Saturday, September 21, 2024

Pakistan adopts NDC to cut greenhouse gas emission by 50%: Finance Minister

Pakistan adopts NDC to cut greenhouse gas emission by 50%: Finance Minister
November 2, 2023 Web Desk

ISLAMABAD (APP) - Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar highlighted on Thursday that Pakistan adopted an ambitious Nationally Determined Contributions (NDC) plan to cut greenhouse gas (GHG) emissions by 50%.

The minister was virtually addressing virtually the United Nations Conference on Trade and Development (UNCTAD) conference titled 'Development Finance for 2030 Agenda: Environmentally Safe Industrialization' held in Geneva.

The minister said that State Bank of Pakistan (SBP) and Securities and Exchange Commission of Pakistan (SECP) have also issued guidelines for the adoption of Green Industry practices.

Dr Akhtar stressed on global action to accelerate investment in sustainable development goals while tackling debt distress in developing economies.