When one-third of Pakistan was submerged during the catastrophic floods of 2022 and economic losses exceeded $30 billion, the critical question was not just how to rebuild but how to pay for it. In the absence of pre-arranged financial mechanisms, Pakistan had to divert funds from essential social sector budgets and rely heavily on uncertain …
Unpuzzling the disaster risk insurance challenge in Pakistan Read More »
As the 29th edition of the Conference of Parties (COP29) wrapped up in Baku, the world faced yet another dire warning: 2024 is likely to be the hottest year on record. Rising air and ocean temperatures have amplified extreme weather events, transforming minor tropical storms into devastating hurricanes like Milton, Helene, and Beryl. Heatwaves scorched …
The success of COP 29, to be held in Baku, Azerbaijan in November, hinges on the question of finance – climate finance, to be precise. The issue has two essential aspects: Firstly, where will the new and truly additional financing for climate action come from? And secondly, to address the long unaddressed challenge of the …
Fragmented International Climate Finance System in Review Read More »
Chief Executive Officer (CEO), National Disaster Risk Management Fund (NDRMF), Bilal Anwar on Thursday said the Fund have launched its first Business Policy 2024 that helped in repurposing and redefining it over a course of 18-month to change the donors’ mindset for well-informed disaster resilience interventions. The document is a 10-year long-term policy intervention being …
NDRMF Business Policy 2024 Envisages Paradigm shift in Disaster Read More »
ISLAMABAD: The CEO of the National Disaster Risk Management Fund (NDRMF), a public body that funds disaster risk reduction in Pakistan, said on Thursday Pakistan’s first carbon market would “largely” work under the cap-and-trade model in which companies in regulated sectors will have emissions limits. Earlier this week, the Prime Minister’s Office said the government …
Pakistan says its first carbon market to be based on ‘cap-and-trade’ system Read More »
National Disaster Risk Management Fund With the COP28 round the corner international climate diplomacy is once again set to spring into action in the figuratively illustrative desert venue of Abu Dhabi, United Arab Emirates. Global political figures and high profile personalities are eager to gather for a period of two weeks to grapple with the …
Company Profile Pakistan’s geophysical conditions, climatic extremes, and high degrees of exposure and vulnerability have categorized Pakistan as a severely disaster-prone country. According to the Index For Risk Management (INFORM) 2018, Pakistan’s risk rating stands at 6.4 out of 10, as the country continues to suffer from a plethora of natural and human-induced hazards that …
NDRMF is a government-owned not-for-profit institution registered with the Securities & Exchange
NDRMF is a government-owned not-for-profit institution registered with the Securities & Exchange Commission of Pakistan under Section 42
NDRMF is a government-owned not-for-profit institution registered with the Securities & Exchange Commission of Pakistan under Section 42
NDRMF is a government-owned not-for-profit institution registered with the Securities & Exchange Commission of Pakistan under Section 42
