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Arguably, disasters pretty much resemble financial crises – both are exogenously driven events spreading shocks across the country of a scale disrupting the long-term economic growth trajectory by stripping away the developmental gains, resulting in the loss of valuable human lives and livelihood losses of a large number of people. Ongoing floods in Pakistan and …

Disaster Risk Management in Pakistan – Challenges and Viable Approaches Read More »

An understanding has finally emerged that Pakistan faces serious climatic challenges, which can continue to trigger devastating disasters, such as the floods last year. Building on the principles of climate justice, Pakistan made a powerful claim to the international community, at the largest annual international Conference on Climate Change (UNFCCC) COP-27 (Conference of Parties). Pakistan …

Climate finance challenges Read More »

In order to promote socially responsible and environment-friendly practices in the field of oil & gas exploration and production in line with the sustainable development goals, National Disaster Risk Management Fund (NDRMF) and Oil & Gas Development Company Limited (OGDCL) entered into an agreement to work on joint projects. An MoU signing ceremony in this …

MoU signing ceremony between OGDCL and NDRMF Read More »

Despite its shortcomings and weaknesses, the Clean Development Mechanism (CDM) under the Kyoto Protocol demonstrated the concept that carbon trading can make a significant contribution to achieving global carbon mitigation targets in a cost-effective manner. It also ensures flexibility within the broader system of regulatory requirements for compliance with the targets and commitments outlined in …

Carbon Markets in Pakistan Read More »

Live video-stream of the collapse of Hassanabad bridge in Gilgit Baltistan on 7th May, 2022 caused by glacial lake outburst flood (GLOF) from Shishper glacier in Hunza instantly went viral globally. It drew attention of the world to Pakistan warranting that glaciers are feeling the heat due to rise in surface temperature and could potentially …

Climate change: New dimension of natural disasters Read More »