ISLAMABAD 25th July 2022: Secretary Ministry of Planning Development & Special Initiatives, Syed Zafar Ali Shah on Monday witnessed the signing of a Grant Implementation Agreement signed by Muhammad Israr Khan, Secretary Agriculture, Livestock, Fisheries and Cooperative Department KP, Shah Mahmood Khan, Secretary Planning & Development Department, KP and Muhammad Fawad Hayat, National Disaster Risk Management Fund (NDMRF) for the execution of Climate Resilience through Horticulture Interventions in KP with grant financing by NDRMF amounting Rs 2899.67million.
The ceremony was held at the Ministry of Planning Development & Special Initiatives.
Speaking at the occasion, Secretary Planning Commission, Syed Zafar Ali Shah appreciated the initiatives taken by the provincial government of KP and termed it a landmark project, contributing to climate resilience and creating highly valuable crops such as Olives and Saffron, which will help around 10,000 farmers further contributing in income generation and job opportunities.
“Horticulture is an important element and such projects will help our farmers who are the backbone of the county’s economy,” said Syed Zafar Ali Shah. He said that the country is facing several challenges and flood is one of them which directly affects our agriculture sector and such projects are essential to contain the disaster.
National Disaster Risk Management Fund (NDRMF) — a government-owned entity mandated to build climate resilience in Pakistan —by reducing the socioeconomic and fiscal vulnerability of the country and its population to natural hazards by prioritizing and financing investments in Disaster Risk Reduction and preparedness that have high economic benefits taking into account climate change, disaster risks, and their impacts. NDRMF is actively engaged with a number of national, regional and international entities focusing on upcoming threats and challenges and orienting its funding and technical support functions accordingly to address the impacts of climate change and minimize disaster risks.