Pakistan Finance Minister urges climate pledges to yield real results

Policy and funding needs identified

The finance minister stated that effective action requires a solid policy framework alongside access to money. He also pointed out the necessity for local capacity to execute projects successfully. Pakistan has made progress in its rules but still faces hurdles in finding investable projects.

Past floods show implementation gaps

Aurangzeb noted that international aid pledged after the 2022 floods was not fully used by some partners. He argued that suitable projects must be developed to ensure future support is utilized properly. Institutional fragmentation and a lack of bankable initiatives continue to slow down progress.