the summit.
